Union Precision(SH:688210) Xin Lang Cai Jing·2025-10-10 01:36Core Viewpoint - The company, Tonglian Precision, experienced a decline in stock price and trading volume on October 9, with a net financing outflow, indicating potential investor caution and high financing levels [1]. Financing and Trading Data - On October 9, Tonglian Precision's stock fell by 2.31%, with a trading volume of 384 million yuan. The financing buy-in amounted to 65.26 million yuan, while financing repayment was 70.39 million yuan, resulting in a net financing outflow of 5.13 million yuan [1]. - As of October 9, the total financing and securities lending balance for Tonglian Precision was 466 million yuan, representing 4.73% of its market capitalization, which is above the 90th percentile of the past year, indicating a high level of financing [1]. - In terms of securities lending, there were no shares repaid or sold on October 9, with a lending balance of 0 shares, also reflecting a high level at the 80th percentile of the past year [1]. Company Overview - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, is located in Longhua District, Shenzhen, Guangdong Province. The company specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1]. - The main revenue sources for the company include other metal craft products and plastic products (66.47%), MIM products (30.78%), mold tooling and equipment (1.43%), and others (1.32%) [1]. Financial Performance - As of June 30, the number of shareholders for Tonglian Precision was 5,843, a decrease of 10.30% from the previous period. The average number of circulating shares per person increased by 66.36% to 27,424 shares [2]. - For the first half of 2025, the company reported revenue of 402 million yuan, a year-on-year increase of 10.01%. However, the net profit attributable to shareholders decreased by 88.24% to 4.87 million yuan [2]. Dividend and Shareholder Information - Since its A-share listing, Tonglian Precision has distributed a total of 147 million yuan in dividends, with 131 million yuan distributed over the past three years [3]. - As of June 30, 2025, among the top ten circulating shareholders, Jinying Technology Innovation Stock A (001167) was the eighth largest shareholder with 2.26 million shares, marking a new entry. Additionally, Bosera Science and Technology Innovation Board Three-Year Open Mixed Fund (506005) was the ninth largest shareholder, increasing its holdings by 438,200 shares [3].