Bright Real Estate(SH:600708) Xin Lang Cai Jing·2025-11-18 03:39Core Viewpoint - On November 18, Guangming Real Estate experienced a decline of 5.08%, with a stock price of 3.74 CNY per share, a trading volume of 1.04 billion CNY, a turnover rate of 1.22%, and a total market capitalization of 8.335 billion CNY [1] Group 1: Company Overview - Guangming Real Estate Group Co., Ltd. is located at 199 Xizang North Road, Jing'an District, Shanghai, established on January 4, 1993, and listed on June 6, 1996 [1] - The company's main business includes logistics and real estate development, with revenue composition as follows: 91.24% from real estate development and supporting services, 6.96% from property and leasing, 1.77% from other supplementary services, and 0.03% from other sources [1] Group 2: Shareholder Information - Among the top ten circulating shareholders of Guangming Real Estate, a fund under Southern Fund ranks first. The Southern CSI Real Estate ETF Initiated Link A (004642) reduced its holdings by 128,600 shares in the third quarter, holding a total of 14.0841 million shares, which accounts for 0.63% of circulating shares [2] - The estimated floating loss for the fund today is approximately 2.8168 million CNY [2] Group 3: Fund Manager Profile - The fund manager of Southern CSI Real Estate ETF Initiated Link A (004642) is Luo Wenjie, who has a cumulative tenure of 12 years and 214 days. The total asset size of the fund is 170.445 billion CNY, with the best fund return during his tenure being 148.3% and the worst being -47.6% [3]