JZNEE(SH:603507) Xin Lang Zheng Quan·2025-10-17 01:58Core Viewpoint - Jiangsu Zhenjiang New Energy Equipment Co., Ltd. has experienced a decline in stock price and financial performance, with significant drops in revenue and net profit year-on-year, indicating potential challenges in the renewable energy sector [1][2]. Financial Performance - As of October 17, Zhenjiang's stock price decreased by 2.02% to 24.20 CNY per share, with a market capitalization of 4.46 billion CNY [1]. - Year-to-date, the stock price has increased by 1.92%, but it has seen declines of 9.70% over the past five trading days, 7.98% over the past 20 days, and 3.28% over the past 60 days [1]. - For the first half of 2025, the company reported revenue of 1.834 billion CNY, a year-on-year decrease of 6.27%, and a net profit attributable to shareholders of 15.6935 million CNY, down 87.29% year-on-year [2]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 56.11% to 28,400, while the average number of tradable shares per shareholder decreased by 35.94% to 6,487 shares [2]. - The company has distributed a total of 240 million CNY in dividends since its A-share listing, with 138 million CNY distributed over the past three years [3]. Business Overview - Zhenjiang's main business includes the design, processing, and sales of wind power equipment, photovoltaic equipment components, and fasteners, with 86.86% of revenue coming from new energy products [2]. - The company operates in the electric power equipment sector, specifically focusing on wind power equipment and components [2].