Core Viewpoint - The stock of Visionox Technology Co., Ltd. has shown fluctuations, with a recent increase of 2.02% to 9.11 CNY per share, while the company has experienced a year-to-date decline of 11.38% [1] Financial Performance - For the period from January to September 2025, Visionox reported a revenue of 6.051 billion CNY, reflecting a year-on-year growth of 3.50%. However, the net profit attributable to shareholders was -1.623 billion CNY, which is an increase of 9.67% compared to the previous year [2] Shareholder Information - As of November 20, 2025, the number of shareholders for Visionox increased to 71,700, marking a rise of 14.69%. The average circulating shares per person decreased by 12.81% to 19,444 shares [2] Dividend Distribution - Since its A-share listing, Visionox has distributed a total of 53.2384 million CNY in dividends, with no dividends paid in the last three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder of Visionox, holding 11.0486 million shares, which is an increase of 2.8175 million shares from the previous period [3]

Core Points - The stock price of Visionox increased by 2.40% on November 20, reaching 9.38 CNY per share, with a trading volume of 1.01 billion CNY and a market capitalization of 13.102 billion CNY [1] - Year-to-date, Visionox's stock price has decreased by 8.75%, with a recent 5-day decline of 2.90%, a 20-day increase of 9.07%, and a 60-day decrease of 3.20% [2] - Visionox has been listed on the stock market since April 13, 2010, and specializes in the research, production, and sales of AMOLED display products, with 96.92% of its revenue coming from OLED products [2] - As of November 10, 2023, Visionox had 62,600 shareholders, a decrease of 0.99% from the previous period, with an average of 22,301 circulating shares per shareholder, an increase of 1.00% [2] - For the period from January to September 2025, Visionox reported a revenue of 6.051 billion CNY, a year-on-year increase of 3.50%, while the net profit attributable to shareholders was -1.623 billion CNY, a year-on-year increase of 9.67% [2] - Visionox has distributed a total of 53.2384 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder of Visionox, holding 11.0486 million shares, an increase of 2.8175 million shares from the previous period [3]

Core Viewpoint - The stock price of Visionox has experienced a decline of 7.59% year-to-date, with recent fluctuations indicating a slight recovery in the short term [2] Group 1: Stock Performance - As of November 17, Visionox's stock price decreased by 2.06%, trading at 9.50 CNY per share, with a total market capitalization of 13.27 billion CNY [1] - Year-to-date, Visionox's stock has dropped 7.59%, but it has increased by 1.93% over the last five trading days and 8.08% over the last 20 days [2] - The company has appeared on the stock market's "龙虎榜" three times this year, with the most recent appearance on November 11 [2] Group 2: Financial Performance - For the period from January to September 2025, Visionox reported a revenue of 6.05 billion CNY, reflecting a year-on-year growth of 3.50%, while the net profit attributable to shareholders was -1.62 billion CNY, showing a year-on-year increase of 9.67% [2] - Since its A-share listing, Visionox has distributed a total of 53.24 million CNY in dividends, with no dividends paid in the last three years [3] Group 3: Shareholder Information - As of November 10, the number of shareholders in Visionox was 62,600, a decrease of 0.99% from the previous period, with an average of 22,301 circulating shares per shareholder, an increase of 1.00% [2] - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 11.05 million shares, an increase of 2.82 million shares from the previous period [3] Group 4: Business Overview - Visionox Technology Co., Ltd. specializes in the research, production, sales, and technical services of AMOLED display products, with 96.92% of its revenue derived from OLED products [2]

Group 1 - The core viewpoint of the news is that Visionox has experienced fluctuations in its stock performance and financing activities, indicating a mixed sentiment among investors [1][2] - On November 11, Visionox's stock rose by 9.98%, with a trading volume of 79.21 million yuan, while the net financing buy was -6.62 million yuan, suggesting a higher level of selling pressure compared to buying [1] - As of November 11, the total margin balance for Visionox was 278 million yuan, with the financing balance accounting for 1.94% of the circulating market value, indicating a low level of financing compared to the past year [1] Group 2 - As of October 31, the number of shareholders for Visionox increased to 63,200, with an average of 22,081 circulating shares per person, reflecting a slight decrease in individual holdings [2] - For the period from January to September 2025, Visionox reported a revenue of 6.051 billion yuan, representing a year-on-year growth of 3.50%, while the net profit attributable to shareholders was -1.623 billion yuan, showing a 9.67% increase in losses compared to the previous year [2] - Visionox has distributed a total of 53.24 million yuan in dividends since its A-share listing, with no dividends paid in the last three years, indicating a focus on reinvestment rather than shareholder returns [2]

Core Viewpoint - The stock price of Visionox has experienced a decline of 17.32% year-to-date, with recent trading showing a slight recovery, but overall performance remains weak in the context of the AMOLED display market [2] Group 1: Stock Performance - As of October 31, Visionox's stock rose by 2.04% to 8.50 CNY per share, with a total market capitalization of 11.873 billion CNY [1] - Year-to-date, Visionox's stock has decreased by 17.32%, with a 3.74% drop over the last five trading days and a 12.10% drop over the last 20 days [2] - The company has appeared on the trading leaderboard twice this year, with the most recent instance on March 20, where it recorded a net buy of 4.7595 million CNY [2] Group 2: Financial Performance - For the period from January to September 2025, Visionox reported a revenue of 6.051 billion CNY, reflecting a year-on-year growth of 3.50%, while the net profit attributable to shareholders was -1.623 billion CNY, showing a year-on-year improvement of 9.67% [2] - Visionox has cumulatively distributed 53.2384 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Group 3: Shareholder Information - As of October 20, 2025, the number of shareholders for Visionox was 62,600, an increase of 0.66% from the previous period, with an average of 22,298 circulating shares per shareholder, a decrease of 0.65% [2] - The eighth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 11.0486 million shares, which is an increase of 2.8175 million shares from the previous period [3] Group 4: Business Overview - Visionox, established on January 7, 1998, and listed on April 13, 2010, specializes in the research, production, sales, and technical services of AMOLED display products, with 96.92% of its revenue coming from OLED products [2]

Group 1 - The core viewpoint of the news is that Visionox's stock performance and financing activities indicate a low level of market activity and investor interest, with significant net outflows in financing and low borrowing levels [1][2]. Group 2 - On October 16, Visionox's stock price fell by 1.38%, with a trading volume of 76.34 million yuan. The financing buy-in amount was 3.97 million yuan, while the financing repayment was 4.21 million yuan, resulting in a net financing outflow of 0.24 million yuan [1]. - As of October 16, the total balance of margin trading for Visionox was 298 million yuan, which represents 2.48% of its circulating market value, indicating a low financing balance compared to the past year [1]. - In terms of securities lending, on October 16, Visionox repaid 600 shares and sold 500 shares, with a selling amount of 4,300 yuan. The remaining securities lending volume was 51,800 shares, with a balance of 445,500 yuan, also indicating a low level compared to the past year [1]. Group 3 - As of September 30, Visionox had 62,200 shareholders, a decrease of 0.92% from the previous period, while the average circulating shares per person increased by 0.93% to 22,444 shares [2]. - For the first half of 2025, Visionox reported operating revenue of 4.12 billion yuan, a year-on-year increase of 4.79%, but a net profit attributable to shareholders of -1.06 billion yuan, which is a year-on-year improvement of 9.74% [2]. - Since its A-share listing, Visionox has distributed a total of 53.24 million yuan in dividends, with no dividends paid in the last three years [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder of Visionox, holding 8.23 million shares, an increase of 173,500 shares from the previous period [2].

Group 1 - On September 17, Visionox's stock increased by 3.36%, with a trading volume of 439 million yuan [1] - The financing buy-in amount for Visionox on the same day was 44 million yuan, with a net financing buy-in of approximately 16.5 million yuan [1] - As of September 17, the total financing and securities lending balance for Visionox was 330 million yuan, accounting for 2.41% of its market capitalization [1] Group 2 - As of September 10, the number of shareholders for Visionox was 61,700, a decrease of 9.12% from the previous period [2] - For the first half of 2025, Visionox reported a revenue of 4.12 billion yuan, a year-on-year increase of 4.79%, while the net profit attributable to shareholders was -1.06 billion yuan, a year-on-year increase of 9.74% [2] - Visionox has distributed a total of 53.24 million yuan in dividends since its A-share listing, with no dividends distributed in the past three years [2]

Company Overview - VisiNova Technology Co., Ltd. is located in Haidian District, Beijing, and was established on January 7, 1998. The company was listed on April 13, 2010. Its main business involves the research, production, sales, and technical services of AMOLED new display products, with 96.92% of its revenue coming from OLED products and 3.08% from other products or services [1]. Stock Performance - As of September 5, VisiNova's stock price increased by 2.06% to 9.93 CNY per share, with a total market capitalization of 13.87 billion CNY. The stock has seen a year-to-date decline of 3.40%, a 4.34% drop over the last five trading days, a 5.08% increase over the last 20 days, and a 12.08% increase over the last 60 days [1]. - The company has appeared on the trading leaderboard twice this year, with the most recent occurrence on March 20, where it recorded a net buy of 4.76 million CNY [1]. Financial Performance - For the first half of 2025, VisiNova reported a revenue of 4.12 billion CNY, representing a year-on-year growth of 4.79%. However, the net profit attributable to shareholders was -1.06 billion CNY, which is a year-on-year increase of 9.74% [2]. Shareholder Information - As of August 20, VisiNova had 67,900 shareholders, an increase of 9.20% from the previous period. The average number of tradable shares per shareholder decreased by 8.43% to 20,545 shares [2]. - The company has distributed a total of 53.24 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, holding 8.23 million shares, an increase of 173,500 shares from the previous period [3].

Core Viewpoint - The financial performance and trading activity of Visionox Technology Co., Ltd. indicate a low level of financing and short selling, alongside a slight increase in shareholder numbers and a decline in average shares held per shareholder [1][2]. Group 1: Financial Performance - For the first half of 2025, Visionox reported operating revenue of 4.121 billion, representing a year-on-year growth of 4.79% [2]. - The company recorded a net profit attributable to shareholders of -1.062 billion, which is a year-on-year improvement of 9.74% [2]. - Cumulative cash dividends since the A-share listing amount to 53.2384 million, with no dividends paid in the last three years [2]. Group 2: Trading Activity - On August 29, Visionox's stock price fell by 1.05%, with a trading volume of 194 million [1]. - The financing buy-in amount for Visionox on the same day was 14.4774 million, while the financing repayment was 16.0887 million, resulting in a net financing outflow of -1.6113 million [1]. - The total financing and securities lending balance for Visionox as of August 29 was 303 million, which is 2.09% of the circulating market value and below the 30th percentile level over the past year [1]. Group 3: Shareholder Information - As of August 20, the number of shareholders for Visionox increased to 67,900, up by 9.20% from the previous period [2]. - The average number of circulating shares held per shareholder decreased to 20,545, down by 8.43% [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, holding 8.2311 million shares, an increase of 173,500 shares from the previous period [2].