TRS(SZ:002567) Xin Lang Zheng Quan·2025-12-05 01:21Core Viewpoint - Tangrenshen experienced a decline of 1.75% on December 4, with a trading volume of 113 million yuan, indicating a challenging market environment for the company [1]. Group 1: Financial Performance - For the period from January to September 2025, Tangrenshen reported operating revenue of 18.586 billion yuan, representing a year-on-year growth of 8.87% [2]. - The company recorded a net profit attributable to shareholders of -365 million yuan, reflecting a significant year-on-year decrease of 243.80% [2]. - Cumulative cash dividends since the A-share listing amount to 972 million yuan, with 50.9 million yuan distributed over the past three years [2]. Group 2: Shareholder and Market Activity - As of September 30, 2025, the number of shareholders for Tangrenshen was 73,700, a decrease of 6.04% from the previous period [2]. - The average number of circulating shares per shareholder increased by 6.43% to 19,426 shares [2]. - The financing balance for Tangrenshen as of December 4 was 401 million yuan, accounting for 6.22% of the circulating market value, which is below the 10% percentile level over the past year [1]. Group 3: Institutional Holdings - The third-largest circulating shareholder is the Guotai Zhongzheng Livestock Breeding ETF, holding 31.8297 million shares, an increase of 11.4298 million shares from the previous period [2]. - The fourth-largest shareholder, the Southern Zhongzheng 1000 ETF, holds 13.1028 million shares, a decrease of 170,800 shares [2]. - New institutional investors include CITIC Jiantou Value Growth Mixed A, which holds 8.2 million shares [2].