Core Viewpoint - Bohai Ferry's stock price has shown a mixed performance in recent trading sessions, with a year-to-date increase of 21.74% but a decline over the last 20 and 60 days, indicating potential volatility in the market [1][2]. Financial Performance - For the first half of 2025, Bohai Ferry reported a revenue of 728 million yuan, a year-on-year decrease of 5.02%, and a net profit attributable to shareholders of 102 million yuan, down 2.95% compared to the previous year [2]. - Cumulatively, since its A-share listing, Bohai Ferry has distributed a total of 2.122 billion yuan in dividends, with 924 million yuan distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Bohai Ferry increased to 24,300, reflecting a 1.48% rise, while the average number of circulating shares per person decreased by 1.45% to 19,326 shares [2]. - New institutional shareholders include Invesco Great Wall CSI Dividend Low Volatility 100 ETF, holding 6.2048 million shares, and several other funds that have recently entered the top ten shareholders list [3]. Stock Market Activity - On October 14, Bohai Ferry's stock rose by 2.04%, reaching 9.52 yuan per share, with a trading volume of approximately 48.6946 million yuan and a turnover rate of 1.10% [1]. - The stock has experienced a net inflow of 485,700 yuan from major funds, with significant buying and selling activity noted in large orders [1].