
Fengshan Group: The signing of the technology development contract does not have an impact on the company's main business and will not have a significant impact on the operating performance in 2025

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Fengshan Group signed a "Technology Development Contract" with Tsinghua University for project-based research and development, which carries significant uncertainty. This contract has no impact on the company's main business and is expected to have no significant effect on the operating performance in 2025. The main product revenue scale of the company's holding subsidiary Fengshan Quannuo is relatively small, and market competition is intense
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