Summary of Key Points Core Viewpoint - The number of shareholders in 389 ChiNext stocks has decreased as of September 20, with 204 stocks experiencing a decline, and 118 stocks showing an increase in shareholder numbers compared to the previous period [1]. Group 1: Shareholder Changes - 204 stocks saw a decrease in shareholder numbers, with 26 stocks experiencing a decline of over 10% [1]. - The stock with the largest decrease in shareholder numbers is Kaichuang Electric, which dropped by 27.34% to 6,101 shareholders, and has seen a cumulative decline of 14.91% since the concentration of shares began [1]. - Other notable decreases include Dalian Technology, which fell by 23.68% to 22,629 shareholders, and Huanyoujia, which decreased by 16.47% to 19,467 shareholders [1][2]. Group 2: Market Performance - Among the concentrated stocks, the average decline since September 11 is 2.17%, with notable increases in stocks like Hangzhou High-tech (up 30.73%), Beijiete (up 28.94%), and Yicheng New Energy (up 28.10%) [2]. - The industries with the most concentrated stocks include machinery, basic chemicals, and computers, with 30, 26, and 23 stocks respectively [2]. Group 3: Leverage and Funding - As of September 29, 47 concentrated stocks have attracted leveraged funds, with significant increases in financing balances for stocks like Ningbo Color Master (up 102.98%), Wireless Media (up 45.14%), and Degute (up 44.07%) [2].