Hongfa(SH:600885) Xin Lang Cai Jing·2025-11-24 06:16Core Viewpoint - Hongfa Technology Co., Ltd. has shown a significant increase in stock price this year, with a year-to-date rise of 29.82%, despite a recent decline in the last five trading days [1][2]. Financial Performance - For the period from January to September 2025, Hongfa achieved a revenue of 12.914 billion yuan, representing a year-on-year growth of 18.82%, and a net profit attributable to shareholders of 1.470 billion yuan, up 15.78% year-on-year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 49,500, a rise of 66.96%, while the average circulating shares per person decreased by 40.11% to 29,476 shares [2]. - The company has distributed a total of 2.987 billion yuan in dividends since its A-share listing, with 1.370 billion yuan distributed in the last three years [3]. Stock Market Activity - On November 24, Hongfa's stock price rose by 2.04% to 29.03 yuan per share, with a trading volume of 354 million yuan and a turnover rate of 0.84%, leading to a total market capitalization of 43.011 billion yuan [1]. - The net outflow of main funds was 7.5195 million yuan, with large orders showing a buy of 51.2397 million yuan and a sell of 57.8643 million yuan [1]. Business Overview - Hongfa specializes in the production and sales of relays, with relay products accounting for 91.22% of its main business revenue, followed by electrical products at 4.63% and other products at 3.81% [1]. - The company is categorized under the power equipment industry, specifically in grid automation equipment, and is involved in sectors such as rural power grids, solar energy, and smart grids [1].