Bestechnic (Shanghai) (SH:688608) Xin Lang Cai Jing·2025-10-09 04:03Core Viewpoint - Hengxuan Technology's stock price increased by 5.1% to 312.66 CNY per share, with a trading volume of 1.53 billion CNY and a turnover rate of 3.00%, resulting in a total market capitalization of 52.641 billion CNY [1] Company Overview - Hengxuan Technology (Shanghai) Co., Ltd. is located at 2889 Jinke Road, Longtai Plaza, Pudong New District, Shanghai, and was established on June 8, 2015, with its listing date on December 16, 2020 [1] - The company's main business involves the research, design, and sales of smart audio SoC chips [1] - The revenue composition of the main business is 99.95% from chip and related services, and 0.05% from other supplementary services [1] Fund Holdings - Tianhong Fund has a significant holding in Hengxuan Technology, with the Tianhong CSI 500 Index Enhanced A Fund (001556) holding 111,300 shares, accounting for 1.23% of the fund's net value, making it the fourth-largest holding [2] - The Tianhong CSI 500 Index Enhanced A Fund was established on June 30, 2015, with a latest scale of 2.169 billion CNY [2] - Year-to-date return for the fund is 35.47%, ranking 1531 out of 4221 in its category; the one-year return is 35.94%, ranking 1444 out of 3848; and the return since inception is 58.22% [2] - The fund manager, Yang Chao, has a tenure of 11 years, with a total asset scale of 5.991 billion CNY, achieving a best return of 116.44% and a worst return of -57.89% during his tenure [2]