---
title: "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"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258230354.md"
description: "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"
datetime: "2025-09-21T09:35:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258230354.md)
  - [en](https://longbridge.com/en/news/258230354.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258230354.md)
---

# 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

According to the Zhitong Finance APP, Fengshan Group (603810.SH) has released a supplementary announcement regarding the signing of the "Technology Development Contract" and a risk warning. The "Technology Development Contract" signed with Tsinghua University is only for project-based research and development, which has a high degree of difficulty, and there is significant uncertainty regarding the specific research and development results and their commercialization. The signing of this technology development contract does not currently impact the company's main business, which has not changed, and it will not have a significant impact on the operating performance in 2025. The company's holding subsidiary, Fengshan Quannuo, currently sells mainly sodium-ion and lithium-ion battery electrolytes, which have a small revenue scale and face intense competition in the industry. The company does not involve revenue related to solid-state battery electrolyte materials

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