Company Overview - Entropy Technology Co., Ltd. is located in Dongguan, Guangdong Province, established on December 14, 2007, and listed on August 17, 2022. The company specializes in biometric recognition technology, providing smart entrance management, identity verification, smart office products, and solutions as a national high-tech enterprise [1]. Stock Performance - As of September 3, Entropy Technology's stock price fell by 2.92% to 31.63 CNY per share, with a trading volume of 268 million CNY and a turnover rate of 7.32%. The total market capitalization is 7.444 billion CNY. The stock has experienced a continuous decline for four days, with a cumulative drop of 11.77% during this period [1]. Revenue Composition - The revenue composition of Entropy Technology is as follows: Smart Space accounts for 73.84%, Smart Office 18.33%, Digital Identity Authentication 4.32%, Smart Business 3.11%, and Other Products 0.39% [1]. Major Shareholders - Among the top ten circulating shareholders, a fund under Cinda Australia Fund ranks as a significant holder. The Xin'ao Core Technology Mixed A Fund (007484) entered the top ten in the second quarter, holding 405,200 shares, which is 0.44% of the circulating shares. The estimated floating loss today is approximately 385,000 CNY, with a total floating loss of 1.7101 million CNY over the four-day decline [2]. Fund Performance - The Xin'ao Core Technology Mixed A Fund (007484) was established on August 14, 2019, with a latest scale of 626 million CNY. Year-to-date returns are 32.35%, ranking 1921 out of 8180 in its category. Over the past year, the fund has achieved a return of 101.32%, ranking 339 out of 7967. Since inception, the fund has returned 131.11% [2]. Fund Manager Information - The fund manager of Xin'ao Core Technology Mixed A is Xu Cong, who has been in the position for 2 years and 295 days. The total asset scale of the fund is 716 million CNY, with the best return during the tenure being 22.87% and the worst return being 6.53% [2].

Core Insights - The stock of Entropy Technology increased by 10.27% on August 28, with a trading volume of 826 million yuan [1] - As of August 28, the total margin balance for Entropy Technology was 207 million yuan, representing 5.06% of its market capitalization [1] - The company reported a revenue of 929 million yuan for the first half of 2025, reflecting a year-on-year growth of 2.90% [2] Financing and Margin Trading - On August 28, Entropy Technology had a financing buy-in amount of 90.425 million yuan, with a net buy of 6.0717 million yuan [1] - The financing balance of 207 million yuan is above the 90th percentile of the past year, indicating a high level of margin trading activity [1] - There were no short sales or short positions reported on August 28, with the short balance at zero [1] Business Performance - The company’s main business segments include smart space (73.84%), smart office (18.33%), digital identity authentication (4.32%), and smart commerce (3.11%) [1] - The number of shareholders increased by 25.78% to 22,200 as of June 30, 2025, while the average number of circulating shares per person decreased by 4.83% [2] - The net profit attributable to the parent company for the first half of 2025 was 93.236 million yuan, showing an 18.56% increase year-on-year [2] Shareholder and Dividend Information - Since its A-share listing, Entropy Technology has distributed a total of 236 million yuan in dividends [3] - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited and other institutional investors, with notable increases in holdings [3]

Group 1 - The core point of the news is that Entropy Technology (301330) will have 22,217,900 restricted shares released on August 18, accounting for 9.44% of the total share capital [1] - In the past year, a total of 8,635,000 shares have been released, representing 3.67% of the total share capital [1] - After this release, there will still be 121 million restricted shares, which is 51.6% of the total share capital [1] Group 2 - Entropy Technology reported a main revenue of 414 million yuan in Q1 2025, an increase of 3.5% year-on-year [2] - The net profit attributable to the parent company was 29.4627 million yuan, up 11.88% year-on-year [2] - The company has a debt ratio of 16.59% and a gross profit margin of 50.96% [2] - The company is focused on three main business segments: smart access, smart identity verification, and smart office, while also expanding into the smart retail cloud service sector [2]