报喜鸟跌2.12%，成交额2001.20万元，主力资金净流出356.59万元

Core Viewpoint - The stock of Baoxiniang has experienced a decline of 4.82% year-to-date, with a recent drop of 2.12% in the last five trading days, indicating potential challenges in market performance [1][2]. Financial Performance - For the period from January to September 2025, Baoxiniang reported a revenue of 3.48 billion yuan, a year-on-year decrease of 1.59%, and a net profit attributable to shareholders of 236 million yuan, down 43.18% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 2.325 billion yuan, with 832 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 21, Baoxiniang's stock price was 4.15 yuan per share, with a total market capitalization of 6.056 billion yuan [1]. - The stock has seen a net outflow of 3.5659 million yuan in principal funds, with significant selling pressure observed [1]. - Baoxiniang has appeared on the "Dragon and Tiger List" once this year, with the last occurrence on September 17, where it recorded a net buy of -97.8892 million yuan [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]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 13.6687 million shares, an increase of 755,000 shares from the previous period [3].