Haige Communications(SZ:002465) Xin Lang Cai Jing·2025-11-12 01:33Core Insights - Haige Communication experienced a decline of 1.10% in stock price on November 11, with a trading volume of 403 million yuan [1] - The company reported a net financing outflow of 42.19 million yuan on the same day, with a total financing and securities balance of 1.842 billion yuan [1][2] - For the first nine months of 2025, Haige Communication's revenue decreased by 16.17% year-on-year to 3.158 billion yuan, and the net profit attributable to shareholders was -175 million yuan, a significant drop of 194.73% [2] Financing and Securities - On November 11, Haige Communication had a financing buy-in of 44.49 million yuan, while the financing balance stood at 1.831 billion yuan, accounting for 6.31% of the market capitalization [1] - The company's financing balance is above the 70th percentile of the past year, indicating a relatively high level [1] - The short-selling data shows a repayment of 32,200 shares and a short-selling balance of 11.54 million yuan, which is below the 50th percentile of the past year, indicating a low level of short-selling activity [1] Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 25.29% to 137,800, while the average number of circulating shares per person increased by 33.86% to 17,986 shares [2] - The top ten circulating shareholders include notable ETFs, with the largest being the Fortune CSI Military Industry Leader ETF, holding 44.84 million shares, an increase of 6.68 million shares from the previous period [3] - Other significant shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with varying changes in their holdings [3] Dividend Distribution - Haige Communication has distributed a total of 3.556 billion yuan in dividends since its A-share listing, with 867 million yuan distributed over the past three years [3]