Shanghai Feilo Acoustics Co. Ltd. Stock Activity and Mid‑Year Performance Report

Market Performance

On September 18, 2025, Shanghai Feilo Acoustics Co. Ltd. (600651.SH) recorded a significant trading episode. The stock closed at 8.91 CNH, matching its 52‑week high and reflecting a cumulative 20 % deviation in closing‑price growth over the three consecutive days of September 16–18. The cumulative rise over the five‑day period was 39.20 %, with a total turnover rate of 19.06 % and a market capitalization of approximately 246 billion CNH. The 8.53 % daily price swing and a 6.05 % turnover on September 18 indicate elevated volatility that the company flagged as potentially symptomatic of non‑fundamental trading.

The company’s price‑to‑earnings ratio reached 463.5 on September 17, markedly higher than the 24.51 average for its sector (electrical machinery and equipment manufacturing). The board issued a warning to investors about the high valuation and the risk of irrational speculation, urging cautious assessment of the underlying fundamentals.

2025 Mid‑Year Financial Results

During the 2025 half‑year earnings presentation held on September 18, Shanghai Feilo Acoustics reported:

• Revenue: 8.92 billion CNH, representing a 1.29 % year‑on‑year decline.
• Net profit attributable to shareholders: 2.30 million CNH, a 61.07 % increase from the previous year’s comparable period.
• Basic earnings per share: 0.0090 CNH.
• Return on average net assets: 0.93 %.

The results were released in the company’s 2025 interim report and confirmed by multiple news outlets, including the Shanghai Stock Exchange and financial media.

Corporate Position and Strategic Focus

The company, founded in 1984 and listed on the Shanghai Stock Exchange, is primarily engaged in the manufacturing of lighting appliances, lamps, electric light sources, and related equipment. It also develops computer network technologies and software solutions. In the recent earnings conference, management reiterated that there are no plans to enter the photolithography equipment sector and that the firm is not pursuing major asset restructurings or capital injections at this time.

Shanghai Feilo Acoustics continues to pursue its core business of smart hardware, integrated solutions, and inspection & testing services, positioning itself as a leading provider of intelligent hardware and industrial smart‑solution offerings.

Regulatory and Investor Communication

The company’s disclosure on September 18 highlighted the abnormal price movement and clarified that no material events or significant changes in the operating environment had occurred. The board confirmed that senior executives, the controlling shareholder, and other major shareholders did not engage in trading during the abnormal period. This statement was corroborated by the company’s self‑inspection and correspondence with the controlling shareholder.

The company’s announcements were made through official channels such as the Shanghai Stock Exchange, and the full text of the 2025 half‑year earnings briefing is available in the publicly released PDF.

Summary

Shanghai Feilo Acoustics Co. Ltd. experienced a pronounced short‑term trading surge in mid‑September 2025, accompanied by a high price‑to‑earnings ratio and significant turnover. Despite the volatility, the company reported a modest revenue decline offset by a sharp rise in net profit and reaffirmed its strategic focus on smart hardware and industrial solutions, with no move into photolithography or major restructuring plans. Investors are advised to consider the elevated valuation and short‑term price dynamics when forming investment decisions.