Core Viewpoint - Shunwang Technology experienced a decline of 3.81% in stock price on August 27, with a trading volume of 1.756 billion yuan, indicating market volatility and investor sentiment towards the company [1] Financing and Margin Trading - On August 27, Shunwang Technology had a financing buy-in amount of 219 million yuan and a repayment of 199 million yuan, resulting in a net financing buy of 19.7 million yuan [1] - The total margin trading balance for Shunwang Technology reached 898 million yuan, accounting for 4.76% of its market capitalization, which is above the 60th percentile of the past year, indicating a high level of financing activity [1] - In terms of securities lending, 8,900 shares were repaid and 1,400 shares were sold on August 27, with a selling amount of 38,500 yuan, while the remaining securities lending balance was 133,400 shares, valued at 3.6672 million yuan, also above the 90th percentile of the past year [1] Company Performance - As of June 30, Shunwang Technology reported a total of 57,200 shareholders, a decrease of 10.69% from the previous period, while the average circulating shares per person increased by 10.66% to 9,064 shares [2] - For the first half of 2025, Shunwang Technology achieved a revenue of 1.01 billion yuan, representing a year-on-year growth of 25.09%, and a net profit attributable to shareholders of 162 million yuan, reflecting a significant year-on-year increase of 69.22% [2] Dividend Distribution - Since its A-share listing, Shunwang Technology has distributed a total of 824 million yuan in dividends, with 162 million yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder of Shunwang Technology is Hong Kong Central Clearing Limited, holding 28.3726 million shares, an increase of 257,200 shares from the previous period [3] - The third-largest circulating shareholder is Huaxia CSI Animation Game ETF, holding 11.425 million shares, which increased by 2.0146 million shares [3] - New institutional shareholder, Hua'an Media Internet Mixed A, holds 6.5677 million shares, while Southern CSI 1000 ETF holds 4.4348 million shares, an increase of 804,700 shares [3]