10月16日，甬金股份（维权）盘中下跌2.05%，截至13:14，报18.15元/股，成交6510.71万元，换手率 0.97%，总市值66.36亿元。 截至9月30日，甬金股份股东户数1.99万，较上期减少0.82%；人均流通股18369股，较上期增加0.82%。 2025年1月-6月，甬金股份实现营业收入201.25亿元，同比减少0.85%；归母净利润3.03亿元，同比减少 29.14%。 分红方面，甬金股份A股上市后累计派现11.75亿元。近三年，累计派现6.63亿元。 资金流向方面，主力资金净流出1377.81万元，特大单买入0.00元，占比0.00%，卖出141.46万元，占比 2.17%；大单买入890.39万元，占比13.68%，卖出2126.74万元，占比32.67%。 机构持仓方面，截止2025年6月30日，甬金股份十大流通股东中，香港中央结算有限公司位居第三大流 通股东，持股1248.42万股，相比上期增加3.28万股。易方达供给改革混合（002910）位居第六大流通股 东，持股734.69万股，相比上期减少610.68万股。易方达资源行业混合（110025）退出十大流通股东之 列。 甬金 ...

Core Viewpoint - Yongjin Co., Ltd. has experienced a decline in stock price and trading activity, indicating potential challenges in its market performance and investor sentiment [1][2]. Group 1: Stock Performance - As of September 18, Yongjin's stock price decreased by 2.01%, trading at 17.56 CNY per share with a total market capitalization of 6.42 billion CNY [1]. - Year-to-date, Yongjin's stock price has fallen by 1.31%, with a 3.83% drop over the last five trading days and a 4.77% decline over the past 20 days [2]. - The company has appeared on the trading leaderboard twice this year, with the most recent instance on June 12, where it recorded a net buy of -60.64 million CNY [2]. Group 2: Financial Performance - For the first half of 2025, Yongjin reported a revenue of 20.125 billion CNY, reflecting a year-on-year decrease of 0.85%, while the net profit attributable to shareholders was 303 million CNY, down 29.14% year-on-year [2]. - Since its A-share listing, Yongjin has distributed a total of 1.175 billion CNY in dividends, with 663 million CNY paid out over the last three years [3]. Group 3: Shareholder and Institutional Holdings - As of June 30, 2025, Yongjin had 20,000 shareholders, an increase of 2.42% from the previous period, with an average of 18,248 shares held per shareholder, down 2.37% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 12.4842 million shares, an increase of 32,800 shares from the previous period [3].

Core Viewpoint - Yongjin Co., Ltd. has shown a positive stock performance with a year-to-date increase of 6.05% and a recent uptick in trading activity, indicating potential investor interest and market confidence [2]. Group 1: Stock Performance - As of August 26, Yongjin's stock price rose by 2.00% to 18.87 CNY per share, with a trading volume of 1.20 billion CNY and a turnover rate of 1.76%, resulting in a total market capitalization of 68.99 billion CNY [1]. - The stock has experienced a 3.68% increase over the last five trading days, a 3.62% increase over the last twenty days, and a 16.60% increase over the last sixty days [2]. Group 2: Financial Performance - For the first half of 2025, Yongjin reported a revenue of 20.125 billion CNY, reflecting a year-on-year decrease of 0.85%, while the net profit attributable to shareholders was 303 million CNY, down 29.14% year-on-year [2]. Group 3: Shareholder Information - As of August 20, the number of shareholders for Yongjin increased to 20,800, a rise of 4.09%, with an average of 17,546 circulating shares per shareholder, down 3.93% from the previous period [2]. - Since its A-share listing, Yongjin has distributed a total of 1.066 billion CNY in dividends, with 554 million CNY distributed over the past three years [3]. Group 4: Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder with 12.4842 million shares, an increase of 32,800 shares from the previous period [3]. - E Fund Supply-side Reform Mixed Fund was the sixth-largest shareholder with 7.3469 million shares, having decreased its holdings by 610,680 shares [3].

Core Viewpoint - The company is committed to enhancing quality and efficiency while ensuring shareholder returns, aligning with national policies and market expectations [1][7]. Group 1: Business Performance - In the first half of 2025, the company achieved a revenue of 20.125 billion yuan and a net profit attributable to shareholders of 303 million yuan, reflecting a slight year-on-year decline but maintaining strong operational resilience [2]. - The company has accelerated the release of production capacity, with the "120,000 tons high-quality wide stainless steel strip project (Phase I)" and the "260,000 tons precision stainless steel strip project (Phase I)" showing significant progress [2][3]. Group 2: Strategic Development - The company focuses on its core stainless steel business while diversifying through projects in titanium alloy materials, battery casing materials, and composite materials, aiming for a synergistic development model [2][3]. - A strategy of cost control is emphasized, including optimizing processes, reducing raw material consumption, and enhancing operational efficiency [3]. Group 3: Shareholder Returns - The company proposes a mid-term dividend plan, suggesting a cash dividend of 3 yuan per 10 shares, reflecting a commitment to long-term shareholder returns [3]. - Since its listing in 2019, the company has maintained a consistent cash dividend policy, with a total of 843 million yuan distributed over the last three years [3]. Group 4: Investor Relations - The company has engaged in over 40 investor meetings and 400 communications in the first half of 2025, enhancing transparency and investor confidence [5]. - Future plans include improving investor relations management through various channels and platforms to effectively communicate the company's value [5][6]. Group 5: Corporate Governance - The company adheres to a strict governance framework, holding multiple board meetings and ensuring compliance with legal and regulatory requirements [6]. - Continuous improvement of governance mechanisms and risk management practices is prioritized to enhance operational efficiency [6]. Group 6: Future Outlook - The company aims to continue its "quality enhancement, efficiency improvement, and return to shareholders" initiatives, focusing on operational efficiency and effective communication with investors [7].

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