EASPRING(SZ:300073) Xin Lang Cai Jing·2025-10-30 02:36Core Viewpoint - The stock of Dangsheng Technology has shown significant growth in 2023, with a year-to-date increase of 82.83% and a recent surge in trading activity, indicating strong investor interest and market confidence [1][2]. Financial Performance - For the period from January to September 2025, Dangsheng Technology reported a revenue of 7.399 billion yuan, representing a year-on-year growth of 33.92%. The net profit attributable to shareholders was 503 million yuan, reflecting an increase of 8.30% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 1.265 billion yuan in dividends, with 821 million yuan distributed over the last three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Dangsheng Technology was 86,400, a slight decrease of 0.37% from the previous period. The average number of circulating shares per shareholder increased by 0.37% to 5,856 shares [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited being the third-largest shareholder, increasing its holdings by 8.7215 million shares [3]. Stock Performance - On October 30, 2023, Dangsheng Technology's stock price rose by 2.03%, reaching 73.28 yuan per share, with a trading volume of 1.209 billion yuan and a turnover rate of 3.33% [1]. - The stock has experienced notable price increases over various time frames: 11.08% over the last five trading days, 21.63% over the last twenty days, and 73.73% over the last sixty days [1]. Business Overview - Dangsheng Technology, established on June 3, 1998, and listed on April 27, 2010, specializes in the research, production, and sales of lithium-ion battery cathode materials and high-end intelligent equipment. The main revenue sources include multi-materials (60.83%), lithium iron phosphate and sodium battery cathode materials (29.37%), and lithium cobalt oxide (7.44%) [1]. - The company operates within the power equipment industry, specifically in the battery and battery chemicals sector, and is associated with concepts such as cobalt and nickel, small metals, 4680 batteries, lithium batteries, and energy storage [1].