Yunnan Germanium(SZ:002428) Xin Lang Cai Jing·2025-12-26 03:43Core Viewpoint - Yunnan Ge Industry's stock price has shown significant volatility, with a year-to-date increase of 60.73%, but recent trading indicates a net outflow of funds, suggesting potential investor caution [1][2]. Group 1: Company Overview - Yunnan Ge Industry, established on August 19, 1998, and listed on June 8, 2010, specializes in germanium mining, refining, and deep processing, with key products including zone-refined germanium ingots and infrared-grade germanium single crystals [2]. - The company's revenue composition includes material-grade germanium products (29.26%), photovoltaic-grade germanium products (23.34%), optical fiber-grade germanium products (21.98%), infrared-grade germanium products (12.45%), compound semiconductor materials (10.54%), and others (2.44%) [2]. - The company operates within the non-ferrous metals sector, specifically in small metals, and is associated with concepts such as third-generation semiconductors and aerospace military [2]. Group 2: Financial Performance - For the period from January to September 2025, Yunnan Ge Industry reported a revenue of 799 million yuan, reflecting a year-on-year growth of 58.89%, while the net profit attributable to shareholders decreased by 38.43% to 18.15 million yuan [2]. - The company has distributed a total of 179 million yuan in dividends since its A-share listing, with 32.66 million yuan distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Yunnan Ge Industry increased to 88,900, with an average of 7,349 circulating shares per person, a decrease of 2.65% from the previous period [2]. - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 10.59 million shares, and Southern CSI 1000 ETF, which reduced its holdings by 49,500 shares [3].