Core Viewpoint - Fangzheng Securities experienced a decline in stock price, with a current trading price of 7.94 yuan per share and a total market capitalization of 65.363 billion yuan, reflecting a year-to-date decrease of 3.29% [1] Financial Performance - For the period from January to September 2025, Fangzheng Securities reported an operating revenue of 0.00 yuan and a net profit attributable to shareholders of 3.799 billion yuan, marking a year-on-year increase of 93.31% [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Fangzheng Securities was 195,300, an increase of 0.57% from the previous period, with an average of 42,154 circulating shares per shareholder, a decrease of 0.57% [2] Dividend Distribution - Since its A-share listing, Fangzheng Securities has distributed a total of 3.775 billion yuan in dividends, with 1.674 billion yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the fourth largest circulating shareholder with 361 million shares, a decrease of 294 million shares from the previous period. China Securities Finance Corporation held 139 million shares, unchanged from the previous period [3]