通宇通讯跌2.02%，成交额3.03亿元，主力资金净流出3092.34万元

Core Viewpoint - Tongyu Communication's stock price has shown a year-to-date increase of 27.63%, but recent trading indicates a slight decline, with a 2.02% drop on November 6, 2023, reflecting market volatility and potential investor concerns [1]. Financial Performance - For the period from January to September 2025, Tongyu Communication reported a revenue of 815 million yuan, representing a year-on-year decrease of 3.34%. The net profit attributable to shareholders was 25.27 million yuan, down 50.91% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 375 million yuan in dividends, with 133 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Tongyu Communication stood at 53,800, with an average of 6,201 circulating shares per person, indicating stability in shareholder numbers [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 609,600 shares to 2.701 million shares, and the Guotai CSI Communication Equipment ETF, which is a new entrant holding 1.5677 million shares [3]. Market Activity - On November 6, 2023, the stock traded at 18.96 yuan per share, with a total transaction volume of 303 million yuan and a turnover rate of 4.76%. The total market capitalization was approximately 9.953 billion yuan [1]. - The net outflow of main funds was 30.92 million yuan, with significant selling pressure observed, as large orders sold 73.73 million yuan worth of shares, indicating potential liquidity issues [1]. Business Overview - Tongyu Communication, established on December 16, 1996, and listed on March 28, 2016, specializes in the research, production, and sales of base station antennas, microwave antennas, RF devices, optical modules, and energy exchange cabinets [1]. - The company's revenue composition includes base station antennas (57.09%), microwave antennas (22.39%), RF devices (12.77%), satellite communications (4.90%), and others (2.18%) [1]. Industry Context - Tongyu Communication operates within the communication equipment sector, specifically focusing on communication network devices and components. The company is associated with various concepts, including the Belt and Road Initiative, China-Russia trade, virtual power plants, satellite internet, and energy storage [1].