HACL(SH:600598) Xin Lang Cai Jing·2026-01-22 06:13Core Viewpoint - The stock of Beidahuang has shown a positive trend with a 5.55% increase year-to-date and a market capitalization of 28.05 billion yuan as of January 22, 2025 [1] Company Overview - Beidahuang Agricultural Co., Ltd. is located in Harbin, Heilongjiang Province, established on November 27, 1998, and listed on March 29, 2002. The company engages in land leasing, crop planting and sales, agricultural technology services, real estate development, and fertilizer manufacturing [1] - The main revenue sources are land leasing fees (62.16%), agricultural material sales (33.85%), and other sales/services [1] Financial Performance - For the period from January to September 2025, Beidahuang reported operating revenue of 4.108 billion yuan, a year-on-year decrease of 5.73%, while net profit attributable to shareholders was 1.357 billion yuan, reflecting a year-on-year increase of 0.70% [2] - The company has distributed a total of 11.157 billion yuan in dividends since its A-share listing, with 2.507 billion yuan distributed over the last three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders is 104,500, a decrease of 10.26% from the previous period, with an average of 17,013 circulating shares per person, an increase of 11.43% [2] - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with notable changes in their holdings [3]