Vanward(SZ:002543) Xin Lang Cai Jing·2025-11-18 01:31Core Viewpoint - Wanhe Electric experienced a decline of 1.46% on November 17, with a trading volume of 49.1752 million yuan, indicating a potential shift in investor sentiment [1] Financing Summary - On November 17, Wanhe Electric had a financing buy-in amount of 7.1071 million yuan and a financing repayment of 2.6183 million yuan, resulting in a net financing buy of 4.4888 million yuan [1] - As of November 17, the total financing and securities lending balance for Wanhe Electric was 75.0633 million yuan, with the financing balance at 74.4176 million yuan, accounting for 0.87% of the circulating market value, which is above the 90th percentile level over the past year [1] - In terms of securities lending, on November 17, Wanhe Electric repaid 300 shares and sold 1,100 shares, with a selling amount of 12,700 yuan, while the remaining securities lending volume was 56,100 shares, with a balance of 645,700 yuan, also above the 90th percentile level over the past year [1] Company Performance - As of September 30, Wanhe Electric had 18,900 shareholders, an increase of 20.40% from the previous period, while the average circulating shares per person decreased by 16.95% to 34,968 shares [2] - For the period from January to September 2025, Wanhe Electric achieved an operating income of 5.524 billion yuan, representing a year-on-year growth of 5.54%, and a net profit attributable to shareholders of 479 million yuan, also reflecting a year-on-year increase of 5.57% [2] - Since its A-share listing, Wanhe Electric has distributed a total of 3.205 billion yuan in dividends, with 932 million yuan distributed over the past three years [2] Shareholder Structure - As of September 30, 2025, the fourth largest circulating shareholder of Wanhe Electric was Hongli Low Volatility (512890), holding 31.5051 million shares, an increase of 2.3435 million shares from the previous period [2] - The fifth largest circulating shareholder was Hong Kong Central Clearing Limited, holding 24.9161 million shares, a decrease of 597,290 shares from the previous period [2] - The tenth largest circulating shareholder was Chuangjin Hexin CSI Dividend Low Volatility Index A (005561), which entered as a new shareholder with 6.0834 million shares [2]