Core Insights - The stock of Semiconductor Manufacturing International Corporation (SMIC) in Shanghai experienced a decline of 2.96% on November 11, with a trading volume of 562 million yuan [1] - As of September 30, 2025, SMIC reported a revenue of 5.146 billion yuan, representing a year-on-year growth of 29.42%, and a net profit of 1.266 billion yuan, reflecting a 66.99% increase compared to the previous year [2] Financing and Margin Trading - On November 11, SMIC had a financing buy-in amount of 51.991 million yuan and a financing repayment of 64.986 million yuan, resulting in a net financing outflow of 12.995 million yuan [1] - The total margin trading balance for SMIC reached 647 million yuan, accounting for 0.87% of its market capitalization, which is above the 80th percentile of the past year [1] - In terms of securities lending, SMIC repaid 800 shares and sold 600 shares on November 11, with a total selling amount of 101,600 yuan [1] Shareholder and Institutional Holdings - As of September 30, 2025, the number of shareholders for SMIC increased to 21,700, a rise of 85.89%, while the average number of circulating shares per person decreased by 46.20% to 20,098 shares [2] - The top ten circulating shareholders of SMIC saw significant reductions in holdings, with Hong Kong Central Clearing Limited holding 5.0576 million shares, down by 978,700 shares [3] - New institutional investors included E Fund CSI 300 ETF, which entered the top ten shareholders with 1.0857 million shares [3]

Core Insights - On August 25, 2023, Shengmei Shanghai's stock rose by 7.24%, with a trading volume of 2.17 billion yuan [1] - The company reported a financing buy-in of 276 million yuan and a net financing buy of approximately 91.38 million yuan on the same day [1] - As of August 25, the total margin balance for Shengmei Shanghai was 494 million yuan, indicating a high level of trading activity [1] Financing Summary - On August 25, Shengmei Shanghai had a financing buy-in of 276 million yuan, with a current financing balance of 492 million yuan, accounting for 0.74% of its market capitalization [1] - The financing balance is above the 90th percentile of the past year, indicating a high level of leverage [1] Securities Lending Summary - On August 25, the company repaid 1,010 shares in securities lending and sold 4,162 shares, amounting to approximately 634,700 yuan at the closing price [1] - The remaining securities lending balance was 12,600 shares, with a total value of 1.93 million yuan, also above the 90th percentile of the past year [1] Company Performance - As of June 30, 2023, Shengmei Shanghai had 11,700 shareholders, a decrease of 7.31% from the previous period [2] - The company achieved a revenue of 3.265 billion yuan in the first half of 2023, representing a year-on-year growth of 35.83% [2] - The net profit attributable to shareholders was 696 million yuan, reflecting a year-on-year increase of 56.99% [2] Dividend and Shareholder Information - Since its A-share listing, Shengmei Shanghai has distributed a total of 723 million yuan in dividends [3] - As of June 30, 2023, the second-largest shareholder was Hong Kong Central Clearing Limited, holding 6.0363 million shares, a decrease of 482,500 shares from the previous period [3] - Other notable shareholders include various ETFs and mutual funds, with some increasing and others decreasing their holdings [3]