三年不装资产、不派驻核心高管，这一安排向市场与监管层清晰释放出无锡国资无意借壳炒作的信号，也意味着法兰泰克后续股价表现，将更多依赖内生增长。或受此影响，博弈重组资金迅速撤离，3月3日，法兰泰克股价高开低走，早盘一度冲高逾9%，最终收跌5.58%，全天振幅达16.13%。
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The company’s gross margin has consistently been below the industry average, dropping to 23% in 2024 and then recovering to 24.7% in the first three quarters of 2025—still far below the 28%–32% level of leading players. Raw material costs accounted for as much as 87.5%, and rapid expense growth further squeezed profit margins. Overall, the company’s scale advantage stands out, but its earnings are not sufficiently stable. Growth remains primarily driven by store count, and operating efficiency urgently needs improvement.
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