Tuopu Group(SH:601689) Xin Lang Cai Jing·2025-11-21 01:31Core Insights - Top Group's stock price decreased by 1.07% on November 20, with a trading volume of 1.012 billion yuan [1] - The company experienced a net financing outflow of 64.82 million yuan on the same day, with a total financing and securities balance of 3.134 billion yuan [1] Financing Overview - On November 20, Top Group had a financing buy-in of 78.72 million yuan, while the current financing balance is 3.115 billion yuan, accounting for 3.00% of the circulating market value [1] - The financing balance is above the 80th percentile level over the past year, indicating a high level of financing activity [1] Securities Lending Overview - On November 20, Top Group repaid 3,300 shares in securities lending and sold 16,100 shares, amounting to 0.9631 million yuan based on the closing price [1] - The remaining securities lending balance is 31,740 shares, with a total value of 18.9854 million yuan, also exceeding the 80th percentile level over the past year [1] Business Performance - As of September 30, Top Group reported a total revenue of 20.928 billion yuan for the first nine months of 2025, representing a year-on-year growth of 8.14% [2] - The net profit attributable to shareholders decreased by 11.97% year-on-year, amounting to 1.967 billion yuan [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 30.02% to 143,700, while the average circulating shares per person decreased by 23.09% to 12,092 shares [2] - The company has distributed a total of 3.575 billion yuan in dividends since its A-share listing, with 2.059 billion yuan distributed in the last three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 68.75 million shares, a decrease of 19.4261 million shares from the previous period [3] - Other major institutional shareholders, including various ETFs, have also seen reductions in their holdings [3]