Core Viewpoint - Huatai Co., Ltd. (600308.SH) reported its Q3 2025 results, indicating a significant institutional ownership structure and slight changes in holdings compared to the previous quarter [1] Group 1: Institutional Ownership - As of October 30, 2025, three institutional investors disclosed holdings in Huatai Co., Ltd., totaling 620 million shares, which represents 40.88% of the company's total share capital [1] - The institutional investors include Huatai Group Co., Ltd., Hong Kong Central Clearing Limited, and Baring Capital Limited - Baring Emerging Markets Small Companies Fund (USA) [1] - Compared to the previous quarter, the total institutional ownership percentage decreased by 0.04 percentage points [1] Group 2: Public Fund Holdings - In this reporting period, 17 public funds were not disclosed compared to the previous quarter, including notable funds such as Invesco Great Wall CSI 300 Index Enhanced A, China Merchants Quality Life Mixed A, and Huatai-PineBridge SSE Composite Index A [1]

Core Viewpoint - Jinli Technology (002869.SZ) reported an increase in institutional ownership, with a total of 44.48 million shares held by six institutional investors, representing 24.77% of the total share capital, marking a 6.25 percentage point increase from the previous quarter [1] Institutional Investors - Six institutional investors disclosed their holdings in Jinli Technology, with a combined ownership of 44.48 million shares, accounting for 24.77% of the total share capital [1] - The institutional ownership increased by 6.25 percentage points compared to the previous quarter [1] Public Funds - Two new public funds disclosed their holdings in the current period, including Huaxia Industry Prosperity Mixed A and Huaxia Excellent Growth Mixed A [1] - A total of 26 public funds that were previously disclosed did not report their holdings this quarter, including Huashang Advantage Industry Mixed A and others [1] Social Security Funds - One new social security fund disclosed its holdings in Jinli Technology, specifically the Huaxia Fund Management Co., Ltd. - Social Security Fund 422 Combination [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings in Jinli Technology by 1.10% compared to the previous period [1]

Group 1 - New Tian Pharmaceutical (002873.SZ) released its Q3 2025 report on October 31, 2025, indicating that as of October 30, 2025, eight institutional investors held a total of 84.1289 million A-shares, accounting for 34.46% of the total share capital [1] - The proportion of shares held by institutional investors increased by 0.41 percentage points compared to the previous quarter [1] - Among public funds, the only fund that increased its holdings this period was the Huatai-PineBridge CSI Traditional Chinese Medicine ETF, with an increase of 0.11% [1] Group 2 - Two new foreign institutions disclosed their holdings this period, including CITIC Securities Asset Management (Hong Kong) Limited - Client Funds and Goldman Sachs [2] - UBS AG was not disclosed in this period compared to the previous quarter [2]

Core Insights - Tongda Chuangzhi (001368.SZ) reported its Q3 2025 results on October 31, 2025, highlighting significant institutional investor activity [1] Institutional Holdings - As of October 30, 2025, three institutional investors disclosed holdings in Tongda Chuangzhi A-shares, totaling 76.1679 million shares, which represents 66.91% of the company's total equity [1] - The institutional investors include Tongda Modern Home (Hong Kong) Co., Ltd., Tongda (Xiamen) Technology Investment Co., Ltd., and China Construction Bank Co., Ltd. - Nuoan Multi-Strategy Mixed Securities Investment Fund [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 0.07 percentage points [1] Public Fund Activity - One new public fund disclosed its holdings this quarter, namely Nuoan Multi-Strategy Mixed A [1] - A total of 26 public funds were not disclosed in this quarter compared to the previous quarter, including Guolian Zhixuan Pioneer Stock A, Morgan Dividend Preferred Stock A, Western Gain Quantitative Preferred One-Year Holding Period Mixed A, China Europe Small Cap Growth Mixed A, and CITIC Jianfeng Rui Li A [1]

Group 1 - The core viewpoint of the news is that Shengshi Technology (002990.SZ) reported a decrease in institutional and public fund holdings in its third-quarter report for 2025, indicating a potential shift in investor sentiment [1] Group 2 - As of October 30, 2025, a total of 7 institutional investors disclosed holdings in Shengshi Technology A-shares, with a combined holding of 23.4762 million shares, accounting for 8.99% of the total share capital [1] - The total institutional holding percentage decreased by 0.92 percentage points compared to the previous quarter [1] - One public fund, Hengyue Jiaxin Bond A, increased its holdings slightly, while another, Penghua Carbon Neutral Theme Mixed A, reduced its holdings by 0.36% [1] - A total of 35 public funds did not disclose their holdings this quarter, including notable funds such as E Fund Emerging Growth Mixed and Changxin Domestic Demand Balanced Mixed A [1] - One social security fund, the National Social Security Fund 104 Portfolio, did not disclose its holdings this quarter [1] Group 3 - In terms of foreign investment, one foreign fund, Hong Kong Central Clearing Limited, reduced its holdings slightly compared to the previous quarter [2]

Group 1 - The core viewpoint of the news is that Hualan Group (301027.SZ) has reported an increase in institutional investor holdings in its third-quarter report for 2025, indicating growing confidence among investors [1] - As of October 30, 2025, a total of 12 institutional investors disclosed holdings in Hualan Group A-shares, with a combined holding of 8.4466 million shares, representing 5.75% of the total share capital [1] - The top ten institutional investors collectively hold 5.74% of the shares, with their combined holding ratio increasing by 3.86 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, eight new public funds were disclosed this quarter, including several from CITIC Prudential and Huatai-PB, while 19 public funds were not disclosed compared to the previous quarter [1] - Regarding foreign investment, one new foreign institution disclosed its holdings this quarter, specifically, the fund managed by SIDA Capital (Hong Kong) Limited [2]

Group 1 - Core viewpoint: Chip导科技 (688230.SH) reported its Q3 2025 results, highlighting significant institutional and public fund holdings [1] - As of October 30, 2025, six institutional investors disclosed holdings in Chip导科技, totaling 54.2185 million shares, which represents 46.10% of the company's total equity [1] - The institutional holding percentage decreased by 0.28 percentage points compared to the previous quarter [1] Group 2 - One new public fund disclosed this quarter, namely 华夏国证2000指数增强发起式A [1] - A total of 39 public funds were not disclosed this quarter, including various ETFs and bond funds [1] - In terms of foreign investment, Goldman Sachs LLC was the only foreign institution that was not disclosed this quarter [2]

Core Viewpoint - Zhongke Weizhi (688211.SH) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 7 institutional investors holding 62.4764 million shares, representing 47.47% of the total share capital, a decrease of 0.98 percentage points from the previous quarter [1] Institutional Investors - A total of 7 institutional investors disclosed their holdings in Zhongke Weizhi, with a combined shareholding of 62.4764 million shares, accounting for 47.47% of the total share capital [1] - The institutional investors include Wuxi Weizhi Yuanchuang Investment Enterprise (Limited Partnership), Wuxi Qunchuang Zhongda Investment Partnership (Limited Partnership), Beijing Zhongke Weitou Investment Management Co., Ltd., CITIC Securities Investment Co., Ltd., Wuxi Industry Jufeng Investment Management Co., Ltd. - Wuxi Internet of Things Industry Investment Management Partnership (Limited Partnership), Xinyuan Specialized and New Mixed A, and Huashang Zhongzheng 500 Index Enhanced A [1] - Compared to the previous quarter, the total institutional shareholding ratio decreased by 0.98 percentage points [1] Public Funds - One public fund, Xinyuan Specialized and New Mixed A, increased its holdings compared to the previous period, with a slight rise in shareholding percentage [1] - One new public fund, Huashang Zhongzheng 500 Index Enhanced A, was disclosed in this period compared to the previous quarter [1] - A total of 28 public funds were not disclosed in this period compared to the previous quarter, including Huashang Zhenxuan Return Mixed A, Huashang Yuanshen Value Mixed A, Huashang Lexiang Internet Flexible Allocation Mixed A, Huashang Quality Value Mixed A, and E Fund New Silk Road Mixed [1]

Core Viewpoint - Medicilon (688202.SH) reported its Q3 2025 results, highlighting an increase in institutional investor holdings and changes in public fund investments [1] Institutional Holdings - As of October 30, 2025, five institutional investors disclosed holdings in Medicilon A-shares, totaling 6.3442 million shares, which represents 4.72% of the total share capital [1] - The institutional holding percentage increased by 1.14 percentage points compared to the previous quarter [1] Public Fund Investments - One public fund, Wan Jia Guo Zheng 2000 ETF, increased its holdings compared to the previous period, showing a slight rise in holding percentage [1] - A new public fund, Qianhai Kaiyuan China Growth Mixed Fund, was disclosed this quarter, while 84 public funds were not disclosed compared to the previous quarter [1]

Core Insights - In the third quarter of 2025, Innotech (688253.SH) reported that a total of 9 institutional investors disclosed holdings in its A-shares, amounting to 62.69 million shares, which represents 45.77% of Innotech's total share capital [1] - The proportion of shares held by institutional investors increased by 1.51 percentage points compared to the previous quarter [1] Group 1: Institutional Holdings - A total of 9 institutional investors hold shares in Innotech, with a combined holding of 62.69 million shares [1] - The institutional investors include various management centers and investment firms, indicating a diverse range of institutional interest [1] - The increase in institutional holdings suggests growing confidence in Innotech's performance [1] Group 2: Public Fund Holdings - One public fund, the Medical Device ETF, increased its holdings by 0.20% compared to the previous period [2] - A total of 78 public funds did not disclose their holdings in this period, including notable funds such as CITIC Securities Excellence Growth A and Southern Value One-Year Holding Mixed A [2] - The lack of disclosure from a significant number of public funds may indicate a cautious approach towards investment in Innotech [2]