CSPM(SH:601858) Xin Lang Zheng Quan·2025-09-26 06:05Core Viewpoint - China Science Publishing & Media Co., Ltd. (CSPM) has experienced a decline in stock price and trading activity, with a notable drop in net capital inflow, indicating potential investor concerns about the company's performance and market position [1][2]. Financial Performance - For the first half of 2025, CSPM reported a revenue of 1.253 billion yuan, reflecting a year-on-year growth of 2.38% [2]. - The net profit attributable to shareholders for the same period was 190 million yuan, showing a significant year-on-year increase of 35.76% [2]. Stock Performance - As of September 26, CSPM's stock price was 19.63 yuan per share, down 2.09% for the day, with a total market capitalization of 15.518 billion yuan [1]. - Year-to-date, the stock has decreased by 2.37%, with a 3.16% drop over the last five trading days and an 8.82% decline over the past 20 days [1]. Shareholder Information - As of June 30, 2025, CSPM had 50,300 shareholders, an increase of 5.81% from the previous period [2]. - The average number of circulating shares per shareholder was 15,716, which decreased by 5.50% compared to the previous period [2]. Dividend Distribution - CSPM has distributed a total of 1.446 billion yuan in dividends since its A-share listing, with 642 million yuan distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the top circulating shareholder was the Southern CSI 500 ETF, holding 2.311 million shares, an increase of 352,400 shares from the previous period [3]. - Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder, holding 2.2932 million shares, a decrease of 550,700 shares [3]. - The Guangfa CSI Media ETF Connect A was a new entrant among the top ten circulating shareholders, holding 611,100 shares [3].