KINGLAND(SZ:002443) Xin Lang Cai Jing·2025-10-29 02:06Core Viewpoint - The stock price of Jinzhu Pipeline has experienced fluctuations, with a year-to-date increase of 44.29% but a recent decline of 3.30% over the past five trading days [2]. Company Overview - Jinzhu Pipeline Technology Co., Ltd. was established on July 31, 2002, and listed on July 6, 2010. The company is located in Huzhou, Zhejiang Province [2]. - The main business involves the research, development, manufacturing, and sales of welded steel pipe products, with revenue composition as follows: 64.76% from civil steel pipes, 31.30% from industrial steel pipes, and 3.94% from scrap and others [2]. Financial Performance - For the period from January to September 2025, Jinzhu Pipeline achieved operating revenue of 3.179 billion yuan, a year-on-year decrease of 6.73%. The net profit attributable to the parent company was 93.7451 million yuan, down 23.75% year-on-year [2]. - As of September 30, 2025, the company had a total of 28,100 shareholders, a decrease of 17.01% from the previous period, while the average circulating shares per person increased by 20.49% to 18,467 shares [2]. Stock Performance - As of October 29, the stock price was 8.20 yuan per share, with a trading volume of 24.6265 million yuan and a turnover rate of 0.57%. The total market capitalization stood at 4.268 billion yuan [1]. - The stock has seen a recent net outflow of 2.1085 million yuan in principal funds, with significant selling activity [1]. Dividend Information - Since its A-share listing, Jinzhu Pipeline has distributed a total of 1.106 billion yuan in dividends, with 160 million yuan distributed over the past three years [3]. Shareholding Structure - As of September 30, 2025, the top ten circulating shareholders included the Guotai Zhongzheng Steel ETF (515210) as the fifth largest shareholder, holding 4.1532 million shares as a new entrant, while the GF Multi-Factor Mixed Fund (002943) exited the top ten [3].