Core Viewpoint - Zhaomin Technology experienced a 3.24% decline in stock price on August 26, with a trading volume of 363 million yuan, indicating potential market volatility and investor sentiment shifts [1] Financing Summary - On August 26, Zhaomin Technology had a financing buy-in amount of 38.50 million yuan and a financing repayment of 37.51 million yuan, resulting in a net financing buy of 0.99 million yuan [1] - The total financing and securities balance for Zhaomin Technology reached 233 million yuan, accounting for 2.02% of its market capitalization, which is above the 70th percentile of the past year [1] - The company had no short selling activity on August 26, with a short selling balance of 0.00 shares, indicating a lack of bearish sentiment [1] Business Performance - As of August 20, Zhaomin Technology had 25,700 shareholders, an increase of 5.14%, while the average number of circulating shares per shareholder decreased by 4.69% to 8,914 shares [2] - For the first quarter of 2025, Zhaomin Technology reported a revenue of 190 million yuan, representing a year-on-year growth of 20.20%, and a net profit attributable to shareholders of 36.49 million yuan, up 2.84% year-on-year [2] Dividend and Shareholding Structure - Since its A-share listing, Zhaomin Technology has distributed a total of 396 million yuan in dividends, with 252 million yuan distributed over the past three years [3] - As of March 31, 2025, the top ten circulating shareholders included notable institutional investors, with significant increases in holdings from several funds, indicating growing institutional interest [3]