Core Viewpoint - The company, Jiangsu Pioneer Precision Technology Co., Ltd., has shown a decline in stock performance and profitability, with a notable decrease in net profit year-on-year, while maintaining a significant portion of its financing in the market [1][2]. Group 1: Stock Performance - On September 2, Pioneer Precision's stock fell by 3.87%, with a trading volume of 222 million yuan [1]. - The financing buy-in amount on the same day was 29.70 million yuan, while the financing repayment was 26.18 million yuan, resulting in a net financing buy of 3.52 million yuan [1]. - As of September 2, the total financing and securities lending balance was 259 million yuan, accounting for 10.20% of the circulating market value [1]. Group 2: Financial Performance - For the first half of 2025, the company reported a revenue of 655 million yuan and a net profit attributable to shareholders of 106 million yuan, reflecting a year-on-year decrease of 5.39% [2]. - Cumulative cash dividends since the A-share listing amounted to 40.48 million yuan [2]. Group 3: Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 19.95% to 13,000, while the average circulating shares per person increased by 32.91% to 3,104 shares [2]. - The largest circulating shareholder, Southern Information Innovation Mixed A, held 2.25 million shares, an increase of 1.09 million shares compared to the previous period [2]. - New shareholders included Huaxia Stable Growth Mixed and Western Benefit Event-Driven Stock A, with respective holdings of 271,800 shares and 263,400 shares [2].