Luxin Co.,(SH:600783) Xin Lang Cai Jing·2025-10-30 15:49Core Viewpoint - Lu Xin Venture Capital, established in 1993 and listed in 1996, is one of the earliest professional venture capital institutions in China, focusing on venture investment and equipped with unique advantages such as state-owned background [1] Group 1: Business Performance - As of Q3 2025, Lu Xin Venture Capital reported revenue of 58.91 million yuan, ranking 14th in the industry, while the industry leader, Guojin Precision, achieved 2.296 billion yuan [2] - The main business composition includes abrasives generating 27.26 million yuan (66.42%), investment management at 11.59 million yuan (28.24%), and other revenues at 2.19 million yuan (5.33%) [2] - The net profit for the same period was 321 million yuan, ranking first in the industry, with the second place being Guojin Precision at 245 million yuan [2] Group 2: Financial Ratios - The asset-liability ratio for Q3 2025 was 48.72%, an increase from 45.65% year-on-year, exceeding the industry average of 33.33% [3] - The gross profit margin stood at 39.31%, slightly down from 39.49% year-on-year, but still above the industry average of 25.53% [3] Group 3: Executive Compensation - The chairman, Wang Xudong, received a salary of 837,700 yuan in 2024, an increase of 392,800 yuan from 2023 [4] - The general manager, Ge Xiaohong, earned 1,129,500 yuan in 2024, a decrease of 316,500 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.77% to 30,600 [5] - The average number of circulating A-shares held per shareholder decreased by 3.63% to 24,300 [5] - Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 5.2652 million shares, an increase of 112,400 shares from the previous period [5]