Core Insights - Kone Elevator (002774.SZ) reported its Q3 2025 results on October 31, 2025, highlighting significant institutional investor activity and changes in shareholding patterns [1] Institutional Holdings - As of October 30, 2025, four institutional investors disclosed holdings in Kone Elevator A-shares, totaling 159 million shares, which represents 47.30% of the company's total equity [1] - The institutional holding percentage decreased by 0.77 percentage points compared to the previous quarter [1] Public Fund Activity - In this reporting period, 13 public funds were disclosed, including notable funds such as the Zhongjia CSI A500 Index Enhanced Fund A and the Yinhua Specialized New Quantitative Preferred Stock Fund A [1] Foreign Investment - One new foreign institutional investor was disclosed in this quarter, namely, the client funds of China Merchants Securities International Co., Ltd [1]

Group 1 - The core viewpoint of the news is that Farah Electronics (600563.SH) has reported significant institutional ownership, with 30 institutional investors holding a total of 139 million shares, representing 61.72% of the company's total equity [1] - The top ten institutional investors collectively hold 60.76% of the shares, with a slight increase of 0.11 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, eight funds increased their holdings, accounting for a 0.42% increase, while another eight funds decreased their holdings by 0.51% [2] - Seven new public funds disclosed their holdings this quarter, while 442 funds were not disclosed compared to the previous quarter [2] - One social security fund, the National Social Security Fund 115 Combination, saw a slight decrease in holdings [2]

2025年10月31日，国光电气(688776.SH)发布2025年第三季报。截至2025年10月30日，共有16个机构投 资者披露持有国光电气A股股份，合计持股量达7313.58万股，占国光电气总股本的67.48%。其中，前 十大机构投资者包括新余环亚诺金企业管理有限公司、海南国之光电子信息技术研发中心(有限合伙)、 隆成(深圳)资产管理有限公司-成都天翊创业股权投资基金合伙企业(有限合伙)、中国银行股份有限公司- 国投瑞银国家安全灵活配置混合型证券投资基金、香港中央结算有限公司、中国工商银行股份有限公 司-信澳周期动力混合型证券投资基金、基本养老保险基金一二零四组合、招商银行股份有限公司-南方 中证1000交易型开放式指数证券投资基金、银华基金-中国人寿保险股份有限公司-传统险-银华基金国寿 股份成长股票传统可供出售单一资产管理计划、华夏创新视野一年持有混合A，前十大机构投资者合计 持股比例达67.08%。相较于上一季度，前十大机构持股比例合计上涨了0.56个百分点。 公募基金方面，本期较上一期持股增加的公募基金共计7个，主要包括国投瑞银国家安全混合A、信澳 周期动力混合A、华夏创新视野一年持有混合A、长 ...

Core Insights - The report indicates that as of October 30, 2025, a total of 13 institutional investors hold shares in Purun Co., Ltd. (688766.SH), with a combined holding of 34.75 million shares, representing 23.47% of the total share capital [1] - The top ten institutional investors collectively hold 23.47% of the shares, but this represents a decrease of 0.79 percentage points compared to the previous quarter [1] Institutional Investors - The top ten institutional investors include Shanghai Zhixi Enterprise Management Consulting Partnership, Shanghai Zhangjiang Torch Venture Capital Co., Ltd., Hong Kong Central Clearing Limited, and several mutual funds [1] - There are three public funds that reduced their holdings compared to the previous quarter, including Guangfa Reform Mixed Fund, Huashang Quantitative Progress Mixed Fund, and Xin'ao New Target Flexible Allocation Mixed A [2] - Five new public funds disclosed their holdings this quarter, including Huabao Competitive Advantage Mixed A and Jinying Transformation Power Mixed [2] Social Security Funds - One social security fund, the National Social Security Fund 114 Portfolio, was not disclosed in this quarter compared to the previous quarter [2]

Group 1 - Zhuhai Guanyu (688772.SH) reported its Q3 2025 results, with 72 institutional investors holding a total of 590 million shares, representing 52.11% of the company's total equity [1] - The top ten institutional investors collectively hold 46.92% of the shares, with a 0.39 percentage point increase compared to the previous quarter [1] Group 2 - In the public fund sector, eight funds increased their holdings, accounting for a 0.21% increase, while six funds decreased their holdings, representing a 0.48% decrease [2] - A total of 45 new public funds were disclosed this period, while 308 funds were not disclosed compared to the previous quarter [2] - One social security fund was not disclosed this period, specifically the National Social Security Fund 406 portfolio [2]

Core Viewpoint - Honglida (688330.SH) reported its Q3 2025 results, highlighting a significant presence of institutional investors holding 40.35% of its total shares, although this represents a slight decrease from the previous quarter [1] Group 1: Institutional Investors - As of October 30, 2025, five institutional investors disclosed their holdings in Honglida A-shares, totaling 56.4851 million shares [1] - The total shareholding by institutional investors decreased by 0.52 percentage points compared to the previous quarter [1] - The institutional investors include Shanghai Hongyuan Investment Group Co., Ltd., Shanghai Yuehai Investment Center (Limited Partnership), Shanghai Hongyuan Contract Energy Management Center (Limited Partnership), Beijing Yueyunshan Enterprise Management Co., Ltd., and Shanghai Pinhua Investment Consulting Co., Ltd. [1] Group 2: Public Funds - In this reporting period, 48 public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Dachen Jingheng Mixed A, Guotai Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive ETF, Shanghai Composite Index ETF, Huatai-PineBridge Shanghai Composite Index A, and Dachen Zhuoxiang One-Year Holding Mixed A [1]

Group 1 - Shenzhou Cell (688520.SH) reported its Q3 2025 results, with 17 institutional investors holding a total of 332 million shares, representing 74.53% of the company's total share capital [1] - The top ten institutional investors collectively hold 74.49% of the shares, with a slight decrease of 0.64 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, namely the Innovative Medicine fund, increased its holdings, while two funds, including Southern CSI 500 ETF and Galaxy Quantitative Preferred Mixed A, reduced their holdings [2] - Six new public funds were disclosed this period, including Qianhai Kaiyuan Refinance Stock and Zheshang Smart Selection Leading Three-Year Holding Period A [2] - A total of 258 public funds were not disclosed this period, including China Europe Medical Health Mixed A and China Merchants National Bio-Medical Index A [2]

Group 1 - Core viewpoint: Andar Intelligent (688125.SH) reported its Q3 2025 results, highlighting significant institutional investor holdings and changes in share ownership [1] - As of October 30, 2025, a total of 7 institutional investors disclosed holdings in Andar Intelligent A-shares, amounting to 56.5653 million shares, which represents 68.88% of the total share capital [1] - The institutional holding percentage decreased by 0.92 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 43 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Xinao New Energy Industry Stock A and E Fund Shanghai Stock Exchange Sci-Tech Innovation Board Comprehensive ETF [1] - Regarding social security funds, there was a reduction in holdings from one fund, the National Social Security Fund 103 Portfolio, with a decrease of 0.34% [1] Group 3 - From the foreign investment perspective, one new foreign institution was disclosed this period, namely CITIC Securities Asset Management (Hong Kong) Co., Ltd. - Client Funds [2] - One foreign institution, KB Asset Management - KB China Mainland Fund, was not disclosed in this period compared to the previous quarter [2]

Core Viewpoint - Tianxin Pharmaceutical (603235.SH) reported its Q3 2025 results, highlighting a slight decrease in institutional investor holdings compared to the previous quarter [1] Institutional Holdings - As of October 30, 2025, five institutional investors disclosed holdings in Tianxin Pharmaceutical, totaling 28.4284 million shares, which represents 6.49% of the company's total share capital [1] - The institutional holding percentage decreased by 0.06 percentage points compared to the previous quarter [1] Public Fund Holdings - One new public fund disclosed its holdings this quarter, namely the Huaxia CSI 800 Index Enhanced A [1] - A total of 34 public funds were not disclosed this quarter, including notable funds such as the Huitianfu CSI 300 Index Enhanced A and the Southern High Dividend Theme Stock A [1]

Core Insights - New Ganjing (920367.BJ) released its Q3 2025 report on October 30, 2025, indicating a total of 5 institutional investors holding shares, amounting to 6.3421 million shares, which represents 8.95% of the total share capital [1] Institutional Holdings - The institutional investors include: - Ji'an Jizhou District Kaida Enterprise Management Consulting Center (Limited Partnership) - Huatai Securities Co., Ltd. Client Credit Trading Guarantee Securities Account (two accounts) - Huasan Securities Co., Ltd. Client Credit Trading Guarantee Securities Account (two accounts) - The total institutional holding ratio increased by 0.83 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, Tongtai Vision Mixed A, was disclosed this period, which was not reported in the previous quarter [1]