WAZAM(SH:603186) Xin Lang Cai Jing·2025-10-30 02:36Core Insights - The stock price of Huazheng New Materials has seen a significant increase of 103.86% year-to-date, with a recent drop of 2.02% to 49.11 CNY per share as of October 30 [1] - The company reported a revenue of 3.196 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 13.17%, while net profit surged by 1042.19% to 62.61 million CNY [2] - The main business revenue composition includes copper-clad laminates (77.57%), composite materials for transportation logistics (7.75%), thermal conductive materials (7.09%), functional composite materials (3.83%), and others (3.76%) [2] Financial Performance - As of September 30, 2025, Huazheng New Materials had a market capitalization of 6.975 billion CNY, with a trading volume of 257 million CNY and a turnover rate of 3.64% [1] - The company has distributed a total of 203 million CNY in dividends since its A-share listing, with 11.36 million CNY distributed over the past three years [3] - The number of shareholders decreased by 4.10% to 22,800, while the average circulating shares per person increased by 4.28% to 6,238 shares [2] Shareholder Composition - As of September 30, 2025, several new institutional investors entered the top ten circulating shareholders, including E Fund Kexun Mixed Fund and E Fund Kairun Mixed Fund [3] - Notably, previous major shareholders such as China Merchants Quantitative Selected Stock Fund and Da Cheng CSI 360 Internet + Index Fund have exited the top ten list [3]