Lily Group(SH:603823) Xin Lang Cai Jing·2025-11-10 06:37Group 1 - The core point of the article highlights the recent decline in the stock price of Baihehua, which fell by 5.04% to 16.38 CNY per share, with a trading volume of 480 million CNY and a turnover rate of 7.00%, resulting in a total market capitalization of 6.82 billion CNY [1] - Baihehua Group Co., Ltd. is located in Hangzhou, Zhejiang Province, established on August 11, 1995, and listed on December 20, 2016. The company's main business involves the research, production, sales, and service of organic pigments, intermediates, and pearlescent pigments, with revenue composition being 89.33% from pigments, 9.60% from intermediates, and 1.06% from others [1] Group 2 - From the perspective of the top ten circulating shareholders, Southern Fund has a fund that ranks among Baihehua's top ten circulating shareholders. The Southern Zhihong Mixed A Fund (020645) entered the top ten in the third quarter, holding 2.1788 million shares, accounting for 0.53% of circulating shares, with an estimated floating loss of approximately 1.8955 million CNY [2] - The Southern Zhihong Mixed A Fund (020645) was established on August 2, 2024, with a latest scale of 325 million CNY. Year-to-date returns are 32.78%, ranking 2676 out of 8219 in its category; the one-year return is 35.13%, ranking 1625 out of 8125; and since inception, the return is 50.17% [2] Group 3 - The fund manager of Southern Zhihong Mixed A (020645) is Jin Lanfeng, who has a cumulative tenure of 4 years and 175 days. The current total asset scale of the fund is 1.589 billion CNY, with the best fund return during the tenure being 50.17% and the worst being 7.69% [3] - In terms of the fund's top holdings, Southern Zhihong Mixed A (020645) holds 2.1788 million shares of Baihehua, which constitutes 4.27% of the fund's net value, making it the third-largest holding, with an estimated floating loss of approximately 1.8955 million CNY [4]