BNMC(SH:601011) Xin Lang Cai Jing·2025-10-28 02:26Core Viewpoint - Baotailong's stock has shown significant volatility, with a year-to-date increase of 27.24% but a recent decline of 6.59% over the past five trading days, indicating potential market fluctuations and investor sentiment shifts [1] Company Overview - Baotailong New Materials Co., Ltd. is located in Qitaihe City, Heilongjiang Province, and was established on June 24, 2003, with its listing date on March 9, 2011. The company engages in coal mining, washing and processing, coking, chemical production, power generation, heating, new energy, and new materials [2] - The company's main revenue sources include raw coal (28.60%), refined coal (22.92%), and thermal power and heating (21.68%), among others [2] Financial Performance - For the period from January to September 2025, Baotailong reported operating revenue of 479 million yuan, a year-on-year decrease of 57.55%, while net profit attributable to shareholders increased by 118.44% to 50.36 million yuan [2] - The company has distributed a total of 332 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Structure - As of September 30, 2025, Baotailong had 83,100 shareholders, a decrease of 10.86% from the previous period, with an average of 23,062 circulating shares per shareholder, an increase of 12.18% [2] - Major shareholders include Guotai Zhongzheng Coal ETF, which increased its holdings by 32.45 million shares, and Hong Kong Central Clearing Limited, which is a new shareholder with 21.22 million shares [3]