Core Viewpoint - Guodian NARI Technology Co., Ltd. has experienced a decline in stock price and significant net outflow of funds, while showing growth in revenue and net profit year-on-year [1][2]. Financial Performance - For the period from January to September 2025, Guodian NARI achieved operating revenue of 38.577 billion yuan, representing a year-on-year increase of 19.38% [2]. - The net profit attributable to shareholders for the same period was 4.855 billion yuan, reflecting a year-on-year growth of 8.55% [2]. Stock Performance - As of November 14, Guodian NARI's stock price was 23.91 yuan per share, down 2.01% during the trading session [1]. - Year-to-date, the stock has decreased by 2.97%, with a 4.93% drop over the last five trading days, but has increased by 3.91% over the last 20 days and 10.52% over the last 60 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 150,100, up by 49.47% from the previous period [2]. - The average circulating shares per person decreased by 33.09% to 53,271 shares [2]. Dividend Distribution - Since its A-share listing, Guodian NARI has distributed a total of 24.308 billion yuan in dividends, with 12.674 billion yuan distributed in the last three years [3]. Major Shareholders - As of September 30, 2025, the second-largest circulating shareholder was Hong Kong Central Clearing Limited, holding 777.2 million shares, a decrease of 318 million shares from the previous period [3]. - China Securities Finance Corporation remained the third-largest shareholder with 237 million shares unchanged [3].

Core Viewpoint - Guodian NARI Technology Co., Ltd. has shown a mixed performance in financing activities and stockholder dynamics, with significant revenue growth and a stable profit margin in recent financial reports [1][2][3]. Financing Activities - On September 10, Guodian NARI experienced a financing buy-in of 63.12 million yuan, while financing repayment amounted to 98.69 million yuan, resulting in a net financing outflow of 35.57 million yuan [1]. - As of September 10, the total financing and securities balance for Guodian NARI was 1.736 billion yuan, with the financing balance accounting for 0.97% of the circulating market value, indicating a high level compared to the past year [1]. - The company had a securities lending activity on September 10, with 29,100 shares repaid and 14,400 shares sold, leading to a selling amount of 319,800 yuan [1]. Financial Performance - For the first half of 2025, Guodian NARI reported a revenue of 24.243 billion yuan, reflecting a year-on-year growth of 20.53%, while the net profit attributable to shareholders was 2.952 billion yuan, up by 8.97% year-on-year [2]. - Cumulatively, since its A-share listing, Guodian NARI has distributed a total of 23.134 billion yuan in dividends, with 11.5 billion yuan distributed over the last three years [3]. Shareholder Dynamics - As of June 30, 2025, the number of shareholders for Guodian NARI was 100,400, a decrease of 8.75% from the previous period, while the average circulating shares per person increased by 9.59% to 79,622 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 1.089 billion shares, a reduction of 27.48 million shares compared to the previous period [3].