China National Gold (SH:600916) Xin Lang Cai Jing·2025-11-04 03:23Core Viewpoint - China Gold experienced a slight decline of 0.36% in stock price on November 3, with a trading volume of 210 million yuan, indicating a stable market presence despite recent financial performance challenges [1] Financing Summary - On November 3, China Gold had a financing buy-in amount of 15.63 million yuan, with a net financing buy of 2.13 million yuan after repayments [1] - The total financing and securities balance reached 36.7 million yuan, with the financing balance accounting for 2.64% of the circulating market value, indicating a high level compared to the past year [1] Securities Lending Summary - On the same day, China Gold repaid 3,900 shares in securities lending and sold 13,700 shares, amounting to 112,800 yuan based on the closing price [1] - The remaining securities lending volume was 164,000 shares, with a balance of 1.35 million yuan, which is below the 40th percentile level over the past year, indicating a lower level of securities lending activity [1] Company Overview - China Gold Group Jewelry Co., Ltd. was established on December 16, 2010, and listed on February 5, 2021, focusing on the research, design, production, and sales of gold jewelry products under the "China Gold" brand [2] - The company's revenue composition is primarily from gold products (98.83%), with minor contributions from brand usage fees (0.67%), management service fees (0.22%), and other business activities [2] Financial Performance - For the period from January to September 2025, China Gold reported a revenue of 45.76 billion yuan, a year-on-year decrease of 1.74%, and a net profit attributable to shareholders of 335 million yuan, down 55.08% year-on-year [2] - Since its A-share listing, China Gold has distributed a total of 2.52 billion yuan in dividends, with 1.84 billion yuan distributed over the past three years [2] Shareholder Information - As of September 30, 2025, the number of shareholders for China Gold reached 121,000, an increase of 2.57% from the previous period, while the average circulating shares per person decreased by 2.51% [2][3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 17.59 million shares, a decrease of 6.13 million shares from the previous period, while the Gold Stock ETF is a new entrant with 9.67 million shares [3]