启明星辰9月30日获融资买入1912.72万元，融资余额7.87亿元

Core Insights - The stock of Qiming Star Technology (启明星辰) increased by 0.64% on September 30, with a trading volume of 195 million yuan, indicating a moderate market interest in the company [1] - The company experienced a net financing outflow of 17.84 million yuan on the same day, with a total financing balance of 793 million yuan, which is relatively low compared to the past year [1] - Qiming Star's main business includes the research, production, and sales of information security products, with a revenue composition of 56.68% from security products and 42.36% from security operations and services [1] Financing and Margin Trading - On September 30, Qiming Star had a financing buy-in of 19.12 million yuan, while the financing repayment was 36.97 million yuan, leading to a net financing buy-in of -17.84 million yuan [1] - The current financing balance of 787 million yuan accounts for 5.42% of the circulating market value, which is below the 50th percentile level over the past year, indicating a low financing position [1] - In terms of margin trading, the company had a short selling repayment of 47,200 shares and a short selling amount of 2,000 shares, with a short selling balance of 657,300 yuan, which is above the 60th percentile level over the past year, indicating a high short selling position [1] Financial Performance - As of June 30, Qiming Star reported a total of 95,200 shareholders, an increase of 5.45% from the previous period, while the average circulating shares per person decreased by 5.17% to 7,615 shares [2] - For the first half of 2025, the company achieved a revenue of 1.133 billion yuan, a year-on-year decrease of 28.03%, while the net profit attributable to shareholders was -93.35 million yuan, showing a year-on-year increase of 48.78% [2] Shareholder Structure - Since its A-share listing, Qiming Star has distributed a total of 886 million yuan in dividends, with 518 million yuan distributed in the last three years [3] - As of June 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 20.8171 million shares, a decrease of 17.1301 million shares from the previous period [3] - The Southern CSI 500 ETF and the E Fund CSI Artificial Intelligence Theme ETF increased their holdings, while the招商优势企业混合A and 诺安积极回报混合A exited the top ten circulating shareholders list [3]