Zhejiang Wansheng (SH:603010) Xin Lang Cai Jing·2025-10-21 01:34Core Viewpoint - On October 20, Wansheng Co., Ltd. experienced a stock price increase of 6.03%, with a trading volume of 279 million yuan, indicating strong market interest and activity in the company's shares [1]. Financing Summary - On the same day, Wansheng Co. recorded a financing purchase amount of 31.81 million yuan, with a net financing purchase of 10.06 million yuan after accounting for repayments [1]. - As of October 20, the total financing and securities balance for Wansheng Co. reached 125 million yuan, representing 1.91% of its market capitalization, which is above the 90th percentile of the past year, indicating a high level of financing activity [1]. - In terms of securities lending, Wansheng Co. had no shares repaid on October 20, but 400 shares were sold short, amounting to 4,432 yuan at the closing price, with a remaining short position of 8,900 shares valued at 98,600 yuan, also above the 90th percentile of the past year [1]. Business Performance - As of September 30, the number of shareholders for Wansheng Co. increased to 21,700, a rise of 1.74%, while the average number of circulating shares per shareholder decreased by 1.71% to 27,193 shares [2]. - For the first half of 2025, Wansheng Co. reported a revenue of 1.623 billion yuan, reflecting a year-on-year growth of 17.07%, while the net profit attributable to shareholders decreased by 65.02% to 26.32 million yuan [2]. - Since its A-share listing, Wansheng Co. has distributed a total of 874 million yuan in dividends, with 271 million yuan distributed over the past three years [2]. Business Overview - Wansheng Co., established on July 17, 2000, and listed on October 10, 2014, is located in the Zhejiang Linhai Two Water Development Zone and specializes in the research, production, and sales of organophosphorus flame retardants [1]. - The company's main business revenue composition includes: functional polymer additives (67.83%), organic amines (17.15%), coating additives (8.98%), raw materials and intermediates (5.08%), and other sales (0.96%) [1].