YONGYUE(SH:603879) Sou Hu Cai Jing·2025-11-01 22:30Core Viewpoint - Yongyue Technology (603879) has experienced a decline in stock price and revenue, with significant changes in shareholder structure and financial performance reported for Q3 2025 [1][3]. Shareholder Changes - As of September 30, 2025, the number of shareholders decreased to 14,100, a reduction of 34.62% from June 30, 2025 [1][3]. - The average number of shares held per shareholder increased from 16,700 to 25,500, with an average holding value of 157,700 RMB [1]. Financial Performance - For the first three quarters of 2025, Yongyue Technology reported a main revenue of 231 million RMB, a year-on-year decrease of 12.15% [1][4]. - The net profit attributable to shareholders was a loss of 9.25 million RMB, but this represented a 72.65% improvement in loss compared to the previous year [1][4]. - In Q3 2025 alone, the company recorded a revenue of 81.76 million RMB, down 21.31% year-on-year, with a net loss of 3.08 million RMB, showing a 65.41% improvement in loss compared to the same quarter last year [1][4]. Stock Buyback and Reduction Plan - The company plans to reduce its repurchased shares, totaling 4,851,100 shares, which is 1.35% of the total share capital, between November 24, 2025, and May 23, 2026 [2][9]. - The purpose of the reduction is to supplement the company's working capital, and it will not affect the control or ownership structure of the company [2][9]. Financial Ratios - The company reported a debt ratio of 11.85% and a gross profit margin of 9.27% [1]. - The weighted average return on net assets was -1.20%, a decrease of 2.37 percentage points compared to the previous year [4]. Major Shareholders - The largest shareholder, Jiangsu Huaying Enterprise Management Co., Ltd., holds 17.30% of the shares, with a significant portion pledged and frozen [5][6]. - The top ten shareholders collectively hold a significant portion of the company's equity, indicating concentrated ownership [5][6].