Research analysts covering Fuxing China Group.
Recent press releases and 8-K filings for FFFZ.
Fuxing China Group Limited enters placement agreement for new ordinary shares
FFFZ
New Projects/Investments
- Fuxing China Group Limited entered into a placement agreement on November 5, 2025, to issue up to 3,000,000 new ordinary shares at S$0.415 per share, aiming to raise up to S$1,245,000.
- The placement price represents a 9.0% discount to the volume weighted average price of S$0.456 on October 31, 2025.
- The estimated net proceeds of S$1,145,000 are designated for investment in technological research and development and upgrades to intelligent manufacturing equipment and assembly line.
- Pro forma financial effects indicate a decrease in EPS from RMB 0.04 to RMB 0.03 and NTA per share from RMB 31.78 to RMB 27.37 following the placement.
Nov 6, 2025, 3:00 PM
Fuxing China Group Limited Reports H1 2025 Financial Results and Strategic Updates
FFFZ
Earnings
Guidance Update
New Projects/Investments
- Fuxing China Group Limited reported a net loss of RMB9,519,000 for the half year ended June 30, 2025, a decrease from a profit of RMB10,340,000 in the prior year, while revenue decreased by 1% to RMB335,088,000.
- Despite the revenue decline, gross profit increased by 24% to RMB24,474,000 for the six months ended June 30, 2025, primarily due to the Zipper segment. However, general and administrative expenses rose significantly by 141%.
- The company's loans and borrowings decreased by 39% to RMB124,505,000 as of June 30, 2025, driven by repayments of short-term bank loans and bills payable.
- Post-period, Fuxing China Group Limited completed the disposal of Jinjiang Jianxin Weaving Co., Ltd. on August 6, 2025, to bolster working capital, and is pursuing a proposed NASDAQ listing for strategic expansion.
- The Group expects continued impact from high production costs, razor-thin gross margins, and uncertain customer demand, with potential dampening effects on demand from US tariffs, although no direct impact on pricing or order volumes has been observed.
Sep 15, 2025, 5:24 PM
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