Group 1 - SanDe Technology (300515.SZ) released its semi-annual report for 2025 on August 19, 2025 [1] - As of August 18, 2025, five institutional investors disclosed holdings in SanDe Technology A-shares, totaling 75.3778 million shares, which accounts for 36.63% of the total share capital [1] - The institutional investors include Hunan SanDe Investment Holding Co., Ltd., GF Fund - GF Bank - GF Thematic Investment Asset Management Plan No. 36, GF Fund Management Co., Ltd. - Social Security Fund 2003 Portfolio, Shenzhen Junzi Qianqian Private Securities Investment Fund Management Co., Ltd. - Junzi Qianqian Technology Growth Specialized New 1 Private Securities Investment Fund, and Huatai-PineBridge CSI 2000 ETF [1] - The total institutional holding ratio increased by 2.44 percentage points compared to the previous quarter [1] Group 2 - One public fund, Huatai-PineBridge CSI 2000 ETF, reported a slight decrease in holdings compared to the previous quarter [1] - One public fund,招商量化精选股票发起式A, was not disclosed in the current period compared to the previous quarter [1] - A new social security fund, GF Fund Management Co., Ltd. - Social Security Fund 2003 Portfolio, disclosed its holdings in SanDe Technology during this period [1]

公募基金方面本期较上一季度持股减少的公募基金共计1个，即华富成长趋势混合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5个，包括民生加银持续成长混合A、华富卓越成长一 年持有期混合A、华富成长企业精选股票A、华富匠心明选一年持有期混合A、1000增强ETF。本期较上 一季未再披露的公募基金共计2个，包括浙商中证500增强A、明亚中证1000指数增强A。 2025年8月18日，新益昌(688383.SH)发布2025年半年度报告。截至2025年8月17日，共有12个机构投资 者披露持有新益昌A股股份，合计持股量达629.74万股，占新益昌总股本的6.17%。其中，前十大机构 投资者包括深圳洲明时代伯乐投资管理合伙企业(有限合伙)、深圳市春江投资合伙企业(有限合伙)、中 国建设银行股份有限公司-民生加银持续成长混合型证券投资基金、香港中央结算有限公司、华富产业 升级灵活配置混合A、华富成长趋势混合A、华富卓越成长一年持有期混合A、华富竞争力优选混合A、 华富成长企业精选股票A、华富匠心明选一年持有期混合A，前十大机构投资者合计持股比例达 6.15%。相较于上一季度，前十大机构持股比例合计上涨了0. ...

Core Insights - Shuangle Co., Ltd. (301036.SZ) released its semi-annual report for 2025 on August 18, 2025, indicating a total of 5 institutional investors holding shares, amounting to 15.13% of the total share capital [1] Institutional Holdings - As of August 17, 2025, institutional investors collectively held 15.13% of Shuangle's A-shares, totaling 15,128,200 shares [1] - The institutional investors include Tai Zhou Tong Ying Investment Management Center (Limited Partnership), Tai Zhou Shared Investment Management Center (Limited Partnership), Tai Zhou Gong Ying Investment Management Center (Limited Partnership), Tai Zhou Shuang Ying Investment Management Center (Limited Partnership), and E Fund Yi Bai Intelligent Quantitative Strategy Mixed A [1] - Compared to the previous quarter, the total institutional holding percentage increased by 0.03 percentage points [1] Public Fund Involvement - During this reporting period, one new public fund was disclosed, which is E Fund Yi Bai Intelligent Quantitative Strategy Mixed A [1]

Group 1 - Guangli Micro (301095.SZ) released its 2025 semi-annual report on August 18, 2025, showing that as of August 17, 2025, 11 institutional investors disclosed holding A-shares of Guangli Micro, with a total holding of 88.5624 million shares, accounting for 44.22% of the total share capital [1] - The top ten institutional investors include Hangzhou Guangli Micro Equity Investment Co., Ltd., Hangzhou Guangli Gongchuang Investment Partnership (Limited Partnership), and others, with the top ten investors holding a combined proportion of 44.21%, an increase of 0.24 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two public funds increased their holdings compared to the previous period, including Nuoan Optimized Allocation Mixed A and Guolian An Semiconductor ETF, with an increase ratio of 0.25% [2] - One new public fund disclosed this period compared to the previous quarter, namely Shenwan Hongyuan Lingxin Specialized and New Theme Mixed Initiated A, while four public funds were not disclosed this period, including Southern Zhihong Mixed A and others [2]

Group 1 - The core viewpoint of the article highlights that as of August 17, 2025, institutional investors hold a significant portion of Huazhi Jie (603400.SH) shares, with a total of 64 institutions owning 81.53% of the company's total shares [1] - The top ten institutional investors collectively hold 80.00% of the shares, indicating a substantial increase of 80.00 percentage points compared to the previous quarter [1] - In the public fund sector, 47 new public funds have been disclosed this period, including notable funds such as Ke Chuang 200 and China Europe CSI All Share Software Development Index Initiated A [1] Group 2 - Regarding foreign investment, there is one new foreign institution disclosed this period, namely SUPER ABILITY LIMITED [2]

上证连涨八天，A股终于大跌。跌不怕，怕的是一起跌了却涨不回来，更糟的是跌的时候总有各种消息。这两天好多股票跌得跟蹦极似的，反弹却慢得像 爬，更难涨了。其实就是大机构借着行情波动给大家下套呢。 最近有个新闻——巴菲特减持苹果了！ 一、持仓报告背后的"障眼法" 当"股神"巴菲特的最新持仓报告公布时，整个华尔街都屏住了呼吸。减持苹果、增持医疗钢铁地产股，这些看似简单的数字变动背后，隐藏着怎样的市场密 码？作为普通投资者，我们是否真的能读懂这些"大鳄"们的真实意图？ 伯克希尔二季度持仓报告显示，巴菲特减持了2000万股苹果股票，同时新买入6只股票，涉及医疗、钢铁、房地产等多个板块。表面上看，这是投资组合的 简单调整，但细究之下，却暗藏玄机。 巴菲特减持苹果后，苹果仍是其第一大重仓股；增持的医疗、钢铁、地产股都是防御性配置，且均为细分行业龙头。这种操作手法，与其说是"调仓换股"， 不如说是一场精心设计的"障眼法"。 | Stock | History | Sector | Shares Held or Principal | Market Value | % of Portfolio | Previous % of | ...

Core Insights - Zhonglu Co., Ltd. (600818.SH) released its semi-annual report for 2025 on August 16, 2025, indicating the current status of institutional investment in the company [1] Company Summary - As of August 15, 2025, there is one institutional investor that has disclosed holdings in Zhonglu Co., Ltd., with a total shareholding of 22.6583 million shares, representing 7.05% of the total share capital [1] - The institutional investor includes Shanghai Zhonglu (Group) Co., Ltd., maintaining a consistent holding percentage of 7.05% [1]

Core Insights - The report indicates that as of August 15, 2025, institutional investors hold a total of 91.85 million shares of Yuejian Intelligent (603095.SH), representing 35.57% of the company's total equity [1] - The institutional ownership has increased by 0.59 percentage points compared to the previous quarter [1] - One new foreign institutional investor, CITIC Securities Asset Management (Hong Kong) Co., Ltd. - Client Funds, has been disclosed in this period [1]

Core Viewpoint - The semi-annual report of Tao Li Bread (603866.SH) for 2025 indicates a decrease in institutional investor holdings, reflecting a shift in investment sentiment towards the company [1] Institutional Holdings - As of August 15, 2025, six institutional investors disclosed holdings in Tao Li Bread A-shares, totaling 42.9943 million shares, which represents 2.69% of the company's total equity [1] - The total institutional holding percentage decreased by 0.31 percentage points compared to the previous quarter [1] Public Fund Activity - One public fund, Southern Zhenyuan Bond Initiation A, reduced its holdings compared to the previous quarter, showing a slight decline in its share [1] - Three new public funds disclosed holdings during this period, including Southern CSI 1000 ETF, Morgan Stanley Minfeng Ying and One-Year Holding Period Mixed, and Qianhai Kaiyuan Xianghe Bond A [1] - Seven public funds that were previously disclosed did not report again this quarter, including ICBC Innovation Power Stock, Manulife Consumer Dividend Index A, and others [1]

Group 1 - The core viewpoint of the news is that 三棵树 (603737.SH) has seen an increase in institutional investor holdings, with a total of 53 institutions holding 1.26 billion shares, representing 17.03% of the total share capital as of August 15, 2025 [1] - The top ten institutional investors hold a combined 11.78% of the shares, with an increase of 0.18 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 35 funds increased their holdings, with a total increase ratio of 2.06%, while 5 funds decreased their holdings slightly [2] - One social security fund, the 全国社保基金四零四组合, increased its holdings by 0.30% compared to the previous period [2]