Core Viewpoint - Junting Hotel (301073.SZ) reported its Q3 2025 results, highlighting changes in institutional and public fund holdings, with a notable decrease in institutional ownership compared to the previous quarter [1] Institutional Investors - As of October 24, 2025, three institutional investors disclosed holdings in Junting Hotel A-shares, totaling 2.9389 million shares, which represents 1.51% of the total share capital [1] - The institutional ownership decreased by 1.20 percentage points compared to the previous quarter [1] Public Funds - Two public funds increased their holdings during this period, specifically the Fortune China Tourism ETF and the Huaxia China Tourism ETF, with an increase in holdings accounting for 0.32% [1] - A total of 74 public funds did not disclose their holdings this quarter, including notable funds such as Huaxia Return Mixed A and Penghua Quality Governance Mixed (LOF) A [1] Insurance Capital - One insurance capital entity increased its holdings, namely the Xinhua Asset Management - Industrial Bank - Xinhua Asset - Minghui No. 2 Asset Management Product, with an increase accounting for 0.1% [1]

Core Insights - Angli康 (002940.SZ) reported its Q3 2025 results, revealing that as of October 24, 2025, nine institutional investors held a total of 94.36 million shares, representing 46.77% of the company's total equity [1] - The institutional holding percentage decreased by 7.00 percentage points compared to the previous quarter [1] Institutional Holdings - The institutional investors include Shenzhou JunTai Investment Co., Ltd., Zhejiang Angli康 Pharmaceutical Co., Ltd. - Phase I Employee Stock Ownership Plan, and several funds from major banks such as Bank of China, Industrial and Commercial Bank of China, and China Construction Bank [1] - The total institutional holding percentage is now at 46.77%, down from the previous quarter [1] Public Fund Holdings - Four public funds increased their holdings this period, including Huatai-PB Innovation Medicine Mixed A, GF Healthcare Stock A, and others, with an increase rate of 1.45% [2] - One public fund, China Europe Medical Health Mixed A, reported a decrease in holdings by 1.66% compared to the previous quarter [2] - One new public fund was disclosed this period, namely Longcheng Pharmaceutical Industry Selected Mixed Initiation A [2] - A total of 114 public funds were not disclosed this period, including notable funds like GF Technology Innovation Mixed A and others [2]

Core Insights - Shield Environment (002011.SZ) reported its Q3 2025 results, revealing that as of October 24, 2025, institutional investors held a total of 547 million shares, accounting for 51.30% of the company's total equity [1] - The proportion of shares held by institutional investors decreased by 5.98 percentage points compared to the previous quarter [1] Institutional Holdings - Eight institutional investors disclosed their holdings in Shield Environment, including Zhuhai Gree Electric Appliances Co., Ltd., Zijin Mining Investment (Shanghai) Co., Ltd., and China Life Insurance Co., Ltd. [1] - The public fund sector saw a decrease in holdings from one public fund, specifically the Southern CSI 1000 ETF, with a slight decline in shareholding [1] - A total of 222 public funds did not disclose their holdings this quarter, including notable funds such as Invesco Great Wall Energy Infrastructure Mixed A and Harvest CSI 1000 ETF [1] Social Security Fund and Insurance Holdings - One social security fund, the National Social Security Fund 113 Portfolio, reduced its holdings by 2.72% compared to the previous quarter, while a new fund, the National Social Security Fund 104 Portfolio, was disclosed [2] - One insurance company, China Life Insurance Co., Ltd., increased its holdings by 0.2% [2] - Foreign investment saw an increase from Hong Kong Central Clearing Limited, which raised its holdings by 0.64% [2]

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1.90%。 公募基金方面，本期较上一期持股增加的公募基金共计7个，主要包括黄金股ETF、平安中证沪深港黄 金产业ETF、中欧中证沪深港黄金产业股票指数发起A、北信瑞丰丰利、北信瑞丰鼎利债券A等，持股 增加占比达0.66%。本期较上一季度持股减少的公募基金共计2个，包括南方中证500ETF、泰信景气驱 动12个月持有期混合A，持股减少占比小幅下跌。本期较上一季度新披露的公募基金共计2个，包括融 通增元债券A、泰信中证200指数。本期较上一季未再披露的公募基金共计799个，主要包括招商行业精 选股票、嘉实价值精选股票A、前海开源金银珠宝混合A、南方中证申万有色金属ETF、嘉实价值长青 混合A等。 对于社保基金，本期较上一期持股增加的社保基金共1个，即全国社保基金一一八组合，持股增加占比 达0.91%。 2025年10月25日，赤峰黄金(600988.SH)发布2025年第三季报。截至2025年10月24日，共有16个机构投 资者披露持有赤峰黄金A股股份，合计持股量达2.61亿股，占赤峰黄金总股本的13.71%。其中， ...

Group 1 - The core viewpoint of the news is that Daotong Technology (688208.SH) reported a decrease in institutional holdings in its third-quarter report for 2025, with a total of 6 institutional investors holding 73.52 million shares, accounting for 10.97% of the total share capital, which is a decline of 2.95 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was an increase in holdings from one public fund, Bosera Sci-Tech Board Artificial Intelligence ETF, with an increase ratio of 0.12%, while one public fund, Southern CSI 1000 ETF, saw a slight decrease in holdings [2] - There was one social security fund that was not disclosed in the previous quarter, which is the Huatai-PineBridge Fund Management Co., Ltd. - Social Security Fund 17022 Portfolio [2] - Regarding foreign investment, one foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.37% compared to the previous quarter [2]

Core Viewpoint - Guangda Special Materials (688186.SH) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 6 institutional investors holding 63.57 million shares, representing 22.66% of the total share capital, a decrease of 6.72 percentage points from the previous quarter [1] Institutional Ownership - As of October 23, 2025, institutional investors include Zhangjiagang Guangda Investment Holding Group Co., Ltd., Zhangjiagang Guangda Special Materials Co., Ltd. - 2024 Employee Stock Ownership Plan, Zhangjiagang Wanding Investment Partnership (Limited Partnership), Guangdong Tianchuang Private Securities Investment Fund Management Co., Ltd. - Tianchuang No. 18 Private Securities Investment Fund, China Pacific Life Insurance Co., Ltd. - Traditional - Ordinary Insurance Products, and Zhangjiagang Phoenix Cultural Tourism Development Co., Ltd. [1] - The total institutional ownership percentage decreased by 6.72 percentage points compared to the previous quarter [1] Public Fund Disclosure - In this period, 113 public funds were not disclosed compared to the previous quarter, including Western Leading Carbon Neutrality Mixed Fund A, Fortune High-tech Industry Mixed Fund, Fortune Low-carbon New Economy Mixed Fund A, China Merchants Quantitative Selected Stocks Initiated A, and Penghua National Steel Industry Index (LOF) A [1]

Core Viewpoint - Ampelron (301413.SZ) reported its Q3 2025 results, highlighting a significant presence of institutional investors holding 21.25% of its total shares, with a notable decline in the proportion held by the top ten institutions compared to the previous quarter [1] Group 1: Institutional Holdings - As of October 23, 2025, a total of 11 institutional investors disclosed holdings in Ampelron A-shares, amounting to 20.9064 million shares [1] - The top ten institutional investors collectively hold 21.21% of Ampelron's total shares, which is a decrease of 6.44 percentage points from the previous quarter [1] Group 2: Public Fund Holdings - One public fund, Penghua Carbon Neutral Theme Mixed A, reduced its holdings by 0.86% compared to the previous quarter [2] - Four new public funds disclosed their holdings this quarter, including Invesco Great Wall Research Selected Stock A and Invesco Great Wall Stable Return Mixed A [2] - A total of 155 public funds were not disclosed this quarter, including notable funds such as Yongying Advanced Manufacturing Smart Selection Mixed A and Penghua Hong Kong-Shenzhen Emerging Growth Mixed A [2]

Core Viewpoint - Huakai Yibai (300592.SZ) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 76.43 million shares held by four institutional investors, representing 18.90% of the total share capital, a decrease of 4.63 percentage points from the previous quarter [1] Group 1: Institutional Ownership - As of October 23, 2025, four institutional investors disclosed their holdings in Huakai Yibai A-shares, totaling 76.43 million shares [1] - The total institutional ownership accounts for 18.90% of Huakai Yibai's total share capital [1] - The institutional ownership percentage decreased by 4.63 percentage points compared to the previous quarter [1] Group 2: Public Fund Disclosure - In this period, 35 public funds were not disclosed compared to the previous quarter [1] - Notable public funds include Dongfanghong Ruihe and three-year holding mixed A, Dongfanghong Qihang three-year holding mixed A, Dongfanghong Hengyang five-year holding mixed, Xin'ao Industry Preferred one-year holding mixed A, and Zhongzheng 2000 [1]

Core Viewpoint - Zhongyi Technology (301208.SZ) reported its Q3 2025 results, indicating a decline in institutional ownership and changes in public fund holdings [1] Institutional Ownership - As of October 23, 2025, there is one institutional investor holding shares in Zhongyi Technology, with a total of 882,900 shares, representing 0.74% of the total share capital [1] - The institutional ownership percentage decreased by 1.26 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, the Huabao Zhongzheng Financial Technology Theme ETF, increased its holdings by 0.37% compared to the last period [1] - A total of 20 public funds that were previously disclosed have not reported their holdings this quarter, including notable funds such as Galaxy and Meisheng Mixed A, Bosera Financial Technology ETF, and others [1] Foreign Investment - The report indicates that BARCLAYS BANK PLC is the foreign institution that has not disclosed its holdings this quarter, compared to the previous quarter [1]

Group 1 - The core viewpoint of the news is that KuaiKe Electronics (301278.SZ) reported its Q3 2025 results, highlighting changes in institutional and foreign investment holdings [1][2] Group 2 - As of October 22, 2025, six institutional investors disclosed holding a total of 7.0074 million shares of KuaiKe Electronics, representing 7.81% of the total share capital, with a decrease of 2.61 percentage points compared to the previous quarter [1] - The institutional investors include Chengdu Fund, Beijing Taide Sheng, Shanghai Bansheng, J.P. Morgan Securities PLC, and others [1] Group 3 - In terms of public funds, 33 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Huaxia Panrun and Wanjiaguo Zheng 2000 ETF [1] Group 4 - From the perspective of foreign investment, there was an increase in holdings from one foreign fund, J.P. Morgan Securities PLC, with an increase of 0.16% [2] - One foreign institution, BARCLAYS BANK PLC, was not disclosed in this period compared to the previous quarter [2]