TECHMATION(SH:603015) Xin Lang Cai Jing·2025-11-21 01:31Core Insights - Hongxun Technology experienced a 4.86% decline in stock price on November 20, with a trading volume of 155 million yuan [1] - The company reported a financing net buy of -1.69 million yuan on the same day, indicating a higher amount of financing repayment compared to new financing [1] - As of November 20, the total balance of margin trading for Hongxun Technology was 149 million yuan, which is 3.13% of its circulating market value, indicating a low financing balance compared to the past year [1] Financing and Margin Trading - On November 20, Hongxun Technology had a financing buy amount of 11.19 million yuan, with a current financing balance of 149 million yuan [1] - The financing balance is below the 30th percentile level of the past year, suggesting a low level of investor confidence [1] - There were no shares sold or repaid in the securities lending market on the same day, with a lending balance of 0, indicating a high level of short selling activity compared to the past year [1] Company Overview - Hongxun Technology, established on September 5, 2001, and listed on March 3, 2015, is located in Ningbo, Zhejiang Province [1] - The company's main business involves the research, production, and sales of automation products for plastic machinery, with revenue composition as follows: Industrial Control 47.71%, Drive Systems 37.11%, New Energy 11.57%, and Others 3.61% [1] Financial Performance - As of September 30, 2025, Hongxun Technology reported a revenue of 609 million yuan, a year-on-year decrease of 5.65%, and a net profit attributable to shareholders of 32.05 million yuan, down 35.18% year-on-year [2] - The company has distributed a total of 364 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [2] Shareholder Composition - As of September 30, 2025, the number of shareholders for Hongxun Technology was 34,300, a decrease of 22.16% from the previous period [2] - The average number of circulating shares per shareholder increased by 28.47% to 11,778 shares [2] - Notable institutional shareholders include various ETFs focused on robotics, with significant increases in holdings compared to previous periods [2]