Core Viewpoint - Northern Navigation has shown a significant increase in stock price and trading activity, indicating strong investor interest and potential growth in the defense and military sector [1][2]. Group 1: Stock Performance - As of January 22, Northern Navigation's stock price increased by 2.04% to 17.50 CNY per share, with a trading volume of 3.86 billion CNY and a market capitalization of 26.466 billion CNY [1]. - Year-to-date, the stock price has risen by 13.49%, with a 2.89% decline over the last five trading days, a 24.64% increase over the last 20 days, and an 18.00% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on January 13, where it recorded a net buy of -23.8597 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Northern Navigation achieved a revenue of 2.468 billion CNY, representing a year-on-year growth of 210.01%, and a net profit attributable to shareholders of 125 million CNY, up 268.83% year-on-year [2]. - The company has distributed a total of 603 million CNY in dividends since its A-share listing, with 150 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of January 9, 2025, Northern Navigation had 212,800 shareholders, an increase of 41.68% from the previous period, with an average of 7,106 circulating shares per shareholder, a decrease of 29.42% [2]. - The top ten circulating shareholders include notable funds such as the Fortune China Securities Military Industry Leader ETF and Guotai Junan National Security Mixed Fund, with varying changes in their holdings [3].