Zheng Quan Shi Bao Wang·2025-09-02 03:32Group 1 - The core viewpoint of the article highlights the investment behavior of the social security fund, which has invested in 577 stocks by the end of Q2, with 66 stocks held for over 20 consecutive quarters [1] - The longest-held stock by the social security fund is China Overseas Land & Investment, held for 57 quarters since Q2 2011, with a holding of 42.98 million shares, accounting for 0.62% of the circulating shares [1][3] - The top three stocks by the number of shares held by the social security fund at the end of Q2 are Changshu Bank, China State Construction, and Sany Heavy Industry, with holdings of 278 million shares, 205 million shares, and 171 million shares respectively [1][2] Group 2 - Among the 66 continuously held stocks, 15 saw an increase in holdings by the social security fund in Q2, with significant increases for Three Squirrels, Hongfa Technology, and Sheneng Co., with increases of 283.29%, 76.77%, and 44.59% respectively [2] - In contrast, 30 stocks were reduced, with the largest decreases in holdings for Yanjinpuzi, Aide Biology, and Zhongqi Co., with reductions of 53.00%, 52.54%, and 50.14% respectively [2] - The sectors with the most stocks held by the social security fund include basic chemicals, pharmaceuticals, and machinery, with 8, 6, and 5 stocks respectively [2] Group 3 - Of the 66 stocks continuously held, 40 reported year-on-year profit growth in the first half of the year, with the highest growth rates seen in Xiantan Co., Zhongsheng Pharmaceutical, and Lutai A, with profit increases of 344.55%, 114.96%, and 112.44% respectively [3] - Conversely, 25 stocks experienced a decline in net profit, with the largest declines reported by Jianlang Hardware, Zhongqi Co., and China Overseas Land & Investment, with decreases of 722.32%, 240.99%, and 171.52% respectively [3] - The sustainability of performance is indicated by 13 stocks that have shown year-on-year profit growth in the first half over the past three years, including Jieput, Sany Heavy Industry, and Zhengtai Electric [3]