Shahe Industrial(SZ:000014) Xin Lang Cai Jing·2025-11-04 05:39Core Points - Shahe Co., Ltd. experienced a decline of 5.09% on November 4, with a stock price of 17.90 CNY per share and a trading volume of 316 million CNY, resulting in a total market capitalization of 4.333 billion CNY [1] - The company, established on July 27, 1987, and listed on June 2, 1992, primarily engages in real estate development and management, with revenue composition as follows: 72.68% from real estate sales, 23.77% from property leasing, and 3.55% from property management [1] Shareholder Analysis - Among the top ten circulating shareholders of Shahe Co., Ltd., a fund under Southern Fund holds a position. The Southern CSI Real Estate ETF Initiated Link A (004642) reduced its holdings by 35,100 shares in the third quarter, now holding 2.1286 million shares, which accounts for 0.88% of circulating shares. The estimated floating loss today is approximately 2.0435 million CNY [2] - The Southern CSI Real Estate ETF Initiated Link A (004642) was established on August 24, 2017, with a current scale of 202 million CNY. Year-to-date returns are 8.83%, ranking 3695 out of 4216 in its category; over the past year, it has incurred a loss of 2.52%, ranking 3845 out of 3896; since inception, it has lost 39.35% [2] Fund Management - The fund manager of the Southern CSI Real Estate ETF Initiated Link A (004642) is Luo Wenjie, who has a cumulative tenure of 12 years and 200 days. The total asset scale under management is 170.445 billion CNY, with the best fund return during his tenure being 151.55% and the worst being -47.6% [3]