Leon(SZ:300603) Xin Lang Cai Jing·2025-10-21 06:35Core Viewpoint - The stock of Lian Technology has shown a slight increase recently, but the overall performance this year has been negative, with significant declines over various time frames [1][2]. Financial Performance - As of October 10, Lian Technology reported a revenue of 3.76 billion yuan for the first half of 2025, marking a year-on-year growth of 23.41%. However, the net profit attributable to shareholders was -596.98 million yuan, a decrease of 258.48% compared to the previous year [2]. - The company has cumulatively distributed 72.70 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - On October 21, Lian Technology's stock price rose by 2.08% to 10.80 yuan per share, with a trading volume of 85.32 million yuan and a turnover rate of 2.17%, resulting in a total market capitalization of 5.02 billion yuan [1]. - The stock has experienced a decline of 3.05% year-to-date, with a 2.96% drop over the last five trading days, a 2.53% drop over the last 20 days, and a 10.37% drop over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on February 10, where it recorded a net purchase of 116 million yuan [1]. Shareholder Information - As of October 10, the number of shareholders for Lian Technology was 45,200, an increase of 1.81% from the previous period, with an average of 8,184 circulating shares per person, a decrease of 1.78% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the seventh largest, holding 2.07 million shares as a new shareholder [3]. Business Overview - Lian Technology, established on January 8, 1996, and listed on January 26, 2017, operates in digital city system services, IDC data centers, cloud computing services, telecom value-added services, and communication network technology services [2]. - The company's revenue composition includes 46.47% from communication network services, 29.83% from digital city services, 23.39% from data center and cloud services, and 0.31% from other services [2]. - Lian Technology is categorized under the communication services sector, with involvement in electronic license plates, SenseTime technology, 5G, IDC concepts, and network security [2].