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Last $1.08 USD
Change Today +0.0935 / 9.48%
Volume 7.7K
FFHL On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

fuwei films holdings co ltd (FFHL) Snapshot

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52 Week High
08/15/14 - $1.39
52 Week Low
01/29/15 - $0.50
Market Cap
Average Volume 10 Days
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fuwei films holdings co ltd (FFHL) Details

Fuwei Films (Holdings) Co., Ltd., together with its subsidiaries, produces and distributes plastic films using the biaxially-oriented stretch technique in the People’s Republic of China. Its products include printing base films used in printing and lamination; stamping foil base films and transfer base films used for the packaging of luxury items, such as cigarettes and alcohol; metallized films or aluminum plating base films used for vacuum aluminum plating for flexible plastic lamination; high-gloss films used for aesthetically enhanced packaging purposes; and heat-sealable films used for construction, printing, and making heat sealable bags. The company also offers laser holographic base films used as anti-counterfeit film for food, medicine, cosmetics, cigarettes, and alcohol packaging; dry films used in circuit boards, and for nameplate and crafts etching; heat shrinkable films used for special-shaped packaging for beverage and cosmetics; and chemically treated films used to enhance properties, including barrier resistance, printing properties, and electrostatic resistance. It markets and sells its products under Fuwei Films brand name for packaging, imaging, electronics, electrical, and magnetic products, as well as exports its products to end-users and distributors primarily in Europe, Asia, and North America. The company was formerly known as Neo-Luck Plastic Holdings Co., Ltd. and changed its name to Fuwei Films (Holdings) Co., Ltd. in April 2005. The company was founded in 2003 and is headquartered in Weifang, the People’s Republic of China. Fuwei Films (Holdings) Co., Ltd. is a subsidiary of Weifang State-owned Assets Operation Administration Company.

261 Employees
Last Reported Date: 04/9/15
Founded in 2003

fuwei films holdings co ltd (FFHL) Top Compensated Officers

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fuwei films holdings co ltd (FFHL) Key Developments

Fuwei Films Regains Compliance with NASDAQ Minimum Bid Price Rule

Fuwei Films (Holdings) Co., Ltd. announced that the Company received a letter from the Nasdaq Stock Market (Nasdaq) on July 23, 2015 notifying the Company that it has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on the NASDAQ Capital Market, pursuant to the NASDAQ Listing Rule 5550(a)(2) (the Bid Price Rule). As previously reported, on December 8, 2014, NASDAQ notified the Company that its ordinary shares failed to maintain a minimum bid price of $1.00 over the previous thirty consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Additionally, on June 9, 2015, Nasdaq notified the Company that while the Company had not regained compliance with the Bid Price Rule, it was eligible for an additional 180-day grace period, until December 7, 2015, to regain compliance with the Bid Price Rule. Since then, NASDAQ has determined that for the last ten consecutive business days, from July 9, to July 22, 2015, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with the Bid Price Rule and this matter is now closed.

Fuwei Films (Holdings) Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter of 2015 Ended March 31, 2015

Fuwei Films (Holdings) Co., Ltd. announced unaudited consolidated earnings results for the first quarter of 2015 ended March 31, 2015. For the quarter, the company reported net sales were RMB 52.78 million against RMB 70.7 million a year ago. Net sales for the first quarter of 2015, a decrease of RMB 17.9 million or 25.3%, mainly due to the reduction of average sales price and sales volume arising from stronger competition in China and a reduction in the prices of raw materials. The decrease of output caused by the repair of the production lines from February 2015 to March 2015 also contributed to the reduction of sales volume. Operating loss was RMB 16.634 million against RMB 10.482 million a year ago. Loss before provision for income taxes was RMB 13.96 million against RMB 13.36 million a year ago. Net loss attributable to the company was RMB 14.997 million against RMB 13.259 million a year ago. Basic and diluted loss per share was RMB 1.15 against RMB 1.02 a year ago. Net cash used in operating activities was RMB 7.67 million against RMB 2.49 million a year ago. This increase in net cash flows used in operating activities was primarily attributable to the increase of loss.

Fuwei Films (Holdings) Co., Ltd. to Report Q1, 2015 Results on May 21, 2015

Fuwei Films (Holdings) Co., Ltd. announced that they will report Q1, 2015 results at 5:00 PM, China Standard Time on May 21, 2015


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