Core Insights - Q3 2025 report of Qipai Technology (688216.SH) shows that as of October 30, 2025, four institutional investors disclosed holdings totaling 8.3787 million shares, representing 7.84% of the total share capital [1] - The institutional holding percentage decreased by 1.23 percentage points compared to the previous quarter [1] Institutional Holdings - The institutional investors include: - Xinda Securities - Ping An Bank - Xinda Securities Aggregation No. 2 Collective Asset Management Plan - Shenzhen Zeyuan Private Securities Fund Management Co., Ltd. - Zeyuan Liwang Tian No. 42 Private Securities Investment Fund - Qipai Technology Co., Ltd. - 2023 Employee Stock Ownership Plan - Dingtai Sifang (Shenzhen) Private Securities Fund Management Co., Ltd. - Dingtai Sifang Fubao Growth No. 3 Private Securities Investment Fund [1] Public Fund Disclosures - In this period, 31 public funds were not disclosed compared to the previous quarter, including: - Dachen Zhongzheng 360 Internet + Index A - Nu'an Multi-Strategy Mixed A - Guotai Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive ETF - Tianhong Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A - Yifangda Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive ETF [1]

Core Insights - The core point of the article is the disclosure of institutional and public fund holdings in Shanying International (600567.SH) as of the third quarter of 2025, highlighting a decrease in institutional ownership compared to the previous quarter [1] Institutional Holdings - As of October 30, 2025, two institutional investors disclosed holdings in Shanying International A-shares, totaling 1.441 billion shares, which represents 24.79% of the company's total share capital [1] - The institutional investors include Fujian Taisheng Industrial Co., Ltd. and Hong Kong Central Clearing Limited, with a combined institutional holding percentage decrease of 2.04 percentage points compared to the previous quarter [1] Public Fund Holdings - In this period, 15 public funds were not disclosed compared to the previous quarter, including notable funds such as Chuangjin Hexin Competitive Advantage Mixed A, Chuangjin Hexin Cultural and Media Stock Initiation A, CITIC Securities Quantitative Progress A, Xinyuan National Index 2000 Enhanced A, and Guofu Xinghai Return Mixed A [1]

Core Viewpoint - Guangyu Group (002133.SZ) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 5 institutional investors holding 178 million shares, representing 22.94% of the total share capital, down by 1.74 percentage points from the previous quarter [1] Group 1: Institutional Investors - As of October 30, 2025, institutional investors include Hangzhou Pinghai Investment Co., Ltd., Hangzhou Lanhua Investment Management Co., Ltd., Guangdong Hefeng Private Fund Management Co., Ltd. - Hefeng Steady No. 1 Private Securities Investment Fund, J.P. Morgan Securities PLC - proprietary funds, and CITIC Securities Zhongzheng 500 Enhanced A [1] - The total institutional ownership decreased by 1.74 percentage points compared to the previous quarter [1] Group 2: Public Funds - One new public fund disclosed this period, which is CITIC Securities Zhongzheng 500 Enhanced A [1] - A total of 18 public funds were not disclosed this period, including notable funds such as Nuon An Duo Strategy Mixed A, Jinyuan Shun'an Yuanqi Flexible Allocation Mixed, Yimin Dividend Growth Mixed, and others [1] Group 3: Foreign Investment - One new foreign institution was disclosed this period, which is J.P. Morgan Securities PLC - proprietary funds [2]

Group 1 - The core viewpoint of the articles highlights the changes in institutional and public fund holdings in China Electric Motor (603988.SH) as of the third quarter of 2025, indicating a notable decrease in the proportion of shares held by the top ten institutional investors [1][2] Group 2 - As of October 30, 2025, a total of 12 institutional investors disclosed holdings in China Electric Motor A-shares, with a combined holding of 87.9843 million shares, accounting for 37.41% of the total share capital [1] - The top ten institutional investors collectively held 37.41% of the shares, which represents a decrease of 6.51 percentage points compared to the previous quarter [1] Group 3 - In the public fund sector, two funds increased their holdings, namely HSBC Jintrust Small Cap Equity and Huazhang Modern Life Mixed, with an increase ratio of 1.12% [2] - Two public funds reduced their holdings, specifically Everbright Prudent Selection Mixed A and Everbright Ruihe Mixed A, showing a slight decline [2] - Four new public funds disclosed their holdings this period, including Dachen New Industry Mixed A and Dachen Industry Trend Mixed A [2] - Fifty public funds were not disclosed this period, including Guangfa Strategy Preferred Mixed and Zhonggeng Value Leading Mixed [2] Group 4 - In the social security fund sector, one fund increased its holdings, namely the National Social Security Fund 503 Portfolio, with an increase ratio of 0.64% [2] - One social security fund was not disclosed this period, specifically Guangfa Fund Management Co., Ltd. - Social Security Fund 420 Portfolio [2]

Core Insights - Daqian Ecology (603955.SH) reported its Q3 2025 results on October 31, 2025, highlighting a significant institutional ownership of 53.99 million shares, which constitutes 39.78% of the total share capital [1] Institutional Ownership - As of October 30, 2025, four institutional investors disclosed their holdings in Daqian Ecology, with a total ownership of 53.99 million shares, representing 39.78% of the company's total equity [1] - The institutional ownership percentage decreased by 5.05 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 33 public funds were not disclosed compared to the previous quarter, including notable funds such as Hai Fu Tong Growth Value Mixed A and Hui Tian Fu Advantage Selection Mixed [1] Foreign Investment - The report indicates that there were no new disclosures from foreign institutions in this quarter, specifically mentioning Goldman Sachs International - Proprietary Funds [1]

Core Viewpoint - As of October 30, 2025, institutional investors hold a total of 215 million shares of Yashi Chuangneng (603378.SH), representing 50.11% of the company's total equity, indicating a slight decline in institutional ownership compared to the previous quarter [1] Institutional Holdings - Six institutional investors have disclosed their holdings in Yashi Chuangneng, with a combined ownership of 215 million shares, accounting for 50.11% of the total share capital [1] - The proportion of shares held by institutional investors has decreased by 1.31 percentage points compared to the previous quarter [1] Public Fund Holdings - In the current period, 26 public funds have not disclosed their holdings, including notable funds such as Guotai CSI All Share Construction Materials ETF and others [1]

Group 1 - Linyang Energy (601222.SH) reported its Q3 2025 results on October 31, 2025, with a total of 8 institutional investors holding 819 million shares, representing 39.76% of the total share capital [1] - The institutional holding percentage decreased by 1.11 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, Tianhong Zhongzheng Photovoltaic A, increased its holdings, while another fund, Photovoltaic ETF, saw a slight decrease in holdings [2] - Two new public funds were disclosed this period, including HSBC Jintrust Small Cap Stock and Zhongyou Ruize One-Year Bond A [2] - A total of 123 public funds were not disclosed this period, including several major ETFs [2]

Group 1 - Silan Microelectronics (600460.SH) reported its Q3 2025 results on October 31, 2025, with 15 institutional investors disclosing holdings of 712 million shares, accounting for 42.78% of the total share capital [1] - The top ten institutional investors include notable entities such as Hangzhou Silan Holdings Co., Ltd. and various investment funds, collectively holding 42.76% of the shares, which represents a decrease of 3.12 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, five funds reported a decrease in holdings compared to the previous quarter, with a total reduction rate of 0.43% [2] - Two new public funds were disclosed during this period, including the Jia Shi Zhong Zheng Semiconductor Index Enhanced Initiation A and Da Cheng Industry Pioneer Mixed A [2] - A total of 392 public funds were not disclosed in this quarter, including several semiconductor-related ETFs [2]

Core Insights - Demar Technology (688360.SH) reported its Q3 2025 results on October 31, 2025, highlighting significant institutional investor activity [1] Institutional Holdings - As of October 30, 2025, five institutional investors disclosed holdings in Demar Technology A-shares, totaling 102 million shares, which represents 38.79% of the company's total equity [1] - The institutional investors include Huzhou Demar Investment Consulting Co., Ltd., Huzhou Chuangde Investment Consulting Partnership (Limited Partnership), Huzhou Ligoo Management Consulting Co., Ltd., J.P. Morgan Securities PLC - proprietary funds, and Huzhou Quanmei Investment Partnership (Limited Partnership) [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 3.64 percentage points [1] Public Fund Activity - In this reporting period, 58 public funds were not disclosed compared to the previous quarter, including notable funds such as Baoying Technology 30 Mixed, Shenwan Hongyuan Leting Mixed A, Penghua New Energy Mixed A, Penghua Carbon Neutral Theme Mixed A, and CSI 2000 [1]

Core Viewpoint - Fumiao Technology (688350.SH) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 5 institutional investors holding 64.1542 million shares, representing 52.52% of the total share capital, a decrease of 3.14 percentage points from the previous quarter [1] Institutional Ownership - As of October 30, 2025, institutional investors include Yongzhuo Holdings Limited, Jiangsu Feixiang Chemical Co., Ltd., Jiangsu Fumiao Technology Co., Ltd. - 2022 Employee Stock Ownership Plan, Beijing Ruishibang Fine Chemical Technology Co., Ltd., and Yinhua Huiyi One-Year Holding Period Mixed A [1] - The total institutional ownership percentage decreased by 3.14 percentage points compared to the previous quarter [1] Public Fund Activity - One new public fund disclosed its holdings this quarter, namely Yinhua Huiyi One-Year Holding Period Mixed A [1] - A total of 37 public funds were not disclosed in this quarter compared to the previous quarter, including major funds such as Dacheng Jingheng Mixed A, Zhongjia Specialized and New Quantitative Stock Selection Mixed Initiation A, and others [1]