China Bester (SH:603220) Xin Lang Cai Jing·2025-09-15 03:29Core Viewpoint - Zhongbei Communication's stock price has shown a slight increase this year, but recent financial results indicate a significant drop in net profit, raising concerns about its future performance [1][2]. Company Overview - Zhongbei Communication Group Co., Ltd. is located in Wuhan, Hubei Province, and was established on December 29, 1999. It was listed on November 15, 2018. The company specializes in communication network technology services, focusing on network construction, system integration, optimization, maintenance, and planning [1]. - The company's main business revenue composition is as follows: 5G new infrastructure 46.76%, smart city and others 33.58%, intelligent computing business 18.76%, and others 0.90% [1]. Financial Performance - For the first half of 2025, Zhongbei Communication achieved operating revenue of 1.584 billion yuan, a year-on-year increase of 4.77%. However, the net profit attributable to shareholders decreased by 51.94% to 50.6429 million yuan [2]. - Since its A-share listing, Zhongbei Communication has distributed a total of 324 million yuan in dividends, with 145 million yuan distributed in the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Zhongbei Communication was 76,000, a decrease of 3.95% from the previous period. The average circulating shares per person increased by 4.12% to 5,715 shares [2]. - Among the top ten circulating shareholders, the Southern CSI 1000 ETF (512100) ranked as the eighth largest, increasing its holdings by 918,400 shares to 3.1938 million shares. Conversely, Hong Kong Central Clearing Limited, ranked tenth, reduced its holdings by 973,000 shares to 2.0497 million shares [3].