On November 17, during the call auction phase, Furi Stock achieved its eighth consecutive daily limit-up. The stock price soared to a fresh peak of RMB 12.72 per share, propelling the company's total market capitalization beyond RMB 12 billion. Over the past month, the stock has witnessed a cumulative increase of 106.43%. According to a staff member handling calls at the Secretary to the Board of Directors Office, this remarkable stock price surge is attributed to the significant price hike of the electrolyte additive VC (vinylene carbonate), which has skyrocketed from RMB 45,000 per ton at its lowest point to over RMB 100,000 per ton, marking a staggering 150% increase. The staff emphasized that this price jump is not related to the company's name. On the 16th, the company issued an announcement regarding abnormal stock price fluctuations, cautioning investors about potential irrational speculation, substantial trading risks, and short-term downside risks. In the first three quarters of 2025, the company recorded revenue of RMB 3.841 billion and a net profit of RMB 296 million, representing year-on-year decreases of 4.45% and 12.05%, respectively. Furthermore, its subsidiary, Furi New Energy, reported a net profit loss of approximately RMB 30.32 million.
