ZBD(SH:603567) Xin Lang Cai Jing·2025-11-21 01:28Group 1 - The core viewpoint of the news is that Zhenbao Island's stock performance and financial metrics indicate a challenging period, with significant declines in revenue and net profit, alongside notable trading activity in margin financing and securities lending [1][2]. Group 2 - As of November 20, Zhenbao Island's stock price fell by 1.94%, with a trading volume of 91.62 million yuan. The margin financing data shows a net buying of 236,200 yuan on that day, with a total margin balance of 287 million yuan, which is 2.88% of the circulating market value [1]. - The company reported a revenue of 919 million yuan for the first nine months of 2025, a year-on-year decrease of 54.73%, and a net profit attributable to shareholders of -373 million yuan, a decline of 193.81% compared to the previous year [2]. - Zhenbao Island has cumulatively distributed 1.302 billion yuan in dividends since its A-share listing, with 356 million yuan distributed over the past three years [3].