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09.06.26 - 10:45
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FUYAO GLASS Completes Issuance of RMB500M Medium-Term Notes (AAStocks)
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FUYAO GLASS (03606.HK) announced that on June 3 it publicly issued its 2026 second tranche of medium-term notes in the interbank market, with a total issuance size of RMB500 million. The notes have a term of three years and carry an interest rate of 1.7%. Proceeds raised will mainly be used to repay the company's debt financing ......
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22.05.26 - 09:00
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Inside Fuyao Glass, the Chinese auto-part supplier whose head earned a seat by Elon Musk (SCMP)
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Inside Fuyao Glass Industry Group's sprawling new plant in eastern China's Anhui province, ranks of bright orange robotic arms and a fleet of automated carriers transport heavy, fragile panes of automotive glass through a production process that the company claims is 90 per cent automated.
The smart factory represents the technological blueprint for the Chinese manufacturing giant, which shot to fame as the subject of the 2019 Oscar-winning documentary American Factory. The company made waves......
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23.04.26 - 09:45
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Research: G Sachs Sets TP at HKD73 on Fuyao Glass , Maintains Buy (AAStocks)
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G Sachs published a research report stating that Fuyao Glass (03606.HK) recorded revenue growth of 5% YoY in 1Q26, mainly affected by a 5.2% YoY decline in global automobile production. However, Fuyao's shipment volume fell by only 3.7%, indicating continued market share gains. Management expects that under geopolitical tensions......
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21.04.26 - 16:15
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Results: Fuyao Glass 1Q Net Profit RMB1.712B, Down 15.7% (AAStocks)
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Fuyao Glass (03606.HK) announced its first-quarter results prepared under China Accounting Standards. Revenue amounted to RMB10.413 billion, up 5.1% YoY. Total profit was RMB2.028 billion, down 18.4%, mainly affected by foreign exchange gains and losses, with foreign exchange losses of approximately RMB439 million recorded durin......
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09.02.26 - 10:45
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Research: JPM Downgrades FUYAO GLASS to Neutral; MINTH GROUP Remains Top Pick (AAStocks)
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Chinese auto part manufacturers may face a challenging market environment in the coming year, primarily due to multiple pressures such as slowing growth in domestic automobile and EV production, RMB appreciation, and rising commodity prices, JP Morgan wrote in a research report.The broker downgraded FUYAO GLASS (03606.HK) to Neu......
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17.10.25 - 10:01
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Fuyao Glass Founder Passes the Baton to Son (Caixin)
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Cao Dewang, the 79-year-old founder of Fuyao Glass Industry Group Co. Ltd., has stepped down as chairman after nearly four decades at the helm, handing over leadership of the world's largest automotive glass manufacturer to his son.
... Read more...
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16.10.25 - 12:00
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Results: FUYAO GLASS 1-3Q25 NP Rises 28.93% YoY (AAStocks)
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FUYAO GLASS (03606.HK) has released its results for 1-3Q ended September 2025 prepared pursuant to the PRC Accounting Standards.The company's turnover grew by 17.62% YoY to RMB33.3 billion, while its net profit increased by 28.93% YoY to around RMB7.064 billion, with EPS at RMB2.71.~AAStocks Financial NewsWeb Site: www.aasto......
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03.10.25 - 05:00
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Research: HSBC Research Raises FUYAO GLASS TP to $91.2, Keeps Rating at Buy (AAStocks)
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FUYAO GLASS (03606.HK)(600660.SH) delivered solid 2Q25 results, with its stock price outperforming the market, HSBC Global Research issued a research report saying. The broker believed that the Company still has further upside potential as the market may still underestimate the Company's sustainability in profit recovery and......
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04.09.25 - 05:45
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Research: M Stanley Lifts FUYAO GLASS TP to $59, Raises Rev./ NP Forecasts (AAStocks)
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Morgan Stanley released a research report raising its 2025-2027 revenue forecasts for FUYAO GLASS (03606.HK) by 0.4%/ 2%/ 3% each, reflecting the Group's higher market share overseas and higher average selling prices in the domestic market.Meanwhile, the broker lifted its 2025/ 2026 gross margin forecasts by 1.4/ 0.2 ppts re......
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