Automotive Parts and Equipment

FUYAO GLASS

JPMorgan Reduces Fuyao Glass Stake by 618,700 Shares for HKD 37.88 Million

JPMorgan Chase Increases Stake in Fuyao Glass by 458,638 Shares on May 12, Holding Reaches 14.03%

US Department of Homeland Security Raided Fuyao Glass Factory Last Year

Fuyao Glass Issues First Tranche of MTN in 2026

Goldman Sachs: Fuyao Glass Expected to Achieve 50.5 Billion RMB Revenue in 2026, Maintain Buy Rating

Cao Hui's First Annual Shareholders' Meeting as CEO of Fuyao Glass

Cao Dewang Makes Forceful Remarks on Tariff Risks at Fuyao Glass Shareholders' Meeting

Fuyao Glass Holds Annual General Meeting and Gains Shareholder Approval

Fuyao Glass Net Profit Down 15.68% in Q1 2026

FUYAO GLASS released FY2026 Q1 earnings on April 21 Pre-Market (BJT), actual revenue HKD 11.81 B (forecast HKD 12.57 B), actual EPS HKD 0.7482 (forecast HKD 0.931)

Fuyao Glass Issues Second Series of Ultra-Short Term Financing Notes for 2026

Fuyao Glass to Release FY2026 Q1 Earnings on April 21 Pre-Market (BJT), Forecast Revenue HKD 12.62 B, EPS HKD 0.931

Fuyao Glass US Plant Commences Production, Stock Price Rises

Fuyao Glass Fully Holds the Establishment of Anhui Fuyao Mold Technology Co., Ltd.

XPeng Motor Partners with Fuyao Group to Mass-produce AI Privacy Glass

Fuyao Glass Issues First Short-term Financing Coupon

Fuyao Glass to Hold Annual General Meeting with Proposal of 1.20 Yuan Cash Dividend Per Share

Deutsche Bank Upgrades Fuyao Glass Target Price to HKD 74.00

UBS Downgrades Fuyao Glass Earnings Forecast and Target Price

Fuyao Glass released FY2025 earnings on March 17 After-Market (BJT), actual revenue HKD 50.04 B (forecast HKD 51.21 B), actual EPS HKD 3.9018 (forecast HKD 4.0672)

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The Department of Homeland Security raided a Fuyao auto glass plant last year, as its main competitor warns it could be put out of business.

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Trump is in China. This company is a cautionary tale of Chinese investment

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The global building construction glass market is projected to reach USD 99.02 billion by 2031, growing at a CAGR of 4.74% from 2025. APAC holds a significant 40% share, driven by urban expansion and energy-efficient regulations. Demand for high-performance glass is increasing in commercial and residential sectors, prompting manufacturers to innovate and expand production. Key trends include a focus on energy efficiency, low-carbon manufacturing, and advanced glazing solutions. Major players include Fuyao Glass and Xinyi Glass, with APAC emerging as a crucial growth region for the industry.

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XINYI GLASS

10:51 ETBuilding Construction Glass Market Size to Reach 99.02 Billion by 2031 as APAC Captures 40% Global Share -- Arizton

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On May 8th, FUYAO GLASS showed steady performance during the day, with the MACD daily line confirming a bullish signal above the zero axis, further validating the continuation of the medium-term upward trend from a technical perspective. The trading volume was approximately HKD 313 million, maintaining at a reasonable level, indicating a high recognition of the current position by funds, with no signs of panic selling or overheated chasing. As a global leader in automotive glass, FUYAO's performance is often seen as a barometer for the prosperity of the automotive industry chain. On the news front, domestic new energy vehicle sales data for April continued to improve, with several automakers achieving record high delivery volumes. As a core component supplier, FUYAO benefits from the increasing glass area per vehicle and the rising penetration of high-value-added products such as HUD (Head-Up Display) under the trend of intelligence. Additionally, it has been reported that Xiaomi Auto will launch an independent sub-brand "XunTian," and the increase in new models means more demand for glass components. The entire automotive parts sector has gained attention from funds in the Hong Kong stock market, with expectations of industry chain prosperity supporting individual stocks. From a technical perspective, the 5-day and 10-day moving averages maintain a bullish arrangement, with the stock price running above the short-term averages and a complete support structure. If the subsequent trading volume remains stable and the stock price reaches new highs, the upward space is expected to further open up. It should be noted that stocks in the automotive chain, such as Weichai Power, experienced significant adjustments today, leading to some differentiation within the sector. The short-term trend is biased towards bullish, with a good resonance pattern between fundamentals and technicals. However, if global automotive sales data falls short of expectations or trade frictions escalate affecting export orders, the current trend may face challenges

Technical Forecast

Guotai CSI 800 Automobile and Parts ETF

Hua Xia CSI New Energy Vehicles ETF

E Fund Hang Seng SCHK Automobile ETF

HFT CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

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Xiaomi HK SDR 2to1

Pre-market trend | FUYAO GLASS (3606.HK) 5/8 good volume-price matching, is there a signal of recovery in the automotive chain?

Goldman Sachs maintains a Buy rating on FUYAO GLASSwith a target price of HKD73. Despite a 5.2% YoY decline in global automobile production, the company reported a 5% YoY revenue growth in 1Q26, with only a 3.7% drop in shipment volume, indicating market share gains. Management expects limited impact from cost inflation due to geopolitical tensions, predicting stable construction-in-progress capitalization for 2026.

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G Sachs Keeps Buy on FUYAO GLASS, Sets TP at HKD73

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Fuyao Glass Industry Group Co., Ltd. held its 2025 AGM and 2026 class meetings on April 21, 2026, in Fujian, China. All resolutions proposed were approved by shareholders, confirming strong support for the board's agenda. The meetings adhered to corporate governance standards and were conducted through a mix of on-site and online voting. The latest analyst rating for Fuyao Glass (HK:3606) is a Buy, with a price target of HK$78.10. The company specializes in automotive and industrial glass products and is listed in both A and H share markets.

Tip Ranks

ChinaAMC CSI Auto Components Thematic ETF

Fuyao Glass Shareholders Approve All Resolutions at 2025 AGM and 2026 Class Meetings

Fuyao Glass's Q1 2026 report shows revenue of 10.413 billion yuan, a 5.08% year-over-year increase, with net profit attributable to shareholders at 1.712 billion yuan. The fluctuation in profit is primarily due to exchange rates: the current period recorded an FX loss of 439 million yuan, compared to an FX gain of 236 million yuan in the same period last year. After excluding this impact, total profit actually grew by 9.63%. Cost control remains robust, with revenue growth far outpacing cost growth; construction in progress remains high at 8.3 billion yuan, and R&D expenses increased by 19.6%, as the company actively expands capacity and focuses on high value-added products

- Fuyao Glass reported a 5.08% increase in revenue to 10.413 billion yuan in Q1 2026, while net profit fell 15.68% to 1.712 billion yuan, primarily due to a foreign exchange loss of 439 million yuan.  
- Excluding this FX loss, total profit actually grew by 9.63%, indicating stable core business momentum driven by strong global automotive glass demand.  
- The company is investing significantly in R&D and capacity expansion, with Q1 R&D expenses rising 19.6% to 506 million yuan, reflecting its commitment to enhancing competitiveness in high-value products.

Wallstreetcn

Fuyao Glass Q1 Revenue Up 5% Year-Over-Year; Underlying Profit Excluding FX Gains/Losses Rises Nearly 10% | Financial Report Insights

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Morgan Stanley released a report on the Chinese market, selecting 26 Chinese stocks with strong competitive advantages as the "best business models," including Tencent, Alibaba, and FUYAO GLASS, with most investment ratings being "overweight."

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Morgan Stanley selects a list of 26 Chinese "best business model" stocks (table)

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UBS released a report, based on fundamental analysis, listing the most popular Chinese stock simulation portfolio, all rated as "Buy." Recommended stocks include JD.com, Baidu, CATL, FUYAO GLASS, Huatai Securities, Zijin Mining, NAURA, TENCENT, YTCO, GDS Holdings, Shengyi Technology, and DEC.LTD, with target prices of HKD 187, HKD 175, RMB 500, HKD 93, RMB 30.49, HKD 63.5, RMB 570, HKD 780, RMB 40, USD 62, RMB 85, and HKD 68, respectively

FUYAO GLASS(03606.HK)