SUPCON Technology (SH:688777) Xin Lang Zheng Quan·2025-10-17 02:10Core Viewpoint - Zhongkong Technology's stock has experienced fluctuations, with a recent decline of 2.07% and a total market capitalization of 42.234 billion yuan, reflecting mixed investor sentiment and market activity [1]. Company Overview - Zhongkong Technology Co., Ltd. is based in Hangzhou, Zhejiang Province, and was established on December 7, 1999. The company went public on November 24, 2020. Its main business involves providing intelligent manufacturing products and solutions centered on automation control systems for process industries [1]. - The company's revenue composition includes: Industrial Automation and Intelligent Manufacturing Solutions (58.43%), Instruments and Meters (17.66%), S2B Business (10.80%), Industrial Software (7.62%), Operation and Maintenance Services (4.43%), and Others (1.06%) [1]. Financial Performance - For the first half of 2025, Zhongkong Technology reported a revenue of 3.83 billion yuan, a year-on-year decrease of 9.92%. The net profit attributable to shareholders was 354 million yuan, down 31.46% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 1.822 billion yuan in dividends, with 1.516 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Zhongkong Technology was 39,900, an increase of 1.22% from the previous period. The average circulating shares per person decreased by 1.21% to 19,609 shares [2]. - The top circulating shareholders include Hong Kong Central Clearing Limited, holding 42.1768 million shares (a decrease of 8.1308 million shares), and various ETFs such as Huaxia SSE STAR 50 ETF and E Fund SSE STAR 50 ETF, with changes in their holdings [3]. Market Activity - Zhongkong Technology's stock price has increased by 9.02% year-to-date, but has seen a decline of 8.11% over the last five trading days. In the last 20 days, the stock rose by 6.14%, and over the last 60 days, it increased by 13.50% [1]. - The stock's trading activity shows a net outflow of 33.7459 million yuan from main funds, with significant buying and selling activity from large orders [1]. Industry Context - Zhongkong Technology operates within the mechanical equipment sector, specifically in automation equipment and industrial control devices. It is associated with concepts such as the Belt and Road Initiative, industrial software, and mid-cap stocks [2].