SONAVOX(SH:688533) Xin Lang Cai Jing·2025-08-27 02:13Core Viewpoint - The company, Suzhou Aosheng Electronics Co., Ltd., has shown a mixed performance in terms of financing and stockholder dynamics, with a notable increase in revenue but a significant decline in net profit [1][2]. Financing Summary - On August 26, Aosheng Electronics had a financing buy-in amount of 11.51 million yuan, with a net financing buy of 3.26 million yuan, resulting in a total financing and securities balance of 102 million yuan [1]. - The current financing balance of 102 million yuan accounts for 2.14% of the circulating market value, which is below the 50th percentile level over the past year, indicating a low financing level [1]. - There were no shares sold or repaid in the securities lending market on August 26, with a securities lending balance of 0, which is above the 70th percentile level over the past year, indicating a high level of securities lending [1]. Company Performance Summary - As of March 31, the number of shareholders increased by 4.22% to 7,071, while the average circulating shares per person decreased by 4.04% to 23,030 shares [2]. - For the first quarter of 2025, Aosheng Electronics reported a revenue of 636 million yuan, reflecting a year-on-year growth of 6.4%, but the net profit attributable to shareholders decreased by 53.27% to 27.33 million yuan [2]. - Since its A-share listing, the company has distributed a total of 171 million yuan in dividends, with 152 million yuan distributed over the past three years [2]. Shareholder Dynamics Summary - As of March 31, 2025, the sixth largest circulating shareholder is E Fund New Silk Road Mixed Fund, holding 767,200 shares as a new shareholder [2]. - The seventh largest circulating shareholder, Southern Science and Technology Innovation Board 3-Year Open Mixed Fund, reduced its holdings by 485,100 shares to 762,500 shares [2]. - Several funds, including China Europe Value Discovery Mixed A and China Europe Potential Value Flexible Allocation Mixed A, have exited the top ten circulating shareholders list [2].