Novoray(SH:688300) Xin Lang Cai Jing·2025-09-18 02:31Core Viewpoint - Lianrui New Materials has shown a positive stock performance with a year-to-date increase of 13.11% and a recent market capitalization of 13.426 billion yuan, indicating strong investor interest and potential growth in the inorganic filler and particle carrier industry [1][2]. Company Overview - Lianrui New Materials, established on April 28, 2002, and listed on November 15, 2019, is located in Lianyungang, Jiangsu Province. The company specializes in the research, manufacturing, and sales of inorganic fillers and particle carrier products [1]. - The company's main revenue sources include spherical inorganic powder (57.16%), angular inorganic powder (26.39%), and other products (16.32%) [1]. Financial Performance - For the first half of 2025, Lianrui New Materials reported a revenue of 519 million yuan, reflecting a year-on-year growth of 17.12%. The net profit attributable to shareholders was 139 million yuan, marking an 18.01% increase compared to the previous year [2]. - Since its A-share listing, the company has distributed a total of 381 million yuan in dividends, with 242 million yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 3.27% to 7,692, while the average number of circulating shares per person increased by 34.39% to 31,392 shares [2]. - Notable institutional shareholders include Noan Pioneer Mixed A and Xinao Craftsman Selected Mixed, with increases in their holdings [3].