Group 1 - On November 11, Jiusheng Electric's stock rose by 2.26%, with a trading volume of 382 million yuan. The financing buy amount was 35.84 million yuan, while the financing repayment was 47.67 million yuan, resulting in a net financing buy of -11.83 million yuan. The total financing and securities balance reached 141 million yuan [1] - As of November 11, Jiusheng Electric's financing balance was 141 million yuan, accounting for 2.99% of its circulating market value. This financing balance is above the 50th percentile level over the past year, indicating a relatively high position [1] - Jiusheng Electric's main business includes the research, production, sales, and service of fire-resistant special cables and power cables. The revenue composition is as follows: plastic insulated cables 44.51%, inorganic mineral insulated metal sheath cables 19.56%, power cables 18.88%, mineral insulated cables 12.48%, and others 4.57% [1] Group 2 - As of September 30, Jiusheng Electric had 22,900 shareholders, a decrease of 23.80% from the previous period. The average circulating shares per person increased by 31.24% to 9,149 shares [2] - For the period from January to September 2025, Jiusheng Electric achieved operating revenue of 1.833 billion yuan, a year-on-year increase of 32.89%. The net profit attributable to the parent company was 32.59 million yuan, reflecting a year-on-year growth of 61.10% [2] - Jiusheng Electric has distributed a total of 133 million yuan in dividends since its A-share listing, with 84.06 million yuan distributed over the past three years [3]

Core Viewpoint - Jiusong Electric experienced a slight decline in stock price, with significant trading activity and high financing levels indicating investor interest and potential volatility [1][2]. Financing and Trading Activity - On November 6, Jiusong Electric's stock fell by 0.77%, with a trading volume of 6.92 billion yuan. The financing buy-in amounted to 54.97 million yuan, while financing repayment was 50.05 million yuan, resulting in a net financing buy of 4.92 million yuan. The total financing and securities balance reached 161 million yuan [1]. - The current financing balance of 161 million yuan represents 3.48% of the circulating market value, exceeding the 80th percentile level over the past year, indicating a high financing level [1]. - No shares were sold or repaid in the securities lending market on November 6, with a total securities lending balance of 0, also indicating a high percentile level over the past year [1]. Company Performance - As of September 30, Jiusong Electric had 22,900 shareholders, a decrease of 23.80% from the previous period, while the average circulating shares per person increased by 31.24% to 9,149 shares [2]. - For the period from January to September 2025, Jiusong Electric reported revenue of 1.833 billion yuan, a year-on-year increase of 32.89%, and a net profit attributable to shareholders of 32.5855 million yuan, reflecting a growth of 61.10% [2]. Dividend and Shareholder Information - Since its A-share listing, Jiusong Electric has distributed a total of 133 million yuan in dividends, with 84.0577 million yuan distributed over the past three years [3]. - As of September 30, 2025, among the top ten circulating shareholders, the Dazheng Zhongzheng 360 Internet + Index A (002236) is the fifth largest shareholder, holding 905,900 shares as a new investor [3].

Core Viewpoint - Jiusong Electric, established in 2004 and listed in 2021, is a significant player in the domestic special cable sector, focusing on fire-resistant cables and holding multiple technology patents [1] Financial Performance - In Q3 2025, Jiusong Electric reported revenue of 1.833 billion, ranking 29th in the industry, significantly lower than the top competitor Baoshen Co. at 37.65 billion and the second competitor Far East Co. at 20.209 billion [2] - The company's net profit for the same period was 32.5855 million, also ranking 29th, far below the industry leader Dongfang Cable at 914 million and second place Jinbei Electric at 536 million [2] Financial Ratios - As of Q3 2025, Jiusong Electric's debt-to-asset ratio was 73.09%, an increase from 67.44% year-on-year, and above the industry average of 54.36% [3] - The gross profit margin for Q3 2025 was 12.04%, down from 12.55% year-on-year and below the industry average of 13.49% [3] Executive Compensation - The chairman and general manager, Zhang Jianhua, received a salary of 1.2093 million in 2024, a slight decrease from 1.214 million in 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 23.80% to 22,900, while the average number of circulating A-shares held per shareholder increased by 31.24% to 9,149.13 [5]

Core Insights - Jiusong Electric experienced a 1.22% decline in stock price on October 24, with a trading volume of 247 million yuan [1] - The company reported a financing buy-in of 24.09 million yuan and a financing repayment of 26.18 million yuan on the same day, resulting in a net financing outflow of 2.09 million yuan [1] - As of October 24, the total margin balance for Jiusong Electric was 147 million yuan, representing 3.49% of its market capitalization [1] Financing Summary - On October 24, Jiusong Electric had a financing buy-in of 24.09 million yuan, with a current financing balance of 147 million yuan, which is above the 60th percentile of the past year [1] - The margin trading data indicates that there were no shares sold or repaid in the short selling segment on the same day, with a short selling balance of 0 [1] Company Overview - Jiusong Electric, established on May 19, 2004, and listed on October 27, 2021, is located in Huzhou, Zhejiang Province [1] - The company's main business includes the research, production, sales, and service of fire-resistant special cables and power cables [1] - The revenue composition of Jiusong Electric is as follows: plastic insulated cables (44.51%), inorganic mineral insulated metal sheath cables (19.56%), power cables (18.88%), mineral insulated cables (12.48%), and others (4.57%) [1] Financial Performance - As of June 30, Jiusong Electric had 30,000 shareholders, a decrease of 8.18% from the previous period, while the average number of circulating shares per person increased by 112.74% to 6,971 shares [2] - For the first half of 2025, the company achieved a revenue of 1.205 billion yuan, reflecting a year-on-year growth of 35.95%, while the net profit attributable to the parent company was 11.155 million yuan, a decrease of 28.18% year-on-year [2] Dividend Information - Since its A-share listing, Jiusong Electric has distributed a total of 133 million yuan in dividends, with 84.057 million yuan distributed over the past three years [3]

Group 1 - The core viewpoint of the news is that Jiusheng Electric has shown significant trading activity and financial performance, with a notable increase in revenue but a decrease in net profit [1][2]. Group 2 - On September 15, Jiusheng Electric's stock rose by 1.88%, with a trading volume of 238 million yuan. The financing buy-in amount for that day was 19.05 million yuan, while the net financing buy-in was 5.89 million yuan [1]. - As of September 15, the total balance of margin trading for Jiusheng Electric was 141 million yuan, accounting for 3.29% of its market capitalization, which is above the 60th percentile level over the past year [1]. - The company had no short selling activity on September 15, with a short selling balance of 0, indicating a high level of confidence among investors [1]. Group 3 - As of June 30, Jiusheng Electric had 30,000 shareholders, a decrease of 8.18% from the previous period, while the average circulating shares per person increased by 112.74% to 6,971 shares [2]. - For the first half of 2025, Jiusheng Electric reported a revenue of 1.205 billion yuan, representing a year-on-year growth of 35.95%. However, the net profit attributable to shareholders decreased by 28.18% to 11.155 million yuan [2]. Group 4 - Since its A-share listing, Jiusheng Electric has distributed a total of 133 million yuan in dividends, with 84.057 million yuan distributed over the past three years [3].

Summary of Key Points Core Viewpoint - Jiusong Electric experienced a stock price increase of 1.37% on August 25, with a trading volume of 169 million yuan, indicating positive market sentiment towards the company [1]. Financing and Margin Trading - On August 25, Jiusong Electric had a financing buy-in amount of 11.36 million yuan and a financing repayment of 17.98 million yuan, resulting in a net financing buy of -6.62 million yuan [1]. - As of August 25, the total margin trading balance for Jiusong Electric was 149 million yuan, which accounts for 3.42% of its circulating market value, indicating a high level of financing activity compared to the past year [1]. - The company had no short selling activity on August 25, with both short selling and short balance at zero, also reflecting a high level compared to the past year [1]. Company Profile - Jiusong Electric, established on May 19, 2004, and listed on October 27, 2021, is located in Huzhou, Zhejiang Province. The company specializes in the research, production, sales, and service of fire-resistant special cables and power cables [1]. - The revenue composition of Jiusong Electric includes: plastic insulated cables (44.51%), inorganic mineral insulated metal sheathed cables (19.56%), power cables (18.88%), mineral insulated cables (12.48%), and others (4.57%) [1]. Financial Performance - For the period from January to March 2025, Jiusong Electric reported a revenue of 471 million yuan, representing a year-on-year growth of 24.01%. However, the net profit attributable to the parent company was -6.62 million yuan, a significant decrease of 203.51% compared to the previous period [2]. - As of March 31, the number of shareholders for Jiusong Electric was 32,700, an increase of 70.93% from the previous period, while the average circulating shares per person decreased by 31.49% to 3,276 shares [2]. Dividend Distribution - Since its A-share listing, Jiusong Electric has distributed a total of 133 million yuan in dividends, with 84.06 million yuan distributed over the past three years [3].