Fangyuan Shares: Shareholder Pingfang Billion Li's reduction period has expired without reducing holdings

NightAirdropper · 2026-03-20T15:38:50+00:00

Fangyuan Co., Ltd. announced that shareholders did not reduce 5,100,000 shares as planned. The reasons for the reduction involve personal needs and market conditions. The company's main business is lithium battery materials, with revenue of 2.935 billion yuan in 2022, but it dropped to 2.102 billion yuan in 2023, with a significant net profit loss. Risk information indicates that the company faces relatively high risks.

NightAirdropper

2026-03-20 15:38:50

Abstract generation in progress

Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui

On March 19, Guangdong Fangyuan New Materials Group Co., Ltd. (Stock abbreviation: Fangyuan Co., Ltd.) announced that the share reduction plan of shareholder Jiangmen Pingfang Yili Investment Consulting Partnership (Limited Partnership) has expired. During the period from December 20, 2025, to March 19, 2026, the shareholder did not reduce any shares. The original plan was to reduce no more than 5,100,000 shares, accounting for 1% of the company’s total equity.

The reason for this reduction plan was based on the shareholder’s own needs, market conditions, and the company’s stock price. Notably, the entities executing the reduction are the company’s controlling shareholder and actual controllers, Luo Aiping and Wu Fang, along with their concerted parties.

According to Tianyancha, Fangyuan Co., Ltd. was established on June 7, 2002, with a registered capital of 510.173 million RMB. The legal representative is Luo Aiping, and the registered address is No. 75 Wanheng Road, Gujing Town, Xinhui District, Jiangmen City (multiple licenses for one site). The main business involves research, development, production, and sales of lithium battery cathode precursor materials, lithium salts, sulfates, nickel battery cathode materials, high-purity electronic chemicals, and other products.

Currently, the company’s chairman is Luo Aiping, the secretary is Tang Xiulei, with 953 employees. The actual controllers are Luo Aiping and Wu Fang.

The company has stakes in 8 subsidiaries, including Jiangmen Fangyuan Metal Materials Technology Co., Ltd., Jiangmen Fangyuan Recycling Technology Co., Ltd., Jiangmen Fangyuan Lithium Industry Technology Co., Ltd., Jiangmen Fangyuan Lithium Energy Technology Co., Ltd., and Jiangmen Fangyuan New Energy Materials Co., Ltd.

In terms of performance, the company’s revenue for 2022, 2023, and 2024 was 2.935 billion yuan, 2.102 billion yuan, and 2.161 billion yuan, respectively, with year-over-year growth of 41.83%, -28.37%, and 2.81%. Net profit attributable to the parent was 4.7866 million yuan, -455 million yuan, and -427 million yuan, with year-over-year changes of -92.83%, -8921.09%, and 6.28%. During the same period, the company’s asset-liability ratio was 63.94%, 65.90%, and 81.66%.

Regarding risks, Tianyancha data shows the company has 40 internal Tianyan risks, 837 surrounding risks, 16 historical risks, and 202 early warning risks.

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