兆龙互连跌5.19%，成交额4.51亿元，近3日主力净流入-1.66亿

Core Viewpoint - Zhaolong Interconnect experienced a decline of 5.19% in stock price, with a trading volume of 4.51 billion yuan and a market capitalization of 16.442 billion yuan [1] Group 1: Company Overview - Zhaolong Interconnect Technology Co., Ltd. was established on August 21, 1995, and went public on December 7, 2020. The company specializes in the design, manufacturing, and sales of data cables, specialized cables, and connection products [7] - The revenue composition of Zhaolong Interconnect includes: 43.60% from category 6 and below data communication cables, 20.81% from category 6A and above data communication cables, 18.04% from specialized cables, 11.62% from connection products, and 5.94% from other sources [7] - As of September 30, 2025, the number of shareholders reached 38,100, an increase of 8.59% from the previous period, with an average of 6,721 circulating shares per person, a decrease of 7.49% [7] Group 2: Financial Performance - For the period from January to September 2025, Zhaolong Interconnect achieved a revenue of 1.518 billion yuan, representing a year-on-year growth of 13.28%, and a net profit attributable to shareholders of 138 million yuan, reflecting a year-on-year increase of 53.82% [7] - The company has distributed a total of 113 million yuan in dividends since its A-share listing, with 82.34 million yuan distributed over the past three years [8] Group 3: Market Position and Trends - Zhaolong Interconnect has established itself as a core partner in the active cable (AEC) sector for leading international interconnect solution providers, leveraging its technological expertise in high-speed cable [2] - The company’s optical products include fiber optic jumpers and connectors, primarily serving high-end projects in finance, education, healthcare, and exhibitions, while also expanding into overseas markets [2] - Zhaolong Interconnect is one of the few companies capable of designing and manufacturing data cables of category 6 and above, meeting the new data transmission demands of the 5G era [2] Group 4: Investment and Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 61.93% of total revenue as of the 2024 annual report [3] - The stock has seen a recent average trading cost of 55.55 yuan, with the current price approaching a resistance level of 52.97 yuan, indicating potential for upward movement if this level is surpassed [6]