ZHI-TECH(SZ:300785) Xin Lang Cai Jing·2025-10-31 02:08Core Viewpoint - The stock of Zhidao Mai has shown a mixed performance in recent trading, with a slight increase of 2.03% on October 31, 2023, while the company faces a decline in revenue for the first nine months of 2025 compared to the previous year [1][2]. Company Overview - Zhidao Mai Technology Co., Ltd. is based in Fengtai District, Beijing, and was established on November 10, 2011. It was listed on July 15, 2019. The company operates a content-driven shopping guide platform, providing promotional services for e-commerce and brand companies [1]. - The main revenue sources for the company are: information promotion income (41.83%), internet marketing platform income (28.38%), operational service fees (27.62%), brand marketing income (2.00%), and product sales income (0.17%) [1]. Financial Performance - For the period from January to September 2025, Zhidao Mai reported an operating income of 806 million yuan, a year-on-year decrease of 20.37%. However, the net profit attributable to the parent company was 13.45 million yuan, showing a significant increase of 253.49% [2]. - Since its A-share listing, Zhidao Mai has distributed a total of 216 million yuan in dividends, with 84.18 million yuan distributed over the past three years [3]. Shareholder Structure - As of October 20, 2023, the number of shareholders for Zhidao Mai increased to 25,900, up by 8.71%. The average number of circulating shares per person decreased by 8.01% to 4,714 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third largest, holding 7.9642 million shares, an increase of 6.2526 million shares from the previous period. New entrants include Noan Active Return Mixed A and Huatai-PineBridge Technology Innovation Mixed A [3].