Group 1 - The core point of the article is that Baida Group (600865.SH) reported its Q3 2025 results, highlighting a decrease in institutional ownership compared to the previous quarter [1] - As of October 29, 2025, two institutional investors disclosed holdings in Baida Group A-shares, totaling 206 million shares, which represents 54.62% of the company's total equity [1] - The institutional ownership ratio decreased by 3.02 percentage points compared to the previous quarter [1] Group 2 - The report mentions that there were 10 public funds that did not disclose holdings in the current period, including notable funds such as China Europe Small Cap Growth Mixed A and Guotai Haitong Quantitative Stock Selection Mixed Initiation A [1]

Core Viewpoint - Yibai Pharmaceutical (600594.SH) reported its Q3 2025 results, indicating a decline in institutional ownership and a stable presence of public funds and foreign investors [1] Institutional Ownership - As of October 29, 2025, there is one institutional investor holding shares in Yibai Pharmaceutical, with a total holding of 8.686 million shares, representing 1.10% of the total share capital [1] - The institutional ownership percentage has decreased by 2.31 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 50 public funds were not disclosed compared to the previous quarter, including notable funds such as Huaxia CSI 500 Index Enhanced A and Wanjiaguo CSI 2000 ETF [1] Foreign Investor Activity - The report indicates that foreign institutions such as BARCLAYS BANK PLC and J.P. Morgan Securities PLC - proprietary funds were not disclosed in this quarter compared to the last [1]

Core Viewpoint - Jinpai Home (603180.SH) reported its Q3 2025 results, highlighting a total institutional ownership of 70.12 million shares, accounting for 45.46% of the company's total equity, with a slight decrease of 1.00 percentage points from the previous quarter [1] Institutional Investors - Three institutional investors disclosed their holdings in Jinpai Home, including Xiamen Jianpan Group Co., Ltd., China Minsheng Bank Co., Ltd. - Everbright Baodexin Credit Enhancement Bond Fund, and Agricultural Bank of China Co., Ltd. - ICBC Credit Suisse Strategic Transformation Theme Equity Fund [1] - The total institutional ownership decreased by 1.00 percentage points compared to the last quarter [1] Public Funds - One public fund, Everbright Baodexin Credit Enhancement Bond Class A, reported a decrease in holdings compared to the previous quarter [1] - A total of 45 public funds that did not disclose their holdings this quarter include notable funds such as Huatai-PineBridge Advantage Selection Mixed Fund, China Merchants Zhongzheng Consumer Leader Index Enhanced A, and others [1] Social Security Funds - One social security fund, the National Social Security Fund 103 Portfolio, did not disclose its holdings this quarter [1]

Core Viewpoint - Guangge Technology (688450.SH) reported a decline in institutional ownership in its third-quarter report for 2025, indicating a potential shift in investor sentiment [1] Institutional Ownership - As of October 29, 2025, six institutional investors disclosed holding a total of 8.3665 million shares of Guangge Technology, representing 12.68% of the company's total share capital [1] - The institutional ownership decreased by 3.88 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, the China Merchants National Index 2000 Enhanced A, increased its holdings slightly in the current period [1] - A total of 63 public funds that were previously disclosed did not report their holdings this quarter, including notable funds such as Everbright Pramerica Quantitative Stock A and Huaxia Dingrong Bond A [1]

Core Viewpoint - Nanwang Technology (301355.SZ) reported a decrease in institutional ownership in its third-quarter report for 2025, with a total of 6 institutional investors holding 54.84 million shares, representing 28.11% of the total share capital, down by 1.85 percentage points from the previous quarter [1] Institutional Ownership - As of October 29, 2025, institutional investors collectively held 54.84 million shares of Nanwang Technology, accounting for 28.11% of the total share capital [1] - The institutional investors include Huian Huaying Investment Center (Limited Partnership), Huian Chuanghui Investment Center (Limited Partnership), Jinjiang Yongrui Investment Partnership (Limited Partnership), Huian Zhonghui Investment Center (Limited Partnership), Jinjiang Yongyue Investment Partnership (Limited Partnership), and China Construction Bank Co., Ltd. - Nuoan Multi-Strategy Mixed Securities Investment Fund [1] - Compared to the previous quarter, the total institutional ownership percentage decreased by 1.85 percentage points [1] Public Fund Holdings - One public fund, Nuoan Multi-Strategy Mixed A, increased its holdings during this period, with an increase percentage of 0.26% [1] - A total of 30 public funds that were previously disclosed did not report their holdings this quarter, including CITIC Prudential Multi-Strategy Mixed (LOF) A, Guojin Quantitative Multi-Factor A, CITIC Prudential Economic Preferred Mixed A, Jianxin Flexible Allocation Mixed A, and Guojin Quantitative Selected A [1]

Group 1 - The core viewpoint of the news is that the institutional ownership of Shangneng Electric has decreased, with a notable drop in the proportion held by the top ten institutional investors [1] - As of October 28, 2025, a total of 10 institutional investors hold shares in Shangneng Electric, amounting to 54.6164 million shares, which represents 10.87% of the total share capital [1] - The proportion of shares held by the top ten institutional investors has decreased by 2.12 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two public funds increased their holdings, including the Photovoltaic ETF and the Jiashi Low Carbon Selected Mixed A fund, with an increase rate of 0.19% [2] - Six new public funds disclosed their holdings compared to the previous quarter, including Allianz China Selected Mixed A and others [2] - A total of 165 public funds did not disclose their holdings this quarter, including several ETFs and mixed funds related to clean energy [2] Group 3 - One social security fund, the National Social Security Fund 418 Combination, did not disclose its holdings this quarter [3] - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 1.08% compared to the previous quarter [3]

Core Insights - Yibo Technology (301366.SZ) released its Q3 2025 financial report on October 29, 2025, indicating a total of 17.3763 million A-shares held by three institutional investors, representing 8.29% of the company's total share capital [1] Institutional Holdings - Three institutional investors disclosed their holdings in Yibo Technology, with a combined shareholding of 17.3763 million shares, accounting for 8.29% of the total share capital [1] - The institutional holding percentage decreased by 1.14 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 18 public funds were not disclosed compared to the previous quarter, including notable funds such as Southern CSI 2000 ETF, Great Wall Ruixin Stock A, and others [1]

Core Insights - Xinju Network (605398.SH) reported its Q3 2025 results on October 29, 2025, highlighting a total of 22.0937 million A-shares held by four institutional investors, representing 13.58% of the company's total share capital [1] Institutional Holdings - Four institutional investors disclosed their holdings in Xinju Network, with a combined shareholding of 22.0937 million shares, accounting for 13.58% of the total share capital [1] - The institutional holding percentage decreased by 1.17 percentage points compared to the previous quarter [1] Public Fund Participation - Eight public funds were reported during this period, including notable funds such as Southern CSI 2000 ETF, Huatai-PineBridge CSI 2000 ETF, and others [1]

Group 1 - The core viewpoint of the news is that He Sheng New Materials (002290.SZ) reported a decrease in institutional ownership in its third-quarter report for 2025, with a total of 7 institutional investors holding 66.59 million shares, representing 26.84% of the total share capital, down by 2.27 percentage points from the previous quarter [1] Group 2 - In the public fund sector, there were 2 public funds that increased their holdings compared to the previous period, with an increase ratio of 0.13% [2] - One new public fund was disclosed this period, namely the Xingquan Light Asset Mixed Fund (LOF) [2] - A total of 63 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Xingquan Green Investment Mixed Fund (LOF) and Huaxia High-end Manufacturing Mixed Fund A [2] Group 3 - Regarding foreign investment attitudes, J.P. Morgan Securities PLC's proprietary funds were not disclosed in this period compared to the previous quarter [3]

Core Insights - Kanghong Pharmaceutical (002773.SZ) reported its Q3 2025 results, revealing that 29 institutional investors hold a total of 372 million shares, accounting for 40.43% of the company's total equity [1] - The top ten institutional investors collectively hold 39.56% of the shares, with a decrease of 1.38 percentage points compared to the previous quarter [1] Institutional Holdings - The top ten institutional investors include Chengdu Kanghong Technology Industry Group Co., Ltd., Hong Kong Central Clearing Limited, Agricultural Bank of China - Dacheng RuiXiang Mixed Securities Investment Fund, and others [1] - The number of institutional investors holding shares has remained stable, with a slight decrease in the proportion held by the top ten [1] Public Fund Activity - In the current period, 13 public funds increased their holdings, with notable funds including Oriental Red Medical Upgrade Stock A and Baoying Medical Health Hong Kong-Shenzhen Stock A, representing an increase of 0.54% [2] - Conversely, 8 public funds reduced their holdings, including Dacheng Competitive Advantage Mixed A and Dacheng Strategy Return Mixed A, with a decrease of 0.59% [2] - Six new public funds disclosed their holdings this period, while 247 public funds did not disclose their holdings compared to the previous quarter [2] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings slightly in the current period [2]