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山子高科涨2.26%,成交额11.05亿元,主力资金净流入8596.25万元

Core Viewpoint - The stock of Mountain High Technology Co., Ltd. has shown significant volatility, with a year-to-date increase of 81.00%, but recent declines in the short term raise questions about future performance [1][2]. Financial Performance - For the period from January to September 2025, Mountain High Technology reported a revenue of 2.418 billion yuan, a year-on-year decrease of 38.67%, while the net profit attributable to shareholders increased by 153.47% to 437 million yuan [2]. - The company has cumulatively distributed 3.282 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - As of November 13, the stock price was 3.62 yuan per share, with a market capitalization of 36.191 billion yuan. The stock experienced a trading volume of 1.105 billion yuan and a turnover rate of 3.26% [1]. - The stock has appeared on the daily trading leaderboard 19 times this year, with the most recent net buy of 313 million yuan on October 29 [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 141.83% to 587,000, while the average circulating shares per person decreased by 58.65% to 16,205 shares [2][3]. - Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder, holding 217 million shares, an increase of 108 million shares from the previous period [3].