JIULI Hi-tech(SZ:002318) Xin Lang Cai Jing·2025-10-17 01:30Core Viewpoint - The stock of Jiu Li Special Materials experienced a decline of 2.14% on October 16, with a trading volume of 263 million yuan, indicating a potential shift in investor sentiment and market dynamics [1] Financing and Margin Trading - On October 16, Jiu Li Special Materials had a financing buy-in amount of 22.23 million yuan and a financing repayment of 24.28 million yuan, resulting in a net financing outflow of 204.95 thousand yuan [1] - The total margin trading balance for Jiu Li Special Materials as of October 16 is 271 million yuan, with the current financing balance at 268 million yuan, accounting for 1.07% of the circulating market value, which is above the 90th percentile of the past year [1] - The company repaid 1,600 shares in margin trading and sold 8,100 shares on the same day, with a selling amount of 207.5 thousand yuan, while the margin balance is 2.49 million yuan, indicating a lower position compared to the 50th percentile of the past year [1] Company Overview - Jiu Li Special Materials, established on January 8, 2004, and listed on December 11, 2009, is located in Huzhou, Zhejiang Province, specializing in the research, production, and sales of industrial stainless steel pipes and special alloy materials [1] - The company's main revenue sources include seamless pipes (37.97%), composite pipes (33.57%), welded pipes (13.44%), alloy materials (6.25%), other products (5.54%), and pipe fittings (3.23%) [1] Financial Performance - As of June 30, the number of shareholders for Jiu Li Special Materials reached 20,600, an increase of 16.03%, while the average circulating shares per person decreased by 13.80% to 46,427 shares [2] - For the first half of 2025, the company achieved a revenue of 6.105 billion yuan, representing a year-on-year growth of 26.39%, and a net profit attributable to shareholders of 828 million yuan, up 28.48% year-on-year [2] Dividend Distribution - Since its A-share listing, Jiu Li Special Materials has distributed a total of 3.468 billion yuan in dividends, with 1.802 billion yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 44.6371 million shares, an increase of 1.8334 million shares from the previous period [3] - The eighth-largest circulating shareholder, Fortune Xingyuan Preferred 12-Month Holding Period Mixed A, maintained its holding at 15.2453 million shares, while the ninth-largest shareholder, Guangfa Steady Growth Mixed A, reduced its holdings by 800 thousand shares to 12.5 million shares [3]