SMEIC(SH:600835) Zheng Quan Shi Bao Wang·2025-08-22 15:53Core Viewpoint - Shanghai Mechanical and Electrical announced a mid-term distribution plan, proposing a 10-for-1 stock split and a cash dividend of 2 yuan (before tax), becoming the first company in the Shanghai market to disclose a stock split plan [2]. Financial Performance - The company reported a revenue of 9.438 billion yuan for the first half of the year, a year-on-year decrease of 6.41% - Net profit was 491 million yuan, down 6.67% year-on-year, with basic earnings per share at 0.48 yuan and a weighted average return on equity of 3.52% [2]. Market Activity - The stock saw a net inflow of 20.21 million yuan from main funds today, while the net outflow over the past five days was 161 million yuan - The latest margin trading balance for the stock is 832 million yuan, with an increase of 57.15 million yuan over the past five days, representing a growth of 7.38% [2]. Distribution Plan Overview - As of the report, 263 companies have announced their distribution plans for the first half of the year, with 6 including stock splits - On the day of the announcement, 3 of the companies with stock split plans saw their stock prices rise, with notable increases in stocks like Songyuan Safety and Ruoyu Chen, which had five-day cumulative gains of 24.09% and 14.68% respectively [2].