Core Viewpoint - Nanwei Software experienced a decline of 1.43% in stock price on November 20, with a trading volume of 548 million yuan, indicating a potential market reaction to recent financial performance and trading activities [1] Financing Summary - On November 20, Nanwei Software had a financing buy-in amount of 52.5 million yuan and a financing repayment of 50.9 million yuan, resulting in a net financing buy of 1.6 million yuan [1] - The total financing and securities balance reached 338 million yuan, with financing balance accounting for 4.44% of the circulating market value, indicating a high level compared to the past year [1] - The company had a securities lending repayment of 100 shares and a securities lending sell of 8,100 shares, with a sell amount of 105,900 yuan, and a securities lending balance of 145,450 yuan, also indicating a high level compared to the past year [1] Financial Performance - As of September 30, Nanwei Software reported a total revenue of 604 million yuan for the first nine months of 2025, reflecting a year-on-year growth of 66.52% [2] - The company recorded a net profit attributable to shareholders of -101 million yuan, showing a year-on-year increase of 37.75% [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased to 65,700, up by 4.85%, while the average circulating shares per person decreased by 4.63% to 8,829 shares [2] - Cumulative cash dividends since the A-share listing amount to 512 million yuan, with 77.8 million yuan distributed over the past three years [3] - Major institutional shareholders include Southern CSI 1000 ETF, Hong Kong Central Clearing Limited, and others, with notable reductions in holdings compared to the previous period [3]