Shanghai Friendess(SH:688188) Xin Lang Cai Jing·2025-10-14 05:30Core Viewpoint - On October 14, 2023, Bichu Electronics experienced a decline of 5.16%, with a stock price of 146.75 yuan per share, a trading volume of 321 million yuan, a turnover rate of 0.74%, and a total market capitalization of 42.371 billion yuan [1] Company Overview - Shanghai Bichu Electronics Technology Co., Ltd. was established on September 11, 2007, and went public on August 8, 2019. The company specializes in the research, development, production, and sales of laser cutting control systems [1] - The revenue composition of the main business includes: flat solutions 61.36%, pipe solutions 21.43%, others 14.09%, and three-dimensional solutions 3.11% [1] Shareholder Analysis - Among the top ten circulating shareholders of Bichu Electronics, a fund under Huaxia Fund holds a significant position. The Huaxia SSE Sci-Tech Innovation Board 50 ETF (588000) increased its holdings by 1.715 million shares in the second quarter, totaling 6.3479 million shares, which accounts for 2.2% of the circulating shares. The estimated floating loss today is approximately 50.6561 million yuan [2] - The Huaxia SSE Sci-Tech Innovation Board 50 ETF (588000) was established on September 28, 2020, with a latest scale of 83.343 billion yuan. Year-to-date returns are 48.27%, ranking 679 out of 4220 in its category; the one-year return is 63.6%, ranking 429 out of 3857; and since inception, the return is 7.39% [2] Fund Performance - The Huaxia Zhongzheng Machine Tool ETF (159663) also holds a significant position in Bichu Electronics, having increased its holdings by 6,075 shares in the second quarter, totaling 23,800 shares, which represents 3.99% of the fund's net value. The estimated floating loss today is around 190,000 yuan [3] - The Huaxia Zhongzheng Machine Tool ETF (159663) was established on October 12, 2022, with a latest scale of 78.6349 million yuan. Year-to-date returns are 46.6%, ranking 776 out of 4220 in its category; the one-year return is 68.11%, ranking 326 out of 3857; and since inception, the return is 47.38% [3] Fund Manager Information - The fund manager of the Huaxia Zhongzheng Machine Tool ETF (159663) is Si Fan, who has been in the position for 4 years and 102 days, managing a total fund size of 16.508 billion yuan. The best fund return during his tenure is 68.71%, while the worst return is -35.97% [4]