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World Cup is coming. They are manufacturers for many of the world cup jersey sponsor.
https://en.wikipedia.org/wiki/2026_FIFA_World_Cup
Fuxing Accelerates Direct-to-Brand Strategy with an Expanding Portfolio of International and Domestic Brand Owners
- Growing roster of global and domestic brands underscores increasing customer trust and confidence, which validates Fuxing&rsquo s direct-to-brand sales strategy.
- The new brands span sportswear, lifestyle, workwear, performance apparel and outdoor segments, enhancing revenue diversification and margin resilience.
- Direct engagement with brand owners is expected to drive higher value-added opportunities and support long-term sustainable growth.
Insider purchases is a good sign...NAV is S$5.40 per share...but share price is S$1.
Market cap is S$21million, cash at bank is S$35 million.
Dividend policy is 15% of profit for next 3 years...hmm, VALUE waiting to be unlock?
Market cap is S$21million, cash at bank is S$35 million.
Dividend policy is 15% of profit for next 3 years...hmm, VALUE waiting to be unlock?
Fuxing has announced that its CEO, Mr. Hong Shao Lin, has increased his deemed interest in the Company through a series of market transactions.
&bull Acquired a total of 77,000 shares across multiple transactions on 4&ndash 5 May 2026
&bull Total consideration of approximately S$81,085 paid for the acquisitions
&bull Deemed shareholding increased to 87,000 shares, representing 0.43% of the Company&rsquo s issued share capital
These purchases were conducted via open market transactions, reflecting continued alignment of management with shareholder interests and reinforcing confidence in the Group&rsquo s long-term prospects.
This picture in page 1 of the annual report says a thousand words.
https://links.sgx.com/1.0.0/corporate-announcements/MYWNPDICX99A246R/cf66cc4678b388d588cb06deb67e091e7bad3d09fd56ade61ef97b009a40eda8
Its time tor reward your shareholders.
https://links.sgx.com/1.0.0/corporate-announcements/VG2HCQYLMED95CKM/dd0091e6b7235af640bcac7388b15108d311969f59e2bd5782b768da9792b16a
Fuxing Announces Dividend Policy Targetting a Minimum 15% Annual Dividend Payout for Next Three Financial Years
Fuxing China Group Limited has announced the adoption of a formal dividend policy, reinforcing its commitment to delivering sustainable shareholder returns and disciplined capital management. Under the policy, the Group is targeting a minimum annual dividend payout of 15% of profit attributable to equity holders for the next three financial years (FY2026&ndash FY2028).
The Group continues to demonstrate financial strength, supported by:
&bull Positive operating cash flow of RMB76.2 million
&bull Cash and cash balances of RMB191.9 million
&bull Net asset value per share of RMB29.60 (approximately S$5.40)
This dividend policy marks a key milestone in strengthening the Group&rsquo s capital allocation framework, balancing growth ambitions with consistent and sustainable returns to shareholders.
See more details here: https://www.3fzipper-ir.com/view& id=1184
Fuxing China Group Limited has announced the adoption of a formal dividend policy, reinforcing its commitment to delivering sustainable shareholder returns and disciplined capital management. Under the policy, the Group is targeting a minimum annual dividend payout of 15% of profit attributable to equity holders for the next three financial years (FY2026&ndash FY2028).
The Group continues to demonstrate financial strength, supported by:
This dividend policy marks a key milestone in strengthening the Group&rsquo s capital allocation framework, balancing growth ambitions with consistent and sustainable returns to shareholders.
See link for full media release: https://lnkd.in/g9iji_59
The Group continues to demonstrate financial strength, supported by:
- Positive operating cash flow of RMB76.2 million
- Cash and cash balances of RMB191.9 million
- Net asset value per share of RMB29.60 (approximately S$5.40)
This dividend policy marks a key milestone in strengthening the Group&rsquo s capital allocation framework, balancing growth ambitions with consistent and sustainable returns to shareholders.
See link for full media release: https://lnkd.in/g9iji_59
The company has a huge diversified of customers as per KGI report. " Fuxing services over 1,600 customers across apparel, footwear, luggage, and camping gear, with no material customer concentration. Prominent clients include PEAK, ERKE, and SEPTWOLVES. Product offerings cover nylon, plastic, and metal zippers with substantial customization capacity, enabled by its proprietary &ldquo 3F&rdquo brand platform and extensive in-house processing."
https://www.kgieworld.sg/research/company-report-fuxing-china-group-ltd-fuxc-sp-awk-si/
Positive Profit guidance was announced since it has the gain from sale of selling Jinjiang Jianxin Weaving. Apparently, it was sole for RMB 8.8m.
https://www.theedgesingapore.com/news/company-news/fuxing-china-dispose-wholly-owned-subsidiary-rmb88-mil
As a major zipper supplier to giants like Anta and Li-Ning, Fuxing is benefiting from the robust recovery in China&rsquo s domestic sportswear and retail sectors, which continue to show strong consumer demand in early 2026.
https://kr-asia.com/anta-holds-china-lead-over-nike-but-global-ambitions-leave-investors-wary
SGX:AWK (Fuxing China) &ndash The " Hidden Giant" of Zippers
The Story: If you own a bag or jacket from Anta, LiNing, or Samsonite, you&rsquo re likely using a Fuxing China product. As one of China&rsquo s leading zipper manufacturers (the " 3F" brand), AWK has been a " forgotten" stock that is suddenly waking up.
Why the fundamental shift?
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The 3F Brand Power: They aren' t just a generic factory. They are a core supplier to Tier-1 Chinese sports brands. As the " China Chic" (Guochao) trend continues to dominate the mainland market, Fuxing sits at the heart of the supply chain.
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Fresh Capital: In November 2025, the company successfully completed a share placement, raising over S$1.2M. This provides the necessary " dry powder" to modernize its production lines and strengthen its balance sheet.
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Deep Value Floor: With a Price-to-Book (P/B) ratio of ~0.13, you are essentially buying the company&rsquo s assets (factories, machinery, and inventory) for less than 10 cents on the dollar.
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Technical Breakout: Recent " Strong Buy" ratings from technical indicators suggest the stock has broken out of a multi-year consolidation phase, turning a value trap into a momentum play.
The Fundamental Theory
The theory here is a Mean Reversion Play. Fuxing China has been punished by the market due to the general " China discount" and low liquidity. However, fundamentally, it is a profitable-adjacent business with a solid customer base. As the company uses its new capital to pivot toward high-margin specialized zippers (for medical and outdoor gear), the valuation should naturally revert toward the industry median of 0.8x P/S.
Bottom Line: At 0.1x P/S and trading far below book value, you aren' t just buying a zipper company you&rsquo re buying an industrial turnaround at a clearance price.
https://simplywall.st/stocks/sg/consumer-durables/sgx-awk/fuxing-china-group-shares/news/fuxing-china-group-limited-sgxawk-held-back-by-insufficient
In my view, this move is a significant positive indicator that will likely drive operational cost savings. Furthermore, pursuing a secondary listing signals strong management confidence it suggests that the company&rsquo s fundamentals are robust enough to meet the scrutiny of an additional exchange and attract a broader investor base.
https://sg.finance.yahoo.com/news/fuxing-china-group-withdraw-secondary-013534906.html