ACMSH(SH:688082) Xin Lang Cai Jing·2025-10-10 01:33Core Insights - On October 9, 2023, Shengmei Shanghai's stock fell by 1.89% with a trading volume of 1.738 billion yuan, indicating a decline in investor confidence [1] - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 3.265 billion yuan, a year-on-year growth of 35.83%, and net profit of 696 million yuan, up 56.99% [2] - The company has distributed a total of 723 million yuan in dividends since its A-share listing [3] Financing and Margin Trading - On October 9, 2023, Shengmei Shanghai had a financing buy-in of 296 million yuan and a repayment of 318 million yuan, resulting in a net financing outflow of 21.75 million yuan [1] - The total margin trading balance as of October 9, 2023, was 775 million yuan, with the financing balance accounting for 0.89% of the circulating market value, indicating a high level of leverage [1] - The company’s margin trading data shows that the financing balance is above the 90th percentile of the past year, suggesting elevated trading activity [1] Shareholder Structure - As of June 30, 2025, Shengmei Shanghai had 11,700 shareholders, a decrease of 7.31% from the previous period, while the average number of circulating shares per shareholder increased by 7.89% to 37,360 shares [2] - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited as the second-largest shareholder, holding 6.0363 million shares, a decrease of 482,500 shares from the previous period [3] - New institutional investors have entered the shareholder list, such as Southern Information Innovation Mixed A, which is now among the top ten shareholders [3]