Core Viewpoint - China Power Construction Corporation (中国电建) experienced a slight decline in stock price, with significant trading activity and high financing levels indicating investor interest and potential volatility in the near term [1][2]. Financing Summary - On October 20, China Power Construction had a financing buy-in amount of 112 million yuan, with a net financing purchase of 21.14 million yuan after repayments [1]. - The total financing and securities balance reached 3.182 billion yuan, with the financing balance accounting for 4.31% of the circulating market value, indicating a high level compared to the past year [1]. - The company also saw a securities lending repayment of 133,300 shares and a sell amount of 6,100 shares, with a remaining securities lending balance of 1.069 million shares [1]. Financial Performance - For the first half of 2025, China Power Construction reported a revenue of 293.055 billion yuan, reflecting a year-on-year growth of 2.69%, while the net profit attributable to shareholders decreased by 14.39% to 5.426 billion yuan [2]. - Cumulatively, the company has distributed 19.31 billion yuan in dividends since its A-share listing, with 6.606 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased to 320,000, while the average circulating shares per person increased to 40,850 [2]. - The top shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 12.5 million shares, and China Securities Finance Corporation, which maintained its holdings [3].
中国电建10月20日获融资买入1.12亿元,融资余额31.76亿元