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Philiwise (300287.SZ): Change in Controlling Shareholder and Concert Party
Gelonghui, May 12th ┃ Feilixin (300287.SZ) announced that shareholders Mr. Yang Zhenhua and Mr. Cao Xinjun have been controlling shareholders and parties acting in concert since the company's listing. The parties had agreed to maintain a unified stance on major issues related to the company. As of the date of this announcement, shareholders Mr. Yang Zhenhua and Mr. Cao Xinjun have fully complied with the agreement and commitments regarding the matters of acting in concert, without any breach of the original concert action agreement. On May 12, 2026, one of the original controlling shareholders and parties acting in concert, Mr. Cao Xinjun, due to health reasons, reached an agreement with controlling shareholder Mr. Yang Zhenhua.
Feilixin: Correction Announcement Regarding the First Quarter Report for 2026
Feilixin: First Quarter Report for 2026 (Revised)
Feilixin: First Quarter Report for 2026
Feilixin reported a non-GAAP net loss of 1.61 billion yuan in 2025, with the loss narrowing by 60 million yuan and the proportion of intelligent revenue increasing to 76.67%.
In 2025, the company's revenue decreased by 40.52% year-on-year to 348 million yuan, while the net loss attributable to shareholders and the non-recurring net loss narrowed by over 24%, with the most significant improvement seen in non-recurring net profit; the revenue structure continued to concentrate on Internet of Things and intelligentization (51.68%) and data software services (24.99%), with nearly half of the revenue coming from the North China region; R&D and sales expenses dropped significantly, but operating cash flow deteriorated, gross margin slightly declined, and compounded by multiple legal disputes and governance adjustments, profitability recovery remains under pressure.
Feilixin: 2025 Annual Report