Shede Spirits (SH:600702) Xin Lang Cai Jing·2025-09-19 05:32Core Insights - Shede Liquor's stock price increased by 2.01% on September 19, reaching 65.51 CNY per share, with a total market capitalization of 21.799 billion CNY [1] - The company reported a year-to-date stock price change of 0.01%, with a 5-day decline of 0.97%, a 20-day increase of 7.55%, and a 60-day increase of 31.89% [1] - For the first half of 2025, Shede Liquor's revenue was 2.701 billion CNY, a year-on-year decrease of 17.41%, and the net profit attributable to shareholders was 443 million CNY, down 24.98% [2] Financial Performance - As of June 30, 2025, the number of shareholders decreased by 0.72% to 129,700, while the average circulating shares per person increased by 0.72% to 2,564 shares [2] - The company has distributed a total of 2.29 billion CNY in dividends since its A-share listing, with 1.353 billion CNY distributed over the past three years [2] Shareholder Structure - As of June 30, 2025, the second-largest circulating shareholder is the China Securities Index White Wine Index A, holding 16.4538 million shares, unchanged from the previous period [2] - The fifth-largest shareholder is the Wine ETF, which increased its holdings by 854,400 shares to 4.3687 million shares [2] - Hong Kong Central Clearing Limited, the sixth-largest shareholder, reduced its holdings by 969,300 shares to 1.3523 million shares [2]