沧州明珠跌2.02%，成交额1.23亿元，主力资金净流出1877.42万元

Group 1 - The core viewpoint of the news is that Cangzhou Mingzhu's stock has experienced fluctuations, with a recent decline of 2.02% and a year-to-date increase of 38.68% [1] - As of December 25, the stock price is reported at 4.84 yuan per share, with a total market capitalization of 7.979 billion yuan [1] - The company has seen a net outflow of main funds amounting to 18.77 million yuan, with significant selling pressure observed [1] Group 2 - For the period from January to September 2025, Cangzhou Mingzhu achieved operating revenue of 2.078 billion yuan, reflecting a year-on-year growth of 5.90% [2] - The net profit attributable to the parent company for the same period was 140 million yuan, showing a slight increase of 0.99% year-on-year [2] - The number of shareholders decreased by 20.98% to 83,800, while the average circulating shares per person increased by 26.55% to 19,680 shares [2] Group 3 - Cangzhou Mingzhu has distributed a total of 1.62 billion yuan in dividends since its A-share listing, with 501 million yuan distributed over the past three years [3] - As of September 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, holding 24.67 million shares, an increase of 12.84 million shares from the previous period [3]