联泓新科跌2.05%，成交额2908.10万元，主力资金净流入33.09万元

Core Viewpoint - The stock of Lianhong New Materials has experienced fluctuations, with a year-to-date increase of 39.46% but a recent decline in the last five and twenty trading days [1][2]. Financial Performance - As of September 30, 2025, Lianhong New Materials reported a revenue of 4.568 billion yuan, a year-on-year decrease of 8.02%, while the net profit attributable to shareholders was 232 million yuan, reflecting a year-on-year growth of 30.32% [2]. - Cumulative cash dividends since the A-share listing amount to 929 million yuan, with 454 million yuan distributed over the past three years [3]. Shareholder Information - The number of shareholders increased to 64,800, up by 19.55% from the previous period, while the average circulating shares per person decreased by 16.36% to 20,585 shares [2]. - The top ten circulating shareholders include new entrants such as the Chemical ETF, holding 5.9999 million shares, while other significant shareholders have reduced their holdings [3]. Market Activity - As of October 22, 2023, Lianhong New Materials' stock price was 19.12 yuan per share, with a market capitalization of 25.536 billion yuan [1]. - The stock has seen a recent net inflow of main funds amounting to 330,900 yuan, with large orders accounting for 5.67% of purchases and 4.54% of sales [1]. Business Overview - Lianhong New Materials, established on May 21, 2009, and listed on December 8, 2020, specializes in the research, production, and sales of new material products [1]. - The company's main revenue sources include polypropylene special materials (27.50%), ethylene-vinyl acetate copolymer (26.28%), and other products [1]. Industry Classification - Lianhong New Materials is classified under the power equipment industry, specifically in photovoltaic equipment and auxiliary materials, with involvement in sectors such as photovoltaic film, biodegradable materials, and humanoid robots [1].