Zheng Quan Shi Bao Wang·2025-08-20 03:53Core Insights - The Social Security Fund (SSF) has invested in 116 stocks by the end of Q2, with 43 stocks held for over 8 consecutive quarters, indicating a preference for long-term investments [1][2] Group 1: Investment Holdings - SSF's longest-held stock is Changshu Bank, held for 30 consecutive quarters since Q1 2018, with a total holding of 278 million shares, accounting for 8.38% of the circulating shares [1][2] - Other notable long-term holdings include Blue Sky Technology (29 quarters), Changhai Co. (28 quarters), and Aide Biology (26 quarters) [1][2] - Among the 43 stocks held for over 2 years, the largest holdings by quantity are Changshu Bank (27.78 million shares), Huafa Co. (9.04 million shares), and Fuling Power (8.17 million shares) [2] Group 2: Changes in Holdings - In Q2, 12 of the 43 stocks saw an increase in SSF holdings, with significant increases in Haida Group (93.26%), New Clean Energy (77.44%), and Hongfa Co. (76.77%) [2][3] - Conversely, 14 stocks experienced a reduction in holdings, with the largest decreases in Lingrui Pharmaceutical (60.01%), Shenhuo Co. (59.75%), and Huajin Co. (56.76%) [2][3] Group 3: Industry Performance - Among the 43 stocks, 30 reported year-on-year profit growth, with notable increases from Shengnong Development (791.93%), Jifeng Co. (189.51%), and Wanhui High-tech (97.47%) [3] - 12 stocks experienced a decline in net profit, with the largest declines from Huafa Co. (86.41%), Bayi Space (37.90%), and Huajin Co. (33.15%) [3] - The stocks with consistent profit growth over the past three years include Shenzhen Airport, Siyuan Electric, and Yanjing Beer [3] Group 4: Sector Distribution - The 43 stocks are concentrated in the electronics, basic chemicals, and pharmaceutical industries, each with 6 stocks represented [2] - The main board contains 31 stocks, while the ChiNext board has 8 stocks, and the Sci-Tech Innovation board has 4 stocks [2]