Core Insights - The Social Security Fund (SSF) has invested in 116 stocks by the end of Q2, with 43 stocks held for over 8 consecutive quarters, indicating a preference for long-term investments [1][2] Group 1: Investment Holdings - SSF's longest-held stock is Changshu Bank, held for 30 consecutive quarters since Q1 2018, with a total holding of 278 million shares, accounting for 8.38% of the circulating shares [1][2] - Other notable long-term holdings include Blue Sky Technology (29 quarters), Changhai Co. (28 quarters), and Aide Biology (26 quarters) [1][2] - Among the 43 stocks held for over 2 years, the largest holdings by quantity are Changshu Bank (27.78 million shares), Huafa Co. (9.04 million shares), and Fuling Power (8.17 million shares) [2] Group 2: Changes in Holdings - In Q2, 12 of the 43 stocks saw an increase in SSF holdings, with significant increases in Haida Group (93.26%), New Clean Energy (77.44%), and Hongfa Co. (76.77%) [2][3] - Conversely, 14 stocks experienced a reduction in holdings, with the largest decreases in Lingrui Pharmaceutical (60.01%), Shenhuo Co. (59.75%), and Huajin Co. (56.76%) [2][3] Group 3: Industry Performance - Among the 43 stocks, 30 reported year-on-year profit growth, with notable increases from Shengnong Development (791.93%), Jifeng Co. (189.51%), and Wanhui High-tech (97.47%) [3] - 12 stocks experienced a decline in net profit, with the largest declines from Huafa Co. (86.41%), Bayi Space (37.90%), and Huajin Co. (33.15%) [3] - The stocks with consistent profit growth over the past three years include Shenzhen Airport, Siyuan Electric, and Yanjing Beer [3] Group 4: Sector Distribution - The 43 stocks are concentrated in the electronics, basic chemicals, and pharmaceutical industries, each with 6 stocks represented [2] - The main board contains 31 stocks, while the ChiNext board has 8 stocks, and the Sci-Tech Innovation board has 4 stocks [2]

Core Insights - The latest half-year reports reveal that social security funds have emerged as significant shareholders in 89 companies, with 20 of these stocks seeing new heavy investments from the funds [1] Industry Summary - The basic chemical industry has the highest number of stocks favored by social security funds, with a total of 11 stocks and a combined holding value of 4.075 billion [1] - The pharmaceutical and biological, electronics, and electrical equipment industries follow closely, with 10, 9, and 9 stocks respectively [1] Company Summary - As of June 30, the total market value of shares held by social security funds reached 25.342 billion, with four companies having holdings exceeding 1 billion: Changshu Bank (2.047 billion), Pengding Holdings (1.378 billion), and Haida Group (1.232 billion) [1]

财报季，机构持股动向逐渐浮出水面，社保基金二季度末共现身90只股，其中，34股已连续持有超8个 季度。 作为风格稳健的长期机构投资者，社保基金长线持有的重仓股引人关注，据证券时报·数据宝统计，截 至8月19日，公布半年报公司中，社保基金最新出现在90家公司前十大流通股东榜，向前追溯发现，共 有48只股获社保基金连续持有4个季度以上。其中，34只社保基金持有期超过两年，常熟银行、艾德生 物等6只获社保基金连续持仓超5年。 社保基金持有期限最长的个股是常熟银行，自2018年一季度以来已累计持有30个季度，最新嘉实基金管 理有限公司-社保基金16042组合、全国社保基金四一三组合、全国社保基金一一零组合、全国社保基金 四零六组合，位列公司第四大、第六大、第七大、第九大流通股东，持股量合计为2.78亿股，占流通股 比例为8.38%，社保基金持有期限较长的还有艾德生物、三人行、鹏鼎控股等，已连续持有26、21、20 个季度。 社保基金连续持仓超2年的34只个股中，从二季度末社保基金持股量来看，常熟银行、华发股份、鹏鼎 控股等持股数量居前，社保基金分别持有2.78亿股、9043.83万股、4301.00万股。社保基金持股 ...

Group 1 - The stock price of Chuanfeng Power is reported at 280.76 yuan, down by 5.17 yuan or 1.81% from the previous trading day [1] - The opening price was 285.95 yuan, with a highest point of 285.95 yuan and a lowest point of 278.20 yuan, with a trading volume of 20,583 hands and a transaction amount of 578 million yuan [1] - Chuanfeng Power belongs to the transportation equipment industry, primarily engaged in the research, development, production, and sales of all-terrain vehicles, motorcycles, and aftermarket products [1] Group 2 - In the second quarter, the social security fund newly held 1.9794 million shares of Chuanfeng Power, accounting for 1.3% of the circulating shares [1] - Among the newly held stocks by the social security fund, Chuanfeng Power ranks fifth in terms of holding proportion [1] - On August 18, the net outflow of main funds was 45.0376 million yuan, accounting for 0.11% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds reached 165 million yuan, accounting for 0.39% of the circulating market value [1]

Group 1 - The stock price of Changshu Bank closed at 7.62 yuan on August 15, 2025, down 0.04 yuan or 0.52% from the previous trading day [1] - The bank's opening price was 7.69 yuan, with a highest price of 7.70 yuan and a lowest price of 7.46 yuan, with a trading volume of 792,479 shares and a total transaction amount of 599 million yuan [1] - Changshu Bank is a regional commercial bank headquartered in Jiangsu, focusing on serving the county economy, offering traditional banking services such as deposits, loans, settlements, and wealth management, with a differentiated advantage in small and micro enterprise financial services [1] Group 2 - The social security fund has held shares in Changshu Bank for 30 consecutive quarters since Q1 2018, with the latest holdings involving four social security fund combinations totaling 278 million shares, accounting for 8.38% of the circulating shares [1] - As of the end of Q2, the social security fund's shareholding decreased slightly by 0.57% quarter-on-quarter, but it remains one of the bank stocks with the highest proportion of social security fund holdings [1] - On August 15, the net outflow of main funds from Changshu Bank was 10.69 million yuan, with a cumulative net outflow of 29.12 million yuan over the past five days [2]

Core Viewpoint - Hongfa Technology's stock price on August 15 was reported at 26.14 yuan, reflecting a decrease of 0.42% from the previous trading day, with a trading range of 1.56% and a transaction volume of 516 million yuan [1] Group 1: Company Overview - Hongfa Technology specializes in the research, development, production, and sales of relays and related products, which are widely used in home appliances, automobiles, and electric power sectors [1] - The company's segments include power grid equipment, new energy, and new materials [1] Group 2: Shareholding and Investment Trends - The social security fund has held Hongfa Technology shares for 20 consecutive quarters, with a 76.77% increase in holdings compared to the previous quarter as of the end of Q2 [1] - Foreign investors hold 25.107% of the shares, and pension accounts held 28.22 million shares at the end of Q2, reflecting a 64.93% increase quarter-over-quarter [1] Group 3: Capital Flow - On August 15, Hongfa Technology experienced a net outflow of 48.76 million yuan in main funds, with a cumulative net outflow of 85.30 million yuan over the past five days [1]

导语 二季度，社保基金持仓股票中，增持的主要涉及银行、化工、电子等行业，偏好业绩稳定增长的个股；新进个股行业分布则较为多元，既关注传统优势行 业，也布局新兴成长领域。 在银行板块中，常熟银行成为社保基金较为青睐的个股，截至6月底，共有4个组合出现在该行十大流通股东名单中，合计持股 2.78 亿股，占该行流通股 比例达到8.38%，其中新增持股2379.72万股， 行业分布方面，17只新进个股涵盖了基础化工、家用电器、社会服务、计算机、交通运输等多个行业领域，传统优势行业与新兴成长板块均有涉及。 二季度重仓股有涨有跌 据Choice统计，截至8月14日，社保基金已在近50家上市公司半年报前十大流通股东中现身，合计持股数量超过8亿股，持股市值合计超过151亿元。从持 股变动来看，新进17只个股，增持15只，减持9只，没有变化的共有有8只。 从新进个股来看，涵盖了基础化工、家用电器、社会服务、计算机、交通运输等多个行业领域。业绩表现方面，超过六成上半年净利润实现增长。 从市场表现来，上述二季度社保基金重仓的个股年初至今的平均涨幅超过22%，超过七成个股上涨。 多领域布局17只新进个股 二季度社保基金重仓股超过七成半 ...

Core Viewpoint - The article highlights the significant presence of social security funds in the stock market, particularly focusing on their investments in various sectors and specific companies as of the first half of 2025 [1][3]. Group 1: Social Security Fund Holdings - As of August 13, 2025, 281 A-share listed companies have disclosed their mid-year reports, with 42 companies having social security funds among their top ten circulating shareholders [3][6]. - The total number of shares held by social security funds amounts to 789 million, with a market value of 14 billion yuan [3][9]. - The top three companies by market value held by social security funds are Changshu Bank (20.47 billion yuan), Pengding Holdings (13.78 billion yuan), and Haida Group (12.32 billion yuan) [3][4]. Group 2: Sector Analysis - Social security funds have significant holdings in the basic chemical and banking sectors, each exceeding 2 billion yuan, while holdings in the electronics and pharmaceutical sectors exceed 1.2 billion yuan [9][11]. - The total market value of social security fund holdings in the basic chemical sector is 23.97 billion yuan, and in the banking sector, it is 20.47 billion yuan [9][11]. Group 3: Changes in Holdings - In the second quarter of 2025, social security funds entered the top ten shareholders of 15 new stocks, with notable investments in Yanjing Beer, Chuanfeng Power, and Weixing Chemical, each exceeding 300 million yuan [6][9]. - The largest increase in holdings was seen in Changshu Bank, with an additional 23.8 million shares acquired, followed by Haida Group and Pengding Holdings with increases of 10.15 million shares and 6.51 million shares, respectively [8][9].

Group 1 - The core viewpoint of the articles highlights the recent movements of social security funds in the stock market, with 16 new stocks being added to their portfolio in the second quarter [1] - A total of 384 companies have disclosed their semi-annual reports, revealing the actions of institutional investors through the top ten circulating shareholders [1] - Social security funds appeared in 57 stocks, with 16 new positions, 15 increased holdings, 15 reduced holdings, and 11 stocks where the holding amount remained unchanged [1] Group 2 - Among the newly established stocks, the highest number of social security fund appearances in the top ten circulating shareholders is in Su Shi Testing, with three funds holding a total of 14.86 million shares, accounting for 2.94% of circulating shares [1] - The stock with the highest holding ratio among the new positions is Zhong Chumei, with a holding ratio of 3.45%, followed by Beiding Co., Ltd. at 3.16% [1] - The stock with the largest holding amount among the new positions is Satellite Chemical, with 20.17 million shares held, followed by Su Shi Testing and Zhongyuan Expressway with 14.86 million shares and 13 million shares, respectively [1] Group 3 - In terms of performance, 15 of the newly established stocks reported year-on-year net profit growth, with the highest increase being 496.60% for Xin Qiang Lian, which achieved a net profit of 399.61 million yuan [2] - Other companies with significant net profit growth include Ta Pai Group and Guo Mai Culture, with increases of 92.47% and 80.38%, respectively [2] - A detailed list of newly established stocks by social security funds includes various companies across different industries, such as Zhong Chumei in basic chemicals and Beiding Co., Ltd. in home appliances [2]

Core Insights - The article highlights the recent movements of social security funds in the stock market, revealing that 15 new stocks were added to their portfolio in the second quarter [1] - A total of 286 companies have released their semi-annual reports, and the top ten circulating shareholders' data indicates the actions of institutional investors [1] Summary by Category Social Security Fund Holdings - Social security funds appeared in 43 stocks, with 15 new entries, 10 increased holdings, 11 reduced holdings, and 7 stocks with unchanged holdings [1] - The stock with the highest number of social security fund entries is Su Shi Testing, with three funds listed among the top ten shareholders, holding a total of 14.86 million shares, accounting for 2.94% of circulating shares [1] New Stocks and Holdings - Among the newly added stocks, the highest holding percentage by social security funds is in Zhong Chumei, with a holding ratio of 3.45%, followed by Beiding Co., Ltd. at 3.16% [1] - The stock with the largest number of shares held by social security funds is Satellite Chemical, with 20.17 million shares, followed by Su Shi Testing and Zhongyuan Expressway with 14.86 million shares and 13 million shares, respectively [1] Performance of New Stocks - In terms of performance, 14 out of the new stocks reported year-on-year net profit growth, with the highest increase seen in Xin Qiang Lian, achieving a net profit of 399.61 million yuan, a year-on-year increase of 496.60% [2] - Other notable companies with significant net profit growth include Ta Pai Group and Guo Mai Culture, with increases of 92.47% and 80.38%, respectively [2] New Stock List - A detailed list of new stocks includes: - Zhong Chumei: 320,000 shares, 3.45% [2] - Beiding Co., Ltd.: 1,000,000 shares, 3.16% [2] - Su Shi Testing: 1,486,200 shares, 2.94% [2] - Xin Qiang Lian: 555,560 shares, 2.08% [2] - Other companies include Chunfeng Power, Guo Mai Culture, Ta Pai Group, and more, with varying shareholdings and industry classifications [2]