Core Viewpoint - Xinde New Materials experienced a decline of 1.52% in stock price on October 10, with a trading volume of 135 million yuan, indicating potential volatility in the market [1] Financing and Margin Trading - On October 10, Xinde New Materials had a financing buy-in amount of 16.79 million yuan and a financing repayment of 15.52 million yuan, resulting in a net financing buy of 1.28 million yuan [1] - The total margin trading balance for Xinde New Materials reached 103 million yuan, accounting for 5.32% of its circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1] - There were no shares sold or repaid in the securities lending market on October 10, with a total securities lending balance of 0, also reflecting a high percentile level over the past year [1] Company Overview - Xinde New Materials, established on November 7, 2000, and listed on September 9, 2022, is located in Dalian, Liaoning Province, and specializes in the research, production, and sales of anode coating materials [1] - The company's main revenue sources include anode coating materials (43.10%), naphthalene cracking fractions (34.33%), carbon black raw oil (21.75%), carbon fiber products (0.53%), resin (0.20%), and others (0.09%) [1] Financial Performance - As of June 30, the number of shareholders for Xinde New Materials increased to 15,300, a rise of 77.97%, while the average circulating shares per person decreased by 43.81% to 2,745 shares [2] - For the first half of 2025, Xinde New Materials reported a revenue of 510 million yuan, representing a year-on-year growth of 41.31%, and a net profit attributable to shareholders of 9.81 million yuan, which is a significant increase of 169.28% year-on-year [2] Dividend and Institutional Holdings - Since its A-share listing, Xinde New Materials has distributed a total of 98.31 million yuan in dividends [3] - As of June 30, 2025, notable changes in institutional holdings include the exit of two funds from the top ten circulating shareholders list [3]