KINGSINO(SZ:002548) Xin Lang Cai Jing·2025-10-24 01:45Core Viewpoint - Jin Xin Nong's stock price decreased by 0.64% on October 23, with a trading volume of 112 million yuan, indicating a potential decline in investor confidence [1] Financing and Margin Trading - On October 23, Jin Xin Nong had a financing buy-in amount of 8.01 million yuan and a financing repayment of 8.79 million yuan, resulting in a net financing outflow of 776,500 yuan [1] - As of October 23, the total balance of margin trading for Jin Xin Nong was 209 million yuan, which accounts for 5.61% of its circulating market value, indicating a high level compared to the past year [1] - The company had no short selling activity on October 23, with a short selling balance of 0 shares, reflecting a low level of short interest [1] Company Overview - Jin Xin Nong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, and was established on November 6, 1999, with its stock listed on February 18, 2011 [1] - The company's main business involves the research, production, and sales of pig feed products, with revenue composition as follows: pig compound feed 49.43%, live pigs 32.10%, other feed 9.29%, pig concentrated feed 5.43%, pig premix feed 2.82%, others 0.58%, and feed raw materials 0.35% [1] Shareholder Information - As of September 30, the number of Jin Xin Nong shareholders was 43,400, a decrease of 13.57% from the previous period, while the average circulating shares per person increased by 15.70% to 18,530 shares [2] - For the first half of 2025, Jin Xin Nong reported a revenue of 2.376 billion yuan, a year-on-year increase of 10.38%, but a net profit attributable to shareholders of -23.51 million yuan, reflecting a 43.74% increase in losses compared to the previous year [2] - Since its A-share listing, Jin Xin Nong has distributed a total of 368 million yuan in dividends, with no dividends paid in the last three years [2] Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder of Jin Xin Nong was the Guotai Zhenzhong Livestock Breeding ETF, holding 8.0051 million shares, an increase of 307,900 shares from the previous period [2] - CITIC Prudential Multi-Strategy Mixed Fund (LOF) A has exited the list of the top ten circulating shareholders [2]