SDSL(SZ:000407) Xin Lang Cai Jing·2025-10-31 09:23Core Viewpoint - Victory Co., Ltd. is a diversified enterprise with strong market competitiveness in natural gas terminal application services, operating in sectors such as plastic pipelines and biotechnology [1]. Group 1: Business Overview - Established on May 11, 1994, and listed on the Shenzhen Stock Exchange on July 3, 1996, the company is headquartered in Jinan, Shandong Province [1]. - Main business segments include plastic pipelines, biotechnology, domestic and international trade, chemical pesticides, and natural gas terminal application services [1]. Group 2: Financial Performance - As of Q3 2025, Victory Co., Ltd. reported revenue of 3.042 billion yuan, ranking 15th among 31 companies in the industry [2]. - The industry leader, New Hope Co., Ltd., achieved revenue of 95.856 billion yuan, while the second-ranked Fuan Energy reported 23.501 billion yuan [2]. - Net profit for the same period was 151 million yuan, placing the company 16th in the industry [2]. - The industry leader in net profit, New Hope Co., Ltd., reported 7.057 billion yuan, and the second, Jiufeng Energy, reported 1.254 billion yuan [2]. Group 3: Financial Ratios - The company's debt-to-asset ratio as of Q3 2025 was 44.22%, lower than the previous year's 50.35% and below the industry average of 46.36%, indicating good solvency [3]. - The gross profit margin for Q3 2025 was 16.04%, an increase from 15.74% year-on-year, but still below the industry average of 16.52% [3]. Group 4: Leadership - The controlling shareholder is China Oil Gas Investment Group Co., Ltd., with Xu Tieliang as the actual controller and chairman [4]. - Xu Tieliang, born in September 1963, holds multiple degrees including a graduate degree from Tsinghua University and has qualifications as a CPA and lawyer [4]. - The president, Wang Wei, born in August 1981, has a university degree and has held positions in various gas companies [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.11% to 46,700 [5]. - The average number of circulating A-shares held per shareholder decreased by 3.02% to 18,800 [5]. - CITIC Prudential Multi-Strategy Mixed Fund (LOF) A exited the list of the top ten circulating shareholders [5].