Lion(SH:605358) Xin Lang Cai Jing·2025-09-09 05:43Core Viewpoint - The stock of Lian Microelectronics has experienced fluctuations, with a recent decline in share price and significant net outflow of funds, indicating potential investor concerns about the company's performance and market position [1][2]. Company Overview - Lian Microelectronics, established on March 19, 2002, and listed on September 11, 2020, is located in Hangzhou Economic and Technological Development Zone, specializing in semiconductor silicon wafers, power devices, and compound semiconductor RF chips [2]. - The company's revenue composition includes 61.62% from semiconductor silicon wafers, 27.89% from power device chips, 9.55% from compound semiconductor RF chips, and 0.93% from other sources [2]. Stock Performance - Year-to-date, Lian Microelectronics' stock price has increased by 0.89%, with a recent decline of 3.06% over the last five trading days and a 0.75% decrease over the last 20 days. However, there has been an 11.17% increase over the last 60 days [2]. - As of September 9, the stock price was reported at 24.99 CNY per share, with a total market capitalization of 16.77 billion CNY [1]. Fund Flow - On September 9, the company experienced a net outflow of 15.61 million CNY in principal funds, with large orders accounting for 19.21% of purchases and 21.39% of sales [1]. Financial Performance - For the first half of 2025, Lian Microelectronics reported a revenue of 1.666 billion CNY, reflecting a year-on-year growth of 14.18%. However, the net profit attributable to shareholders was a loss of 127 million CNY, a significant decrease of 90% compared to the previous year [2]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 2.70% to 75,300, with an average of 8,911 circulating shares per shareholder, a decrease of 2.63% [2]. - The company has distributed a total of 637 million CNY in dividends since its A-share listing, with 342 million CNY distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 8.4344 million shares, an increase of 279,200 shares from the previous period. Southern CSI 500 ETF ranked ninth, holding 7.9461 million shares, an increase of 1.1353 million shares [3].