Core Viewpoint - Shangpin Home (300616.SZ) reported its Q3 2025 results, highlighting a decrease in institutional investor holdings and the status of public funds [1] Institutional Holdings - As of October 28, 2025, three institutional investors disclosed holdings in Shangpin Home, totaling 6.4601 million shares, which represents 2.88% of the company's total share capital [1] - The institutional holding percentage decreased by 2.48 percentage points compared to the previous quarter [1] Public Fund Disclosure - In this reporting period, 88 public funds were not disclosed compared to the previous quarter, including notable funds such as China Europe Growth Enterprise Board Mixed A and others [1]

Group 1 - The core viewpoint of the news is that Huihan Co., Ltd. (301600.SZ) reported a decrease in institutional holdings in its third-quarter report for 2025, with a total of 40.86 million shares held by eight institutional investors, representing 39.09% of the total share capital, down by 1.41 percentage points from the previous quarter [1] - Institutional investors include notable entities such as Fujian Guomai Group Co., Ltd., Yibin Chenda New Energy Industry Equity Investment Partnership, and Hong Kong Central Clearing Limited, among others [1] - In the public fund sector, one fund, Southern CSI 1000 ETF, reported a slight decrease in holdings, while one new public fund, GF Optional Consumer Link A, was disclosed [1] Group 2 - Foreign investment sentiment showed an increase in holdings from one foreign fund, Hong Kong Central Clearing Limited, with an increase of 0.36% [2]

MACD金叉信号形成，这些股涨势不错！ 公募基金方面本期较上一季度持股减少的公募基金共计5个，包括华夏上证科创板50成份ETF、华宝中 证医疗ETF、易方达上证科创板50ETF、招商国证生物医药指数A、南方中证500ETF，持股减少占比达 1.32%。本期较上一季度新披露的公募基金共计2个，包括前海联合添瑞一年持有混合A、前海联合添利 债券A。本期较上一季未再披露的公募基金共计160个，主要包括汇添富中证主要消费ETF、科创ETF、 天弘国证生物医药ETF、广发科创50ETF、国泰中证医疗ETF等。 外资态度来看，本期较上一季度持股减少的外资基金共计1个，即香港中央结算有限公司，持股减少占 比达0.65%。本期较上一季未再披露的外资机构即香港中央结算有限公司。 2025年10月29日，华熙生物(688363.SH)发布2025年第三季报。截至2025年10月28日，共有11个机构投 资者披露持有华熙生物A股股份，合计持股量达3.50亿股，占华熙生物总股本的72.61%。其中，前十大 机构投资者包括华熙昕宇投资有限公司、国寿成达(上海)健康产业股权投资中心(有限合伙)、中国工商 银行股份有限公司-易方达上证科创 ...

Group 1 - The core viewpoint of the news is that Zhongwei Semiconductor (688380.SH) reported a decrease in institutional holdings in its A-shares, with a total of 8 institutional investors holding 24.0994 million shares, representing 6.02% of the total share capital, which is a decline of 1.96 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was a slight decrease in holdings from one public fund, namely the Southern CSI 1000 ETF, while one new public fund, the Caitong Advanced Manufacturing Select Mixed Fund A, was disclosed [2] - A total of 112 public funds did not disclose their holdings this quarter, including notable funds such as Huaxia CSI 1000 ETF, GF CSI 1000 ETF, and others [2]

Core Insights - Hengyu Environmental (688309.SH) reported its Q3 2025 results, revealing that as of October 28, 2025, six institutional investors held a total of 42.0047 million A-shares, representing 52.50% of the company's total share capital [1] Institutional Holdings - The total shareholding by institutional investors decreased by 1.16 percentage points compared to the previous quarter [1] - The institutional investors include Ningbo Meishan Free Trade Port Zone Junlong Investment Management Partnership, Ningbo Meishan Free Trade Port Zone Yingsheng Investment Management Partnership, Shandong Shanfa Green Industry Investment Mother Fund Partnership, Hefei Fengderui High-tech Industry Investment Partnership, Ningbo Meishan Free Trade Port Zone Ronglong Investment Management Partnership, and Yunnan Rongyuan Energy-saving Environmental Protection Industry Venture Capital Fund Partnership [1] Public Fund Disclosures - A total of 58 public funds were disclosed this period, which were not reported in the previous quarter [1] - Notable public funds include Huichuan Strategy Optimal Mixed A, Huian Multi-strategy Mixed A, Huaxia Ruipan Taili Mixed A, Huaxia Dingrong Bond A, and Zhongjia Specialized and New Quantitative Stock Selection Mixed Initiation A [1]

Group 1 - The core viewpoint of the news is that Zhiyuan Huilian (688369.SH) reported its Q3 2025 results, highlighting a significant change in institutional investor holdings [1] - As of October 28, 2025, 15 institutional investors disclosed holding a total of 12.1147 million shares, representing 10.51% of Zhiyuan Huilian's total share capital [1] - The top ten institutional investors collectively held 10.40% of the shares, which is a decrease of 7.65 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two funds increased their holdings compared to the previous period, accounting for an increase of 0.79% [2] - Nine new public funds disclosed their holdings this quarter, including notable funds such as Fuyuan Information Technology Mixed A and Chuangjin Hexin Software Industry Stock Initiation A [2] - A total of 128 public funds were not disclosed this quarter, including several prominent funds like Nu'an Active Return Mixed A and Huaxia Growth Mixed A [2] Group 3 - From the perspective of foreign investment, one new foreign institution disclosed its holdings this quarter, namely UBS AG [3]

Core Insights - Leike Electric (603355.SH) reported its Q3 2025 results, revealing that as of October 28, 2025, eight institutional investors held a total of 376 million shares, representing 65.62% of the company's total equity [1] - The institutional holding percentage decreased by 1.13 percentage points compared to the previous quarter [1] Institutional Holdings - The institutional investors include Leike Electric Investment Group Co., Ltd., GOLDVAC TRADING LIMITED, Suzhou Lida Investment Co., Ltd., Hong Kong Central Clearing Limited, Suzhou Yachen Investment Management Co., Ltd., Xinyuan Xintrend A, Xinwo Innovation Leading Mixed A, and GF CSI All Share Home Appliance ETF Link A [1] - The total institutional holding percentage stands at 65.62% [1] Public Fund Activity - Three new public funds were disclosed this quarter, including Xinyuan Xintrend A, Xinwo Innovation Leading Mixed A, and GF CSI All Share Home Appliance ETF Link A [1] - A total of 68 public funds were not disclosed this quarter, which includes Southern CSI 1000 ETF, GF Pension Index A, Huabao S&P China A-Share Dividend Opportunity ETF, Huaxia CSI 1000 ETF, and Fortune CSI Value ETF [1]

Core Insights - Huangshi Group (002329.SZ) released its Q3 2025 report, indicating a total of 17.2792 million A-shares held by institutional investors, accounting for 2.08% of the total share capital [1] - The institutional holding ratio decreased by 2.78 percentage points compared to the previous quarter [1] - The report noted that the public funds that did not disclose holdings this quarter included 17 funds, primarily from China Merchants and Guotai Junan [1] - Foreign investment sentiment showed that BARCLAYS BANK PLC did not disclose holdings this quarter, similar to the previous quarter [1]

Core Insights - Jiarun Technology (301117.SZ) reported its Q3 2025 results, revealing a total of 6 institutional investors holding shares, amounting to 6.1508 million shares, which represents 4.76% of the total share capital [1] - The institutional holding percentage decreased by 1.01 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Chengdu Jiaduoji Business Information Consulting Center (Limited Partnership), Industrial and Commercial Bank of China - GF Jufeng Mixed Securities Investment Fund, Agricultural Bank of China - Great Wall Jiujia Innovation Growth Flexible Allocation Mixed Securities Investment Fund, BARCLAYS BANK PLC, Goldman Sachs International - Proprietary Funds, and Green Hongli Enhanced Bond A [1] - The total institutional holding percentage is now at 4.76% [1] Public Funds - One public fund, GF Jufeng Mixed A, reduced its holdings by 0.21% compared to the previous quarter [1] - Two new public funds disclosed this quarter include Great Wall Jiujia Innovation Growth Mixed A and Green Hongli Enhanced Bond A [1] - A total of 44 public funds were not disclosed this quarter, including notable funds such as Dacheng CSI 360 Internet + Index A and GF Advantage Growth Stock A [1] Foreign Investment - Two new foreign institutions disclosed their holdings this quarter, including BARCLAYS BANK PLC and Goldman Sachs International - Proprietary Funds [2]

Core Insights - Jiuding New Materials (002201.SZ) reported its Q3 2025 results, revealing that as of October 28, 2025, four institutional investors held a total of 228 million shares, representing 35.06% of the company's total equity [1] - The institutional ownership decreased by 1.33 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Jiangsu Jiuding Group Co., Ltd., Qingdao Haikong Investment Holdings Co., Ltd., Xi'an Zhengwei New Materials Co., Ltd., and Boining Capital LLC - Boining Emerging Markets Small Cap Fund (USA) [1] - The total institutional ownership percentage is now at 35.06% [1] Public Funds - In this period, 15 public funds were disclosed, including Guotai Haitong Quantitative Stock Selection Mixed Fund A, Guotai Haitong CSI 1000 Index Enhanced Fund A, and others [1] Foreign Investment - One foreign fund, Boining Capital LLC - Boining Emerging Markets Small Cap Fund (USA), reduced its holdings, showing a slight decrease in ownership [1]