Zheng Quan Shi Bao Wang·2025-11-24 13:18Core Viewpoint - The article highlights a trend of decreasing shareholder accounts among 467 companies, indicating a concentration of shares, with some companies experiencing continuous declines for up to 10 periods [1][2]. Group 1: Shareholder Account Trends - 60 companies have reported a continuous decrease in shareholder accounts for more than three periods, with the most significant decline being 38.45% for Rundou Co., which has seen a decrease for 10 consecutive periods [1]. - Mingpai Jewelry also experienced a 30.49% decline in shareholder accounts over 10 periods, with the latest count at 28,500 [1]. - Other companies with notable declines include Yihua New Materials and *ST Huike, among others [1]. Group 2: Market Performance - Among the companies with decreasing shareholder accounts, 13 have seen their stock prices rise, while 47 have experienced declines, with Allianz Ruishi, Boying Special Welding, and Lijun Thermal Energy showing the highest increases of 30.34%, 14.79%, and 13.84%, respectively [2]. - 15 companies outperformed the Shanghai Composite Index during this period, with Allianz Ruishi achieving a relative return of 29.90% [2]. Group 3: Industry and Sector Analysis - The industries with the highest concentration of companies experiencing declining shareholder accounts include machinery, automotive, and public utilities, with 8, 6, and 5 companies, respectively [2]. - The distribution of these companies shows that 37 are listed on the main board, 22 on the ChiNext, and 1 on the Sci-Tech Innovation Board [2]. Group 4: Institutional Activity - In the past month, 11 companies with decreasing shareholder accounts have been subject to institutional research, with Boying Special Welding, Shuanghui Development, and Changhua Group receiving the most attention, with 12, 2, and 2 research instances, respectively [2]. - The companies with the highest number of participating institutions in research include Boying Special Welding (164 institutions), Bozhong Precision Engineering (43), and Yingli Co. (36) [2].