Summary of Key Points Core Viewpoint - The number of shareholders in 332 ChiNext stocks has decreased as of September 10, with 171 stocks experiencing a decline, and 14 of those seeing a drop of over 10% compared to the previous period [1]. Group 1: Shareholder Changes - The stock with the largest decrease in shareholder count is Chuangyitong, which has 10,574 shareholders, down 19.33% from August 31, with a cumulative drop of 7.63% in stock price since the concentration of shares began [1]. - Zhongke Haixun has 22,545 shareholders, a decrease of 17.37%, with a cumulative drop of 9.90% in stock price [1]. - Beifang Changlong has 27,361 shareholders, down 16.91%, with a significant cumulative drop of 32.13% in stock price [1]. Group 2: Continuous Shareholder Concentration - A total of 49 ChiNext stocks have shown a continuous concentration of shares, with some stocks experiencing a decline in shareholder count for more than three consecutive periods, and one stock has seen a decline for seven consecutive periods [1]. - Hahan Huadong has 18,467 shareholders, with a cumulative decline of 25.44% over seven periods [2]. - Fengshang Culture has 15,168 shareholders, down 37.88% over six periods, marking the largest cumulative decline [2]. Group 3: Market Performance - The average decline for concentrated stocks since September 1 is 1.53%, with notable increases in stocks like Xianxian Online and Kailong High-Tech, which rose by 61.11% and 41.12%, respectively [2]. - Industries with the most concentrated stocks include machinery, electronics, and basic chemicals, with 28, 19, and 18 stocks respectively [2]. Group 4: Fund Flow - As of September 18, 46 concentrated stocks have attracted leveraged funds, with notable increases in financing balances for stocks like Kailong High-Tech (up 86.83%), Weiteou (up 59.25%), and Tengya Precision (up 56.89%) [2].