Zhongtian Technology Sees 0.29% Increase with 337 Million Yuan in Transactions: Future Opportunities Explored

Zhongtian Technology saw a slight increase of 0.29% in its stock price on April 30, with a total transaction volume of 337 million yuan and a turnover rate of 0.71%. The total market capitalization stands at 47.474 billion yuan. This article explores the potential opportunities for the company in the market.

Key Areas of Focus:

1. The company has made significant advancements in the research and development of submarine optical (and electrical) cable products. They now possess comprehensive system integration capabilities, encompassing submarine cables for ocean observation, exploration, laying, and wind turbine construction.
2. Jiangsu Zhongtian Technology Co., Ltd. is recognized as a leading professional enterprise in China for optical and electrical cables, offering a wide range of products primarily focused on fiber optic communication and power transmission. Their main product lines include optical communication and networks, power transmission, marine series, new energy, copper products, and commodity trading.
3. According to a response from Interactive Yi on March 13, 2023, Zhongtian Technology has been deeply involved in the communication industry for many years and has established a solid technological foundation and customer base. The company is closely monitoring developments in 6G technology, maintaining R&D efforts across various directions and building relevant technological reserves. The advent of 6G technology is expected to support intelligent interconnectivity in service scenarios, thereby promoting societal advancements in smart living and industries, which will benefit the company’s communication sector.
4. The company holds a dominant position in the domestic market for optical rods, with a market share of 30%-40% for specialized optical cables. All three major telecom operators are experiencing increases in both demand and pricing, while the upgrade requirements for the “Eight Horizontal and Eight Vertical” backbone network and the interconnection platform for broadcasting are driving demand for fiber optic cables.
5. Zhongtian Technology has the production capacity for lithium iron phosphate batteries used in new energy vehicles. With the emphasis on the “carbon peak and carbon neutrality” strategy, there is a significant need for energy storage solutions to support a higher proportion of renewable energy. The company is currently focused on developing the energy storage market. On May 28, 2021, the company announced an expansion of the scope of its “high-performance lithium battery” project, extending from high-performance lithium batteries for new energy vehicles to low-carbon source high-performance lithium-ion batteries for new power storage applications.

Disclaimer: The analysis provided is sourced from the Internet and does not constitute investment advice. Investors should make independent judgments based on different market conditions.

Capital Analysis: Today, there was a net outflow of 15.81 million yuan from major funds, accounting for 0.05% of the total, placing the company 81st out of 90 in its industry ranking. This marks the third consecutive day of reduced holdings by major funds. Overall, the industry experienced a net outflow of 104 million yuan, also marking three days of reduced holdings.

Major Shareholder Information: The main funds do not have control over the stock, with a very dispersed distribution of shares. The major transaction volume from these funds is 173 million yuan, representing 8.31% of the total trading volume. The average transaction cost for this stock is 14.55 yuan, indicating some accumulation activity, although the intensity of this activity remains weak. Currently, the stock price is close to a support level of 13.90 yuan, which should be monitored for potential rebounds. A drop below this support level could trigger a downward trend.

Company Overview: Jiangsu Zhongtian Technology Co., Ltd. is located at No. 88 Qixin Road, Nantong Economic and Technological Development Zone, Jiangsu Province. Established on February 9, 1996, and listed on October 24, 2002, the company is involved in the production and sales of products in the fields of communication, power, marine applications, new energy, new materials, and non-ferrous metal trading. The company’s revenue composition is as follows: 41.17% from grid construction, 17.44% from copper products, 16.84% from optical communication and networks, 14.57% from new energy, 7.58% from marine series, and 1.39% from other activities.

As of March 31, 2023, Zhongtian Technology has 252,600 shareholders, an increase of 48.35% from the previous period. The average number of circulating shares per person is 13,509, which is a decrease of 32.59% from the previous period. In the first quarter of 2025, Zhongtian Technology achieved an operating revenue of 9.756 billion yuan, reflecting a year-on-year growth of 18.37%, while the net profit attributable to shareholders was 628 million yuan, a decrease of 1.33%.

In terms of dividends, Zhongtian Technology has distributed a total of 3.423 billion yuan in dividends since its A-share listing, with 1.433 billion yuan in dividends distributed over the last three years. Regarding institutional holdings, as of March 31, 2025, Hong Kong Central Clearing Ltd. is the second-largest circulating shareholder, holding 199 million shares, a decrease of 14.3 million shares from the previous period. Huaxia Energy Innovation Stock A ranks as the fourth largest circulating shareholder with 19.952 million shares, an increase of 3.771 million shares from the previous period. Guangfa High-end Manufacturing Stock A is the fifth largest circulating shareholder with 19.946 million shares, being a new shareholder. Other notable holdings include Jiao Yin Selected Mixed (519688) and Zhong Ou Era Pioneer Stock A (001938).

Risk Warning: The market carries risks, and investments should be approached with caution. The information presented in this article is for reference only and does not constitute personalized investment advice.