Transwarp(SH:688031) Xin Lang Cai Jing·2025-11-04 02:35Group 1 - The core point of the news is that Xinghuan Technology's stock price dropped by 5.04% to 69.00 CNY per share, with a trading volume of 250 million CNY and a turnover rate of 3.81%, resulting in a total market capitalization of 8.358 billion CNY [1] - Xinghuan Technology, established on June 5, 2013, and listed on October 18, 2022, is a developer of enterprise-level big data infrastructure software, providing software and services throughout the data lifecycle, including integration, storage, governance, modeling, analysis, mining, and circulation [1] - The company's main business revenue composition includes software products and technical services at 72.84%, solutions at 22.37%, integrated hardware and software products and services at 4.49%, and other business revenue at 0.30% [1] Group 2 - From the perspective of major fund holdings, one fund under Furong Fund holds a significant position in Xinghuan Technology, with 802,700 shares, accounting for 5.93% of the fund's net value, making it the fourth-largest holding [2] - The Furong Information Technology Mixed A Fund (013345) has a current scale of 131 million CNY and has achieved a year-to-date return of 13.64%, ranking 5369 out of 8150 in its category [2] - The fund manager, Li Yanzheng, has been in position for 4 years and 141 days, with the fund's total asset scale at 841 million CNY, achieving the best return of 67.85% and the worst return of -31.03% during his tenure [2]