报喜鸟跌2.04%，成交额2.80亿元，主力资金净流出894.31万元

Core Viewpoint - The stock of Baoxiniang experienced a decline of 2.04% on November 19, with a trading price of 4.32 CNY per share and a total market capitalization of 6.304 billion CNY, indicating a mixed performance in recent trading days [1]. Financial Performance - For the period from January to September 2025, Baoxiniang reported a revenue of 3.48 billion CNY, a year-on-year decrease of 1.59%, and a net profit attributable to shareholders of 236 million CNY, down 43.18% year-on-year [2]. - The company has cumulatively distributed dividends of 2.325 billion CNY since its A-share listing, with 832 million CNY distributed over the past three years [3]. Stock Market Activity - As of November 19, Baoxiniang's stock has decreased by 0.92% year-to-date, but has shown a slight increase of 0.70% over the last five trading days, 6.67% over the last 20 days, and 12.21% over the last 60 days [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on September 17, where it recorded a net buy of -97.8892 million CNY [1]. Shareholder Structure - As of September 30, 2025, Baoxiniang had 75,400 shareholders, an increase of 17.31% from the previous period, with an average of 15,653 circulating shares per shareholder, a decrease of 14.76% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 13.6687 million shares, an increase of 755,000 shares from the previous period [3].