Wellhope(SH:603609) Xin Lang Cai Jing·2025-10-21 01:33Core Viewpoint - He Feng Co., Ltd. shows a stable performance in stock trading and financing activities, with significant growth in revenue and net profit in the first half of 2025, indicating potential investment opportunities in the company [1][2]. Group 1: Stock Performance and Financing - On October 20, He Feng's stock rose by 0.13%, with a trading volume of 36.57 million yuan [1]. - The financing buy-in amount for He Feng on the same day was 3.91 million yuan, while the financing repayment was 3.50 million yuan, resulting in a net financing buy of 0.42 million yuan [1]. - As of October 20, the total balance of margin trading for He Feng was 140 million yuan, with the financing balance accounting for 1.92% of the circulating market value, indicating a high level compared to the past year [1]. Group 2: Business Overview - He Feng Co., Ltd. was established on March 27, 2003, and listed on August 8, 2014, with its main business involving feed and feed raw material trading, poultry, and pig farming, as well as animal pharmaceuticals and pet medical services [1]. - The revenue composition of He Feng includes poultry industry (38.68%), feed products (35.89%), feed raw materials (13.84%), pig industry (9.47%), and others (2.12%) [1]. Group 3: Financial Performance - For the first half of 2025, He Feng achieved an operating income of 17.41 billion yuan, representing a year-on-year growth of 16.27% [2]. - The net profit attributable to the parent company was 233 million yuan, showing a remarkable year-on-year increase of 784.44% [2]. Group 4: Shareholder Information - As of June 30, 2025, the number of shareholders for He Feng was 21,600, a decrease of 6.86% from the previous period [2]. - The average circulating shares per person increased by 6.55% to 42,164 shares [2]. - The total cash dividends distributed by He Feng since its A-share listing amounted to 1.007 billion yuan, with 158 million yuan distributed in the last three years [3].