KINGNET(SZ:002517) Xin Lang Cai Jing·2025-11-18 01:28Core Viewpoint - Kaiying Network experienced a slight decline of 0.62% on November 17, with a trading volume of 1.004 billion yuan, indicating fluctuations in investor sentiment and trading activity [1]. Financing Summary - On November 17, Kaiying Network had a financing buy-in amount of 42.36 million yuan and a financing repayment of 57.03 million yuan, resulting in a net financing outflow of 14.67 million yuan. The total financing and securities balance reached 945 million yuan [1]. - The current financing balance stands at 934 million yuan, accounting for 2.09% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. Securities Lending Summary - On the same day, Kaiying Network repaid 64,300 shares in securities lending and sold 4,600 shares, with a selling amount of 96,400 yuan based on the closing price. The remaining securities lending volume is 526,600 shares, with a balance of 11.03 million yuan, which is below the 50th percentile level over the past year, indicating a relatively low level of securities lending [1]. Business Overview - Kaiying Network, established on January 3, 2000, and listed on December 7, 2010, is headquartered in Shanghai. The company primarily engages in game development, operation, and distribution, with a revenue composition of 73.03% from mobile games, 25.47% from information services, and 1.50% from web games [1]. Shareholder Information - As of October 31, the number of shareholders for Kaiying Network reached 76,400, an increase of 23.18% from the previous period. The average circulating shares per person decreased by 18.82% to 24,741 shares [2]. - For the period from January to September 2025, Kaiying Network reported a revenue of 4.075 billion yuan, reflecting a year-on-year growth of 3.75%, and a net profit attributable to shareholders of 1.583 billion yuan, which is a 23.70% increase year-on-year [2]. Dividend Information - Since its A-share listing, Kaiying Network has distributed a total of 1.212 billion yuan in dividends, with 852 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of Kaiying Network include Hong Kong Central Clearing Limited, which holds 66.19 million shares, a decrease of 43.96 million shares from the previous period. Other notable shareholders include Huaxia CSI Animation Game ETF and Southern CSI 500 ETF, with varying changes in their holdings [3].