GREAT MICROWAVE(SH:688270) Xin Lang Cai Jing·2025-10-21 06:38Company Overview - Zhenray Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on September 11, 2015. The company went public on January 27, 2022. Its main business involves the research, development, production, and sales of integrated circuit chips and microsystems [1]. Business Segmentation - The revenue composition of Zhenray Technology is as follows: Power management chips account for 50.10%, RF transceiver and high-speed high-precision ADC/DAC chips make up 39.47%, technical services contribute 5.97%, microsystems and modules represent 2.49%, terminal RF front-end chips are at 1.93%, and other (supplementary) sources account for 0.04% [1]. Stock Performance - On October 21, Zhenray Technology's stock rose by 5.03%, reaching a price of 68.50 CNY per share, with a trading volume of 611 million CNY and a turnover rate of 4.25%. The total market capitalization is 14.663 billion CNY [1]. Fund Holdings - According to data, one fund under Qianhai Kaiyuan has a significant holding in Zhenray Technology. The Qianhai Kaiyuan Ocean Mixed Fund (000690) reduced its holdings by 111,000 shares in the second quarter, retaining 311,000 shares, which constitutes 6.36% of the fund's net value, making it the sixth-largest holding [2]. Fund Performance - The Qianhai Kaiyuan Ocean Mixed Fund (000690) was established on July 31, 2014, with a current scale of 228 million CNY. Year-to-date returns are at 4.46%, ranking 6727 out of 8162 in its category. Over the past year, returns are at 0.82%, ranking 7728 out of 8024, and since inception, the fund has achieved a return of 59.2% [2]. Fund Management - The fund manager of Qianhai Kaiyuan Ocean Mixed Fund (000690) is Liu Hong, who has been in the position for 4 years and 225 days. The total asset size of the fund is 1.495 billion CNY, with the best return during his tenure being 49.52% and the worst being -35.64% [3].