FRKJ: The company's stock may face the risk of a decline after a significant short-term increase

FRKJ announced that its stock has hit the upper limit for three consecutive trading days, with a significant recent increase, which may pose a short-term decline risk. The company's main business and operating environment have not undergone significant changes, with major products including aluminum structural components for consumer electronics, new energy, and automotive aluminum profiles. The company's products do not have AI functionality, and some materials are used for MR and VR glasses, but their contribution to revenue is limited

A-share AI smartphone concept stocks experienced a surge, with DAOMING hitting the limit up, Siquan New Materials rising over 10%, and Avary Holding, FRKJ, and GCPC following suit

FRKJ: Xing Shu Investment plans to transfer all of its shares in the company to Shu Zhou Xing Ye free of charge

FRKJ announced that Chengdu Xing Shu Investment intends to transfer all of its 82,096,900 shares to Shu Zhou Xing Ye without compensation. After the completion, Shu Zhou Xing Ye will hold 8.23% of the company's shares. This equity change is an internal non-compensatory transfer of state-owned assets and will not result in a change of the controlling shareholder or actual controller

FRKJ: Fujian Provincial State-owned Enterprise Reform and Restructuring Investment Fund and some directors and senior executives plan to reduce their holdings in the company

FRKJ announced that the Fujian Provincial State-owned Enterprise Reform and Restructuring Investment Fund plans to reduce its holdings of the company's shares by no more than 9.9749 million shares (1%) and 19.9498 million shares (2%) within the next three months. In addition, some directors and executives plan to reduce their holdings by no more than 1.4028 million shares (0.1406%) due to personal financial reasons

FRKJ: Xiao Xuedong reduced his holdings by 389,000 shares

FRKJ announced that the company's Chief Financial Officer, Xiao Xuedong, reduced his holdings by 389,000 shares through centralized bidding from June 24 to September 9, 2025, accounting for 0.0390% of the company's total share capital; Director and General Manager Hu Junqiang reduced his holdings by 130,000 shares on September 9, accounting for 0.0130%; Executive Vice President He Yi reduced his holdings by 200,000 shares from September 8 to September 9, accounting for 0.0201%. The time frame for the reduction plans previously disclosed by the three executives has now expired