Core Viewpoint - Hanshuo Technology experienced a decline of 1.28% in stock price on August 26, with a trading volume of 199.9 million yuan, indicating potential market concerns regarding its financial performance and investor sentiment [1]. Financing and Trading Data - On August 26, Hanshuo Technology had a financing buy-in amount of 19.93 million yuan and a financing repayment of 32.46 million yuan, resulting in a net financing buy of -12.52 million yuan [1]. - As of August 26, the total balance of margin trading for Hanshuo Technology was 134 million yuan, which accounts for 7.23% of its circulating market value [1]. - There were no shares sold or repaid in the securities lending market on the same day, indicating a lack of short-selling activity [1]. Company Overview - Hanshuo Technology, established on September 14, 2012, is located in Jiaxing, Zhejiang Province, and focuses on IoT wireless communication technology, primarily in the retail store digitalization sector [1]. - The company's main revenue sources include electronic price tag terminals (91.01%), accessories and other smart hardware (4.69%), and software, SaaS, installation, and other services (4.30%) [1]. Financial Performance - For the first half of 2025, Hanshuo Technology reported a revenue of 1.974 billion yuan, a year-on-year decrease of 6.73%, and a net profit attributable to shareholders of 222 million yuan, down 41.68% compared to the previous year [2]. - Cumulative cash dividends paid by Hanshuo Technology since its A-share listing amount to 64.2048 million yuan [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Hanshuo Technology was 19,300, a decrease of 26.14% from the previous period, while the average circulating shares per person increased by 35.40% to 1,642 shares [2]. - The top circulating shareholders include various funds, with the largest being the Fortune Innovation Trend Stock Fund, holding 728,500 shares as a new shareholder [3].