Core Viewpoint - Xingxin New Materials (001358.SZ) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 7 institutional investors holding 14.72 million shares, representing 11.95% of the total share capital, a decrease of 1.12 percentage points from the previous quarter [1] Institutional Ownership - As of October 28, 2025, 7 institutional investors disclosed their holdings in Xingxin New Materials, totaling 14.72 million shares, which is 11.95% of the company's total equity [1] - The institutional investors include Shaoxing Shangyu Jingfeng Investment Partnership, Shaoxing Xingxin New Materials Co., Ltd. - 2025 Employee Stock Ownership Plan, and others [1] - Compared to the previous quarter, the total institutional ownership percentage decreased by 1.12 percentage points [1] Public Fund Disclosures - In this period, 3 new public funds disclosed their holdings, including Huaxia Shanghai Composite Total Return Enhanced A, Changjiang Huizhi Quantitative Stock Selection Mixed Initiation A, and Huaxia National Certificate 2000 Index Enhanced Initiation A [1] - A total of 64 public funds were not disclosed in this quarter compared to the previous one, including notable funds such as GF Baifa Big Data Growth Mixed A and others [1]

Group 1 - The core viewpoint of the news is that Zhen'an Technology (300767.SZ) reported its Q3 2025 results, highlighting a decrease in institutional ownership compared to the previous quarter [1] - As of October 28, 2025, four institutional investors hold a total of 55.2488 million shares of Zhen'an Technology, representing 20.00% of the total share capital, which is a decrease of 2.00 percentage points from the last quarter [1] - The newly disclosed public fund this period is the Zhonghai Quality Growth Mixed Fund, while 36 public funds were not disclosed compared to the previous quarter, including several notable funds [1] Group 2 - One social security fund was not disclosed this period, specifically the National Social Security Fund 118 Portfolio [1] - In terms of foreign investment, one new foreign institution disclosed this period, which is CITIC Securities Asset Management (Hong Kong) Limited - Client Funds [1]

Group 1 - Jinlong Electromechanical (300032.SZ) released its Q3 2025 report on October 29, 2025, indicating that as of October 28, 2025, six institutional investors disclosed holding A-shares, totaling 205 million shares, which accounts for 25.54% of the total share capital [1] - The institutional investors include Hebei Ningrui Woge Enterprise Management Consulting Co., Ltd., Wuhan Ruifude Investment Management Center (Limited Partnership), China Great Wall Asset Management Co., Ltd., UBS AG, Morgan Stanley & Co. International PLC, and Shanghai Yingshui Investment Management Co., Ltd. - Yingshui Anzheng Feitian No. 5 Private Securities Investment Fund, with a total institutional holding ratio of 25.54%. This represents a decrease of 1.78 percentage points compared to the previous quarter [1] - In the public fund sector, 21 public funds were not disclosed in this period compared to the previous quarter, including Huatai-PB CSI 2000 Index Enhanced A, CSI 2000, Huitianfu National Certificate 2000 Index Enhanced A, Xinyuan National Certificate 2000 Index Enhanced A, and Haifutong CSI 300 Enhanced C [1] Group 2 - From the perspective of foreign investment, one foreign fund, UBS AG, reduced its holdings by 0.31% compared to the previous quarter. Additionally, one new foreign institution, Morgan Stanley & Co. International PLC, was disclosed this period [2] - The foreign institutions that were not disclosed in this period compared to the previous quarter include HSBC Bank (Hong Kong) Limited and Barclays Bank PLC [2]

Core Viewpoint - Baiao Intelligent (300836.SZ) reported its Q3 2025 results, highlighting a decrease in institutional investor holdings and changes in public fund participation [1] Institutional Holdings - As of October 27, 2025, three institutional investors disclosed holdings in Baiao Intelligent A-shares, totaling 7.5706 million shares, which represents 8.17% of the total share capital [1] - The institutional holding percentage decreased by 3.97 percentage points compared to the previous quarter [1] Public Fund Participation - In this period, 59 public funds were not disclosed compared to the previous quarter, including notable funds such as Bosera Value Growth Mixed and Wanji Zhizao Advantage Mixed A [1] Social Security Fund Changes - One social security fund, the National Social Security Fund 501 Portfolio, increased its holdings slightly in this period [1] - Conversely, the National Social Security Fund 103 Portfolio reduced its holdings, resulting in a small decline in its holding percentage [1]

Core Insights - Elon Technology (688329.SH) reported its Q3 2025 results on October 28, 2025, highlighting a decrease in institutional investor holdings [1] Institutional Holdings - As of October 27, 2025, four institutional investors disclosed holding a total of 5.3617 million shares of Elon Technology, representing 6.95% of the total share capital [1] - The institutional investor group includes Suzhou Elon Technology Co., Ltd. - 2025 Employee Stock Ownership Plan, Ningbo Meishan Free Trade Port Area Yicheng Equity Investment Partnership (Limited Partnership), Suzhou Hefrui Tai Equity Investment Center (Limited Partnership), and Industrial and Commercial Bank of China - Dacheng CSI 360 Internet + Big Data 100 Index Securities Investment Fund [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 2.25 percentage points [1] Public Fund Holdings - In the current period, one public fund, Dacheng CSI 360 Internet + Index A, reported a decrease in holdings, with a reduction percentage of 0.11% [1] - A total of 77 public funds did not disclose holdings in this period compared to the previous quarter, including notable funds such as Huaxia CSI 500 Index Enhanced A, Huaxia Pantai Mixed (LOF) A, Huaxia New Brocade Mixed A, and others [1]

Core Viewpoint - Jinchen Co., Ltd. (603396.SH) reported its Q3 2025 results, indicating a decrease in institutional ownership compared to the previous quarter [1] Institutional Ownership - As of October 27, 2025, there is one institutional investor holding shares in Jinchen Co., Ltd., with a total holding of 5.35 million shares, representing 3.86% of the total share capital [1] - The institutional ownership percentage has decreased by 1.11 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 40 public funds were not disclosed compared to the previous quarter, including notable funds such as Changcheng China Intelligent Manufacturing Mixed A, Qianhai Kaiyuan Clean Energy Mixed A, and Huaxia Panli One-Year Fixed Opening Mixed A [1]

Core Insights - The report indicates that as of October 27, 2025, there is only one institutional investor holding shares in Sanyangma (001317.SZ), with a total holding of 164,000 shares, representing 0.20% of the total share capital [1] - The institutional holding ratio has decreased by 3.03 percentage points compared to the previous quarter [1] - Six public funds were disclosed this period, including notable funds such as Shenwan Hongyuan Quantitative Small Cap Stock (LOF) A and Southern CSI 2000 ETF [1] - Foreign investment sentiment shows that J.P. Morgan Securities PLC has not disclosed any new holdings compared to the previous quarter [1]

Group 1 - The core viewpoint of the news is that LeXin Medical (300562.SZ) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 458.12 million shares held by five institutional investors, representing 2.10% of the total share capital, a decrease of 2.06 percentage points from the previous quarter [1] - Among public funds, two funds increased their holdings compared to the previous period, including a medical device ETF and Yuanxin Yongfeng Medical Health A, with an increase in holdings of 0.41% [1] - One public fund, Yuanxin Yongfeng Ju You A, reported a slight decrease in holdings compared to the previous quarter, while 85 public funds did not disclose their holdings this period, including several notable funds [1] Group 2 - From the perspective of foreign investment, Barclays Bank PLC did not disclose its holdings in this period compared to the previous quarter [2]

Core Viewpoint - Ningbo United (600051.SH) reported its Q3 2025 results, highlighting a decrease in institutional ownership compared to the previous quarter [1] Institutional Ownership - As of October 27, 2025, four institutional investors disclosed holdings in Ningbo United A-shares, totaling 99.5957 million shares, which represents 32.04% of the total share capital [1] - The institutional ownership decreased by 1.96 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, Nuoan Multi-Strategy Mixed A, increased its holdings during this period, with an increase ratio of 0.56% [1] - A total of 31 public funds did not disclose their holdings this quarter, including notable funds such as CITIC Prudential Multi-Strategy Mixed (LOF) A and CITIC Prudential Economic Preference Mixed A [1]

Core Insights - Yanpai Co., Ltd. (301081.SZ) released its Q3 2025 report on October 28, 2025, indicating that institutional investors hold a total of 125 million shares, accounting for 54.97% of the company's total equity [1] Institutional Holdings - As of October 27, 2025, six institutional investors disclosed their holdings in Yanpai Co., Ltd., with a combined shareholding of 125 million shares, representing 54.97% of the total equity [1] - The institutional investors include Tian Tai Southwest Investment Management Co., Ltd., Tian Tai Youfeng Investment Consulting Management Co., Ltd., Tian Tai Fengxi Investment Partnership (Limited Partnership), Hangzhou Jiuhu Investment Management Partnership (Limited Partnership), Zhejiang Yinlun Machinery Co., Ltd., and a collective asset management plan from China Merchants Securities Asset Management [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 1.87 percentage points [1] Public Fund Holdings - In this reporting period, 35 public funds were not disclosed compared to the previous quarter, including notable funds such as CITIC Prudential Multi-Strategy Mixed (LOF) A, Nuon Multi-Strategy Mixed A, and Huaxia CSI 500 Index Enhanced A [1]