HSTD(SH:600054) Xin Lang Cai Jing·2025-09-17 02:23Core Viewpoint - Huangshan Tourism's stock price has experienced fluctuations, with a recent decline of 2.07% and a year-to-date increase of 10.44%, indicating mixed market sentiment towards the company [1][2]. Financial Performance - For the first half of 2025, Huangshan Tourism reported a revenue of 940 million yuan, representing a year-on-year growth of 12.70%, while the net profit attributable to shareholders decreased by 3.87% to 127 million yuan [2]. - Cumulatively, the company has distributed 1.407 billion yuan in dividends since its A-share listing, with 278 million yuan distributed over the past three years [3]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders increased by 7.49% to 56,300, with an average of 0 circulating shares per shareholder [2]. - The stock's trading activity showed a net outflow of 6.6121 million yuan from major funds, with significant selling pressure observed [1]. Business Segments - Huangshan Tourism's main business segments include cable car services (33.36% of revenue), tourism services (21.90%), hotel operations (19.59%), scenic area operations (12.91%), and Huizhou cuisine (12.23%) [1]. Institutional Holdings - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 10.9766 million shares, an increase of 2.452 million shares from the previous period [3]. - Other notable institutional shareholders include the Fortune China Tourism Theme ETF and Guofu Small and Medium Cap Stock A, with varying changes in their holdings [3].