Xin Lang Cai Jing·2025-11-28 02:41Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant fluctuations in financing activities and stock performance, with a notable increase in net profit despite a decrease in revenue for the first nine months of 2025 [1][2]. Financing Activities - On November 27, Luoyang Molybdenum experienced a financing buy-in of 210 million yuan, with a net financing outflow of approximately 21.69 million yuan [1]. - The total financing balance reached 3.19 billion yuan, accounting for 1.14% of the circulating market value, indicating a high level of financing activity compared to the past year [1]. - The company had a margin balance that exceeded the 80th percentile of the past year, suggesting elevated borrowing levels [1]. Stock Performance - On November 27, the stock price of Luoyang Molybdenum fell by 0.19%, with a trading volume of 2.686 billion yuan [1]. - The company had a margin sell-out of 69,900 shares on the same day, with a total sell-out value of approximately 1.11 million yuan [1]. Business Overview - Luoyang Molybdenum primarily engages in the mining, processing, and trading of rare metals such as molybdenum, tungsten, and gold, with a diverse revenue structure [2]. - As of September 30, 2025, the company reported a revenue of 145.49 billion yuan, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.28 billion yuan [2]. Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, which increased its holdings by 47.47 million shares [3]. - The company has seen a rise in the number of shareholders, with a total of 304,200, reflecting an increase of 28.08% compared to the previous period [2].