Company Overview - Zhangyue Technology, established on September 8, 2008, and listed on September 21, 2017, is based in Chaoyang District, Beijing. The company primarily operates in the internet digital reading platform services, including paid digital reading and commercial value-added services, as well as copyright product business [2]. Financial Performance - For the first half of 2025, Zhangyue Technology achieved operating revenue of 1.526 billion yuan, representing a year-on-year growth of 14.58%. However, the net profit attributable to the parent company was -160 million yuan, a significant decrease of 235.68% year-on-year [2]. - Since its A-share listing, Zhangyue Technology has distributed a total of 302 million yuan in dividends, with 123 million yuan distributed over the past three years [3]. Stock Performance - As of September 16, 2023, Zhangyue Technology's stock price increased by 2.01%, reaching 20.33 yuan per share, with a trading volume of 83.303 million yuan and a turnover rate of 0.93%. The total market capitalization stands at 8.923 billion yuan [1]. - Year-to-date, the stock price has risen by 0.59%, with a 3.46% increase over the last five trading days, but has seen a decline of 4.55% over the past 20 days and 5.31% over the last 60 days [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Zhangyue Technology was 63,100, an increase of 2.25% from the previous period. The average number of circulating shares per person decreased by 2.20% to 6,960 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 9.1564 million shares, an increase of 1.1946 million shares from the previous period. The Southern CSI 1000 ETF is a new entrant in the top ten, holding 2.4261 million shares [3].