美畅股份跌2.02%，成交额8072.45万元，主力资金净流出185.30万元

Core Viewpoint - Meichang Co., Ltd. has experienced a decline in stock price and financial performance, with significant drops in revenue and net profit in the first half of 2025, indicating potential challenges ahead for the company [1][2]. Financial Performance - As of June 30, 2025, Meichang Co., Ltd. reported a revenue of 1.008 billion yuan, a year-on-year decrease of 32.11% [2]. - The net profit attributable to shareholders was 84.66 million yuan, reflecting a significant year-on-year decline of 69.30% [2]. - The company's stock price has increased by 22.11% year-to-date, but it has seen a decline of 9.64% over the past five trading days [1]. Shareholder Information - The number of shareholders decreased by 7.38% to 19,500 as of June 30, 2025, while the average number of circulating shares per person increased by 34.52% to 15,436 shares [2]. - The company has distributed a total of 1.224 billion yuan in dividends since its A-share listing, with 624 million yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder, holding 6.2079 million shares, an increase of 2.1079 million shares from the previous period [3]. - The top ten circulating shareholders have seen changes, with some funds exiting the list while others have increased their holdings [3].