Zheng Quan Shi Bao Wang·2025-11-05 04:21Core Insights - The Social Security Fund has invested in 616 stocks by the end of Q3, with 66 stocks held for over 20 consecutive quarters, indicating a long-term investment strategy [1][2] Group 1: Investment Holdings - The longest-held stock by the Social Security Fund is China Overseas Land & Investment, held for 58 quarters since Q2 2011, with a holding of 57.6 million shares, accounting for 0.83% of the circulating shares [1][3] - Other notable long-term holdings include China South Publishing & Media, Hualu Hengsheng, and Zhongyuan Media, held for 55, 52, and 45 quarters respectively [1][3] - The top three stocks by the number of shares held at the end of Q3 are Changshu Bank (211 million shares), China State Construction (205 million shares), and Sany Heavy Industry (178 million shares) [1][2] Group 2: Changes in Holdings - Among the 66 stocks, 24 saw an increase in holdings, with significant increases in Zhongyuan Media (101.65%), Hongfa Technology (70.82%), and Jianda Holdings (58.68%) [2][3] - Conversely, 27 stocks were reduced, with the largest decreases in Chengyi Pharmaceutical (64.17%), Lao Fengxiang (62.12%), and Three Squirrels (61.30%) [2][3] - 15 stocks maintained unchanged holdings during this period [2] Group 3: Industry Performance - The 66 stocks are concentrated in the basic chemicals, pharmaceutical biology, and electronics sectors, with 7 stocks each from basic chemicals and pharmaceutical biology, and 5 from electronics [2] - The performance of these stocks shows that 42 out of 66 had a year-on-year increase in net profit, with notable increases from Wanbangda (390.47%), Jepter (97.30%), and Xiamen Xiangyu (83.57%) [3][4] - 23 stocks experienced a decline in net profit, with the largest decreases from Zhongqi Holdings (-622.16%), China Overseas Land & Investment (-85.76%), and Sany Heavy Industry (-69.18%) [3][4]