Fulin Precision: Fire Breaks Out at Subsidiary, No Casualties, Blaze Extinguished

36Kr learned from a Fulin Precision announcement that a fire broke out on Nov. 1, 2026, at the heat-transfer oil pipe gallery on the east side of the No. 2 grinding workshop at a project under construction by Inner Mongolia Fulin Times New Materials Co., Ltd., a wholly owned subsidiary of Jiangxi Shenghua New Materials Co., Ltd., which is a controlling subsidiary of the company. Preliminary investigation indicates the fire was ignited by a leak of heat-transfer oil, and the specific cause is still under further investigation. The incident did not damage any equipment; the damage is concentrated on the heat-transfer oil pipe gallery and the corresponding exterior wall, and the direct economic loss is being assessed. The fire, caused by a heat-transfer oil leak at a project under construction, resulted in no casualties and posed no explosion or chain-reaction risk, and the blaze has been extinguished. The project is still in the engineering construction and commissioning stage and has not entered formal production. The damaged section is a standalone outdoor pipe gallery and does not affect core equipment on the main production line. The company has formulated a dedicated repair plan and states that the incident will not have a material adverse impact on its project construction or capacity planning.