华阳股份跌2.10%，成交额9387.07万元，主力资金净流出347.72万元

Core Viewpoint - Huayang Co., Ltd. has experienced a decline in stock price and a mixed performance in trading volume, while its financial results show a decrease in revenue and net profit for the first half of 2025 [1][2]. Financial Performance - As of October 20, 2025, Huayang Co., Ltd. reported a revenue of 11.24 billion yuan, a year-on-year decrease of 7.86%, and a net profit attributable to shareholders of 783 million yuan, down 39.75% year-on-year [2]. - The company has cumulatively distributed 12.93 billion yuan in dividends since its A-share listing, with 5.81 billion yuan distributed in the last three years [3]. Stock Market Activity - On October 22, 2025, Huayang Co., Ltd.'s stock price fell by 2.10% to 7.94 yuan per share, with a trading volume of 93.87 million yuan and a turnover rate of 0.33%, resulting in a total market capitalization of 28.644 billion yuan [1]. - The stock has increased by 17.09% year-to-date, with a 4.34% rise over the last five trading days and a 10.74% increase over the last 20 days [1]. Shareholder Structure - As of June 30, 2025, the number of Huayang Co., Ltd. shareholders increased to 97,000, with an average of 37,190 circulating shares per person, a decrease of 7.22% from the previous period [2][3]. - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable increases in holdings for several funds [3]. Business Overview - Huayang Co., Ltd. is primarily engaged in coal production, processing, and sales, as well as electricity and heat production, solar power generation, and related technologies [2]. - The company's revenue composition includes 52.34% from raw coal, 13.21% from other sources, and smaller percentages from various coal products and electricity sales [2].