Core Viewpoint - The report highlights the current institutional ownership structure of Nanji E-commerce, indicating a slight decline in the proportion of shares held by the top institutional investors compared to the previous quarter [1]. Group 1: Institutional Ownership - As of August 27, 2025, a total of 21 institutional investors hold shares in Nanji E-commerce, with a combined holding of 335 million shares, representing 13.65% of the total share capital [1]. - The top ten institutional investors account for 13.37% of the total shares, with a decrease of 1.54 percentage points from the previous quarter [1]. Group 2: Public Fund Activity - One public fund, Shenwan Hongyuan New Economy Mixed Fund, increased its holdings, while two funds, Shenwan Hongyuan Le Xiang Mixed A and Chang'an Advantage Industry Mixed A, reduced their holdings [2]. - Four new public funds disclosed their holdings in this period, including Galaxy Service Mixed A and Galaxy Transformation Mixed A [2]. - Fifteen public funds that were previously disclosed did not report their holdings this quarter, including several Shenwan Hongyuan funds [2]. Group 3: Social Security Fund and Foreign Investment - One new social security fund, the National Social Security Fund 107 Portfolio, disclosed its holdings in Nanji E-commerce, while one fund, the National Social Security Fund 116 Portfolio, was not reported this quarter [2]. - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.39% compared to the previous quarter [2].

Group 1 - The core viewpoint of the news is that Mengwang Technology (002123.SZ) reported its semi-annual results for 2025, highlighting changes in institutional and public fund holdings [1] - As of August 27, 2025, a total of 7 institutional investors disclosed holdings in Mengwang Technology, with a combined shareholding of 53.5668 million shares, accounting for 6.65% of the total share capital [1] - The institutional holding ratio decreased by 1.25 percentage points compared to the previous quarter [1] Group 2 - Among public funds, three funds increased their holdings compared to the previous period, with a total increase in shareholding ratio of 0.41% [1] - One new public fund disclosed its holdings this period, while one fund did not disclose its holdings compared to the previous quarter [1] - The foreign investment perspective shows that one foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 1.11% compared to the previous quarter [2]

Group 1 - Core viewpoint: Hualan Biological (002007.SZ) reported its semi-annual results for 2025, revealing significant institutional investor interest with 29 institutions holding a total of 660 million shares, representing 36.12% of the total share capital [1] - The top ten institutional investors collectively hold 36.05% of Hualan Biological's shares, with a slight decrease of 1.14 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, the Biological Vaccine ETF, increased its holdings, while two funds, including the Innovative Medicine and the China Securities Index Fund, saw a reduction in holdings by 0.26% [2] - A total of 14 new public funds were disclosed this period, including Southern CSI 500 ETF and Ping An CSI A500 ETF, while 9 funds were no longer disclosed, such as E Fund CSI 300 Medical ETF and Huatai-PineBridge CSI 300 ETF [2] - Foreign investment sentiment showed an increase in holdings from one foreign fund, Hong Kong Central Clearing Limited, with an increase of 0.32% [2]

Group 1 - The core viewpoint of the news is the disclosure of institutional and public fund holdings in Digital China (000034.SZ) as of August 27, 2025, highlighting changes in ownership and investment trends [1][2] Group 2 - As of the report date, 26 institutional investors hold a total of 110 million shares of Digital China, representing 15.23% of the total share capital [1] - The top ten institutional investors collectively hold 15.20% of the shares, with a decrease of 2.74 percentage points compared to the previous quarter [1] - Among public funds, only one fund, the Southern CSI 500 ETF, increased its holdings by 0.34% compared to the previous period [2] - Eleven new public funds disclosed their holdings, including notable names like Ping An CSI A500 ETF and Penghua CSI 500 Index (LOF) A [2] - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 1.63% compared to the previous quarter [2]

Core Viewpoint - Chujiang New Materials (002171.SZ) reported its 2025 semi-annual results, highlighting significant institutional ownership and changes in public fund holdings [1][2]. Group 1: Institutional Ownership - As of August 27, 2025, 48 institutional investors held a total of 671 million shares of Chujiang New Materials, representing 44.46% of the total share capital [1]. - The top ten institutional investors collectively held 40.81% of the shares, with a decrease of 1.27 percentage points compared to the previous quarter [1]. Group 2: Public Fund Holdings - Two public funds increased their holdings, accounting for a 0.11% increase, while three funds decreased their holdings, resulting in a 0.88% decrease [2]. - Six new public funds were disclosed during this period, including notable funds such as Guotai CSI Military ETF and Penghua Aerospace Military Index [2]. - Forty public funds were not disclosed in this period, indicating a significant turnover in public fund participation [2]. Group 3: Pension Fund Holdings - One pension fund, the Basic Pension Insurance Fund 1205 Combination, reported a slight decrease in holdings compared to the previous quarter [2]. Group 4: Foreign Investment - The Hong Kong Central Clearing Limited was noted as an external institution that did not disclose holdings in this period [3].

Group 1 - Mingde Biological (002932.SZ) released its semi-annual report for 2025 on August 28, 2025, showing that as of August 27, 2025, 11 institutional investors held a total of 11.31 million shares, accounting for 4.86% of the total share capital [1] - The top ten institutional investors include major entities such as China Merchants Bank, Bank of China, and China Ping An Life Insurance, with their combined shareholding percentage decreasing by 2.23 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, three funds reported a decrease in holdings compared to the previous quarter, with a total reduction of 0.56% [2] - Four new public funds disclosed their holdings this quarter, including funds focused on dividend indices and medical devices [2] - In the insurance sector, one insurer, China Ping An Life Insurance, reported a slight decrease in holdings compared to the previous quarter [2]

Core Viewpoint - Toxin Pharmaceutical (301089.SZ) reported its 2025 semi-annual results, highlighting a total of 22.03 million shares held by institutional investors, representing 17.41% of the company's total equity, with a decline in institutional holding percentage compared to the previous quarter [1] Institutional Holdings - As of August 27, 2025, four institutional investors disclosed their holdings in Toxin Pharmaceutical, with a combined shareholding of 22.03 million shares [1] - The institutional investors include SHENGLIN HOLDING CO. LTD., LUKOIL, UBS AG, and BARCLAYS BANK PLC, with a total institutional holding percentage of 17.41% [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 2.04 percentage points [1] Foreign Investment - One foreign fund, LUKOIL, reduced its holdings compared to the previous quarter, with a decrease of 0.80% [1] - Two new foreign institutions disclosed their holdings during this period, namely UBS AG and BARCLAYS BANK PLC [1]

Group 1 - Tianwei Food (603317.SH) released its semi-annual report for 2025 on August 28, 2025, indicating that as of August 27, 2025, a total of 9 institutional investors disclosed holding shares in Tianwei Food, with a total holding of 76.01 million shares, accounting for 7.14% of the total share capital [1] - The institutional investors include Hong Kong Central Clearing Limited, Shenzhen Yingfu Huizhi Private Securities Fund, and several funds managed by Shanghai Sixiao Investment Management [1] - Compared to the previous quarter, the total proportion of shares held by institutional investors decreased by 1.32 percentage points [1] Group 2 - In the public fund sector, one new public fund was disclosed this period, namely the招商国证食品饮料ETF, while 16 public funds were not disclosed compared to the previous quarter [2] - The undisclosed public funds include 兴银智选消费混合A, 鹏华研究智选混合, and others [2] - Regarding foreign investment, the Hong Kong Central Clearing Limited was the only foreign institution that was not disclosed this period compared to the previous quarter [2]

Group 1 - Zhaowei Electromechanical (003021.SZ) released its semi-annual report for 2025, indicating that as of August 27, 2025, 37 institutional investors held a total of 120 million A-shares, accounting for 49.95% of the total share capital [1] - The top ten institutional investors collectively held 49.62% of the shares, with a notable decrease of 4.58 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, four funds reported a decrease in holdings compared to the previous quarter, with a total reduction of 1.61% [2] - Thirteen new public funds were disclosed during this period, including notable names such as Southern CSI 1000 ETF and Rongtong Internet Media Flexible Allocation Mixed Fund [2] - One foreign fund, Hong Kong Central Clearing Limited, reported a decrease in holdings, with a reduction of 0.57% compared to the previous quarter [2]

Core Insights - Dongfang Risen (300118.SZ) reported its 2025 semi-annual results, revealing that as of August 27, 2025, 21 institutional investors held a total of 154 million shares, accounting for 13.53% of the company's total equity [1] - The top ten institutional investors collectively held 13.48% of the shares, with a decrease of 1.36 percentage points compared to the previous quarter [1] Institutional Holdings - The top institutional investors include Guanghua Sunshine Asset Management, Bank of Communications, Hong Kong Central Clearing Limited, China Construction Bank, and others [1] - The number of institutional investors holding shares has remained stable, but the proportion held by the top ten has decreased [1] Public Fund Activity - One public fund, HSBC Jintrust Core Growth Mixed A, increased its holdings by 0.11% compared to the previous period [2] - One public fund, the Photovoltaic ETF, saw a slight decrease in holdings [2] - Eleven new public funds disclosed their holdings this period, including HSBC Jintrust Dynamic Strategy Mixed A and others [2] - Four public funds that were previously disclosed have not reported this period [2] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.73% compared to the previous period [2]