KINGLAND(SZ:002443) Xin Lang Cai Jing·2025-11-05 06:06Core Viewpoint - The stock of Jinzhu Pipeline has shown a significant increase of 45.52% year-to-date, despite a recent slight decline in the last five trading days, indicating potential volatility in the market [1][2]. Financial Performance - For the period from January to September 2025, Jinzhu Pipeline reported a revenue of 3.179 billion yuan, representing a year-on-year decrease of 6.73% [2]. - The net profit attributable to the parent company for the same period was 93.7451 million yuan, down 23.75% year-on-year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Jinzhu Pipeline was 28,100, a decrease of 17.01% from the previous period [2]. - The average number of circulating shares per shareholder increased by 20.49% to 18,467 shares [2]. Dividend Distribution - Since its A-share listing, Jinzhu Pipeline has distributed a total of 1.106 billion yuan in dividends, with 160 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the fifth largest circulating shareholder is Guotai Zhongxin Steel ETF, holding 4.1532 million shares as a new shareholder [3]. - The fund "Guangfa Multi-Factor Mixed" has exited the list of the top ten circulating shareholders [3].