中国黄金跌1.95%，成交额3.99亿元，今日主力净流入-575.39万

Core Viewpoint - The stock of China Gold experienced a decline of 1.95% on October 20, with a trading volume of 399 million yuan and a market capitalization of 14.33 billion yuan [1] Company Overview - China Gold Group Jewelry Co., Ltd. specializes in the sales and processing of gold jewelry products, including gold and K-gold jewelry [2] - The company is a state-owned enterprise controlled by the State-owned Assets Supervision and Administration Commission of the State Council [3][4] - As a central enterprise, it falls under the category of "中字头" stocks, with ultimate control by the State-owned Assets Supervision and Administration Commission [3] Financial Performance - For the first half of 2025, China Gold reported a revenue of 31.098 billion yuan, a year-on-year decrease of 11.54%, and a net profit attributable to shareholders of 319 million yuan, down 46.35% year-on-year [7] - The company has distributed a total of 2.52 billion yuan in dividends since its A-share listing, with 1.848 billion yuan distributed over the past three years [8] Market Activity - The stock has seen a net outflow of 5.7539 million yuan from major investors today, with a continuous reduction in holdings over the past three days [4][5] - The average trading cost of the stock is 8.43 yuan, with the current price approaching a resistance level of 8.69 yuan, indicating potential for a price correction if this level is not surpassed [6]