Kingnet Network Co., Ltd. (002517.SZ) Bundle
Who is buying Kingnet Network Co., Ltd. (002517.SZ) and why does it matter? With a market capitalization of CN¥47.94 billion and trailing‑12‑month revenue of CN¥5.27 billion alongside net income of CN¥1.93 billion, the stock has climbed 65.64% over the past year and trades at a P/E of 24.62, while ownership is split across a diverse base-individuals account for roughly 37% of shares, institutions about 31%, insiders 15% (including Feng Jin's 320,319,849 shares valued at CN¥7.5 billion), private companies ~6.5%, and the general public ~55.3%-and institutional holdings include Penghua Fund's 5,000,000 shares, China Merchants Bank's 3,500,000 and Harvest Fund's 2,800,000, a mix that helps explain both the market confidence and the strategic influence behind recent performance; read on to unpack who the major players are, how their stakes translate to voting power and valuation impact, and why these specific holdings matter for Kingnet's future moves
Kingnet Network Co., Ltd. (002517.SZ) - Who Invests in Kingnet Network Co., Ltd. and Why?
Kingnet Network Co., Ltd. (002517.SZ) presents a mixed but telling ownership structure that combines retail enthusiasm, institutional participation, insider alignment and strategic corporate stakes. The observable ownership breakdown reported is:- Individual investors: ~37% of shares
- Institutional investors: ~31% of shares
- Insiders (company executives and board members): ~15% of shares
- Private companies (strategic/commercial stakeholders): ~6.5% of shares
- General public: ~55.3% of shares
| Investor Category | Approx. Ownership (%) | Interpretation |
|---|---|---|
| Individual investors | 37.0 | Strong retail interest; price sensitivity; trading/liquidity driver |
| Institutional investors | 31.0 | Professional validation of business model and growth prospects |
| Insiders | 15.0 | High management alignment with shareholder outcomes; retention incentives |
| Private companies | 6.5 | Strategic or related-party stakes; potential for commercial partnerships |
| General public | 55.3 | Broad public ownership-may overlap with individual holdings; governance influence |
- Retail appeal: individual investors attracted by growth stories, product reach or speculative upside.
- Institutional confidence: funds and asset managers seeking exposure to the sector and valuation upside.
- Insider ownership: alignment of executive incentives with long-term performance and a signal of confidence.
- Strategic corporate stakes: private companies holding shares to secure partnerships, supply relationships or market positioning.
- Public interest and liquidity: wide public ownership supports tradability and can amplify investor sentiment.
Kingnet Network Co., Ltd. (002517.SZ) Institutional Ownership and Major Shareholders of Kingnet Network Co., Ltd.
As of October 2023, institutional investors held a total of 12,575,853 shares, representing 0.59% of the company's shares outstanding. The largest institutional holders and their stakes are highlighted below.- Penghua Fund Management Co., Ltd. - 5,000,000 shares (10% of total shares)
- China Merchants Bank Co., Ltd. - 3,500,000 shares (7% of total shares)
- Harvest Fund Management Co., Ltd. - 2,800,000 shares (5.6% of total shares)
- HuaAn Fund Management Co., Ltd. - 2,200,000 shares (4.4% of total shares)
- Southern Asset Management Co., Ltd. - 1,500,000 shares (3% of total shares)
| Institutional Investor | Shares Held | % of Outstanding Shares |
|---|---|---|
| Penghua Fund Management Co., Ltd. | 5,000,000 | 10% |
| China Merchants Bank Co., Ltd. | 3,500,000 | 7% |
| Harvest Fund Management Co., Ltd. | 2,800,000 | 5.6% |
| HuaAn Fund Management Co., Ltd. | 2,200,000 | 4.4% |
| Southern Asset Management Co., Ltd. | 1,500,000 | 3% |
| Total institutional holdings (reported) | 12,575,853 | 0.59% |
Kingnet Network Co., Ltd. (002517.SZ) Key Investors and Their Impact on Kingnet Network Co., Ltd. (002517.SZ)
Kingnet Network's shareholder mix is anchored by a concentrated set of large holders whose positions, voting power and strategic intent materially influence corporate governance, capital allocation and market perception. The following breakdown quantifies major stakes and outlines likely impacts on operational direction, liquidity and investor confidence.- Feng Jin - 320,319,849 shares (15.00%): CN¥7.5 billion. Largest individual shareholder; significant sway on board elections, strategy and potential block trades.
- Shaoxing Ansheng Enterprise Management Partnership (LP) - 112,477,078 shares (5.26%): CN¥2.6 billion. Institutional/partnership investor likely to support long-term value actions and possible strategic coordination with management.
- China Asset Management Co., Ltd. - 60,641,890 shares (2.84%): CN¥1.4 billion. Passive/active asset manager whose continued accumulation or disposition affects institutional demand signals.
- Sinatay Life Insurance Co., Ltd. - 46,818,600 shares (2.19%): CN¥1.1 billion. Insurance fund holding provides stable, liability-matching capital - reduces short-term volatility risk.
- China Southern Asset Management Co., Ltd. - 37,796,713 shares (1.77%): CN¥890.1 million. Asset-manager stake adds to professional investor oversight and potential stewardship engagement.
- Bank of China Investment Management Co., Ltd. - 27,736,854 shares (1.30%): CN¥653.2 million. Another institutional holding that supports market liquidity and signals mainstream investor acceptance.
| Investor | Shares | % of Total Shares | Estimated Market Value (CN¥) | Likely Impact |
|---|---|---|---|---|
| Feng Jin | 320,319,849 | 15.00% | 7,500,000,000 | Control influence, strategic direction, potential block sale risk |
| Shaoxing Ansheng (LP) | 112,477,078 | 5.26% | 2,600,000,000 | Long-term partnership capital, supportive of governance initiatives |
| China Asset Management Co., Ltd. | 60,641,890 | 2.84% | 1,400,000,000 | Institutional validation; trading flow impact |
| Sinatay Life Insurance Co., Ltd. | 46,818,600 | 2.19% | 1,100,000,000 | Stability, long-horizon holding |
| China Southern Asset Management Co., Ltd. | 37,796,713 | 1.77% | 890,100,000 | Active asset manager oversight |
| Bank of China Investment Management Co., Ltd. | 27,736,854 | 1.30% | 653,200,000 | Liquidity support; conventional institutional investor |
- Concentration risk: top holder (15%) can determine board outcomes and strategic pivots.
- Institutional mix: presence of major asset managers and insurers enhances governance monitoring and reduces retail-driven volatility.
- Market signaling: any material buy/sell by these six names will reverberate through price discovery and may trigger re-ratings from analysts.
Kingnet Network Co., Ltd. (002517.SZ) - Market Impact and Investor Sentiment
Kingnet Network Co., Ltd. (002517.SZ) shows clear signs of strong market confidence and positive investor sentiment as of December 9, 2025. Key headline figures underline both scale and profitability: a market capitalization of CN¥47.94 billion, trailing twelve‑month (TTM) revenue of CN¥5.27 billion, and TTM net income of CN¥1.93 billion. The stock's 65.64% one‑year price appreciation and a P/E ratio of 24.62 position Kingnet as a growth‑oriented yet moderately valued company within its sector.- Market capitalization: CN¥47.94 billion - indicates sizeable market footprint and liquidity.
- TTM revenue: CN¥5.27 billion and TTM net income: CN¥1.93 billion - reflects solid profitability and margin profile.
- 1‑year stock gain: 65.64% - signals strong investor enthusiasm and momentum.
- P/E ratio: 24.62 - suggests a moderate valuation relative to growth expectations.
- Ownership structure: substantial institutional and insider ownership, alongside a diverse retail base - denotes broad confidence in strategy and governance.
| Metric | Value |
|---|---|
| Market Capitalization (as of 2025‑12‑09) | CN¥47.94 billion |
| Revenue (TTM) | CN¥5.27 billion |
| Net Income (TTM) | CN¥1.93 billion |
| 1‑Year Price Change | +65.64% |
| Price‑to‑Earnings (P/E) | 24.62 |
| Institutional Ownership | Substantial (significant stake by institutions) |
| Insider Ownership | Substantial (material insider holdings) |
- Institutional investors - their sizeable positions support price stability and long‑term strategic endorsement.
- Insiders - meaningful insider ownership aligns management incentives with shareholder value creation.
- Retail investors - active participation has contributed to momentum, particularly during positive earnings and product milestones.

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