Shenzhen Lihexing (SZ:301013) Xin Lang Cai Jing·2025-11-24 01:36Core Viewpoint - The company Lihexing experienced a decline in stock price and trading volume, with significant changes in financing and shareholder structure, indicating potential challenges in financial performance and market perception [1][2]. Financing Summary - On November 21, Lihexing's stock fell by 1.09%, with a trading volume of 1.597 billion yuan. The financing buy-in amount for the day was 121 million yuan, while the financing repayment was 94.995 million yuan, resulting in a net financing buy of 26.155 million yuan [1]. - As of November 21, the total financing and securities lending balance for Lihexing was 400 million yuan, which represents 5.41% of its market capitalization. This financing balance is above the 50th percentile level over the past year, indicating a relatively high level [1]. - In terms of securities lending, there were no shares repaid or sold on November 21, with a securities lending balance of 0, which is at the 90th percentile level over the past year, suggesting a high position [1]. Financial Performance Summary - For the period from January to September 2025, Lihexing reported operating revenue of 327 million yuan, a year-on-year decrease of 8.85%. The net profit attributable to the parent company was -65.883 million yuan, reflecting a significant year-on-year decline of 529.94% [2]. - Since its A-share listing, Lihexing has distributed a total of 27.27 million yuan in dividends, with 11.6872 million yuan distributed over the past three years [2]. Shareholder Structure Summary - As of September 30, the number of shareholders for Lihexing reached 46,000, an increase of 168.43% compared to the previous period. However, the average circulating shares per person decreased by 62.75% to 4,112 shares [2]. - Notably, the fund Penghua Carbon Neutral Theme Mixed A (016530) has exited the list of the top ten circulating shareholders as of September 30, 2025 [2].