Fuheng New Materials: Net profit loss of 95.20 million yuan in 2025.

Fuheng New Materials released its performance report, with an annual operating income of 407 million yuan in 2025, a year-on-year decrease of 50.29%. The net loss was 95.2074 million yuan, while the net profit in the same period last year was 35.9967 million yuan. In 2025, due to industry competition and downstream demand, the main business performance was poor, with a decrease in order scale and the impact of product price cuts, resulting in a year-on-year decline in company revenue.