恒宝股份跌2.03%，成交额1.50亿元，主力资金净流出35.01万元

Core Viewpoint - Hengbao Co., Ltd. has experienced significant stock price fluctuations, with a year-to-date increase of 217.96% but a recent decline of 8.25% over the past five trading days, indicating volatility in investor sentiment and market conditions [2]. Group 1: Stock Performance - As of November 4, Hengbao's stock price was 21.24 CNY per share, with a market capitalization of 15.045 billion CNY [1]. - The stock has been on the龙虎榜 (top trading list) 50 times this year, with the most recent appearance on October 28, where it recorded a net buy of -200 million CNY [2]. - The stock has seen a trading volume of 1.50 billion CNY on November 4, with a turnover rate of 1.17% [1]. Group 2: Financial Performance - For the period from January to September 2025, Hengbao reported a revenue of 614 million CNY, a year-on-year decrease of 9.99%, and a net profit attributable to shareholders of 37.2975 million CNY, down 59.19% year-on-year [2]. - The company's main business revenue composition includes card products (78.19%), module products (21.27%), and ticket products (0.31%) [2]. Group 3: Shareholder Information - As of September 30, 2025, Hengbao had 230,500 shareholders, a decrease of 1.62% from the previous period, with an average of 2,602 circulating shares per shareholder, an increase of 1.65% [2]. - The top ten circulating shareholders include significant institutional investors, with notable increases in holdings from several ETFs [3].