Core Insights - On November 17, Puhua Technology's stock rose by 0.62%, with a trading volume of 409 million yuan, indicating positive market sentiment towards the company [1] - The company reported a financing buy-in of 63.42 million yuan and a net financing buy of 12.34 million yuan on the same day, reflecting strong investor interest [1] - As of November 17, the total financing and securities lending balance for Puhua Technology reached 1.228 billion yuan, which is at a high level compared to the past year [1] Financing and Securities Lending - On November 17, Puhua Technology's financing buy-in was 63.42 million yuan, with a financing balance of 1.224 billion yuan, accounting for 6.52% of its market capitalization [1] - The financing balance is above the 90th percentile of the past year, indicating a high level of leverage [1] - In terms of securities lending, the company had a securities lending balance of 4.00 million yuan, also exceeding the 90th percentile of the past year [1] Company Performance - As of September 30, the number of shareholders for Puhua Technology was 28,800, a decrease of 7.01% from the previous period, while the average circulating shares per person increased by 7.54% to 23,639 shares [2] - For the period from January to September 2025, Puhua Technology reported a revenue of 3.152 billion yuan, a year-on-year decrease of 7.82%, and a net profit attributable to shareholders of 17.56 million yuan, down 3.80% year-on-year [2] Dividend and Shareholding Structure - Since its A-share listing, Puhua Technology has distributed a total of 490 million yuan in dividends, with 130 million yuan distributed over the past three years [3] - As of September 30, 2025, the fifth-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 20.11 million shares, an increase of 4.90 million shares from the previous period [3] - Changcheng Jiujia Innovation Growth Mixed A (004666) is a new shareholder, ranking as the ninth-largest circulating shareholder with 7.70 million shares [3]

Core Insights - On November 5, Puhua Technology's stock rose by 2.28%, with a trading volume of 359 million yuan, indicating positive market sentiment towards the company [1] - As of September 30, Puhua Technology reported a revenue of 3.152 billion yuan for the first nine months of 2025, reflecting a year-on-year decrease of 7.82% [2] Financing and Margin Trading - On November 5, Puhua Technology had a financing buy-in amount of 46.43 million yuan, with a net financing buy of -0.369 million yuan, indicating a slight outflow in financing [1] - The total margin trading balance for Puhua Technology reached 1.184 billion yuan, accounting for 6.78% of its market capitalization, which is above the 90th percentile of the past year [1] - The company had a margin loan balance of 214.18 million yuan, with a short-selling volume of 8.36 million shares, indicating a relatively high level of short interest [1] Shareholder and Dividend Information - As of September 30, the number of shareholders for Puhua Technology decreased by 7.01% to 28,800, while the average number of circulating shares per person increased by 7.54% to 23,639 shares [2] - Since its A-share listing, Puhua Technology has distributed a total of 490 million yuan in dividends, with 130 million yuan distributed over the past three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited increased its holdings by 4.9016 million shares, while Changcheng Jiujia Innovation Growth Mixed A became a new shareholder with 7.7 million shares [3]

Core Viewpoint - On October 15, Puhua Technology's stock rose by 1.57%, with a trading volume of 318 million yuan, indicating a positive market response despite a net financing outflow [1] Financing Summary - On October 15, Puhua Technology had a financing buy-in amount of 32.14 million yuan and a financing repayment of 41.55 million yuan, resulting in a net financing outflow of 9.41 million yuan [1] - As of October 15, the total financing and securities lending balance for Puhua Technology was 1.16 billion yuan, with the financing balance accounting for 6.93% of the circulating market value, which is above the 90th percentile of the past year [1] - The company had a securities lending repayment of 1,900 shares and a securities lending sell-out of 5,600 shares, with a sell-out amount of 137,400 yuan, while the securities lending balance was 927,200 yuan, below the 30th percentile of the past year [1] Business Performance - As of June 30, Puhua Technology reported a total of 31,000 shareholders, an increase of 1.45% from the previous period, with an average of 21,982 circulating shares per person, a decrease of 1.17% [2] - For the first half of 2025, Puhua Technology achieved an operating income of 2.02 billion yuan, a year-on-year decrease of 16.96%, and a net profit attributable to shareholders of -20.80 million yuan, a year-on-year decrease of 152.91% [2] Dividend and Shareholding - Since its A-share listing, Puhua Technology has distributed a total of 490 million yuan in dividends, with 130 million yuan distributed over the past three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder, holding 15.21 million shares, an increase of 4.32 million shares from the previous period [3]

融券方面，普天科技9月24日融券偿还6.02万股，融券卖出3.96万股，按当日收盘价计算，卖出金额 115.04万元；融券余量9.73万股，融券余额282.66万元，超过近一年70%分位水平，处于较高位。 机构持仓方面，截止2025年6月30日，普天科技十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股1520.50万股，相比上期增加432.04万股。 责任编辑：小浪快报 资料显示，中电科普天科技股份有限公司位于广东省广州市新港中路381号普天科技大楼，成立日期 1994年11月19日，上市日期2011年1月28日，公司主营业务涉及信息网络建设技术服务及通信类印制电 路板的生产及销售;通信解决方案和通信设备制造、通信工程监理、电力自动化及卫星导航运营服务等 内容。主营业务收入构成为：公网通信36.06%，专网通信与智慧应用35.41%，智能制造28.53%。 9月24日，普天科技涨1.18%，成交额10.93亿元。两融数据显示，当日普天科技获融资买入额9785.36万 元，融资偿还9841.39万元，融资净买入-56.03万元。截至9月24日，普天科技融资融券余额合计11.28亿 元。 截至6月3 ...