SLC(SH:603648) Xin Lang Cai Jing·2025-11-27 03:04Company Overview - Changlian Co., Ltd. is located in the China (Shanghai) Pilot Free Trade Zone and was established on May 22, 2001. The company was listed on September 13, 2017. Its main business involves providing lean supply chain management services to multinational enterprises [1]. - The revenue composition of Changlian Co., Ltd. is as follows: Supply Chain Logistics 99.85%, Supply Chain Trade 0.11%, and Others 0.04% [1]. Financial Performance - For the period from January to September 2025, Changlian Co., Ltd. achieved an operating income of 1.137 billion yuan, a year-on-year decrease of 10.64%. The net profit attributable to the parent company was 91.2642 million yuan, down 18.85% year-on-year [2]. - Since its A-share listing, Changlian Co., Ltd. has distributed a total of 714 million yuan in dividends, with 362 million yuan distributed over the past three years [3]. Stock Performance - As of November 27, Changlian Co., Ltd.'s stock price increased by 2.45%, reaching 10.47 yuan per share, with a total market capitalization of 3.794 billion yuan [1]. - Year-to-date, the stock price has risen by 5.12%, but it has seen declines of 1.41% over the last five trading days, 3.59% over the last 20 days, and 5.33% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on August 7, where it recorded a net purchase of 39.9407 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders of Changlian Co., Ltd. was 20,400, a decrease of 4.98% from the previous period. The average circulating shares per person increased by 5.24% to 17,797 shares [2]. - Among the top ten circulating shareholders, the China Securities Shanghai State-owned Enterprise ETF (510810) has exited the list [3]. Industry Context - Changlian Co., Ltd. operates within the transportation and logistics sector, specifically in the intermediate products and consumer goods supply chain services. It is associated with concepts such as unified market, free trade port, Yangtze River Delta integration, Shanghai state-owned assets, and smart logistics [2].