Core Insights - Kunlun Wanwei's stock price dropped by 5.14% to 42.45 CNY per share, with a trading volume of 3.012 billion CNY and a turnover rate of 5.40%, resulting in a total market capitalization of 53.29 billion CNY [1] Company Overview - Kunlun Wanwei Technology Co., Ltd. was established on March 27, 2008, and went public on January 21, 2015. The company is located at 46 Mingyang International Center, Xizongbu Hutong, Dongcheng District, Beijing [1] - The company's main business includes comprehensive internet value-added services and new energy investment. The revenue composition is as follows: - Online advertising business: 38.37% - Opera search business: 18.51% - Short drama platform business: 15.61% - Overseas social networking business: 13.92% - Gaming business: 6.40% - Social entertainment platform business: 4.27% - AI software technology business: 1.75% - Other businesses: 1.16% [1] Fund Holdings - From the perspective of major fund holdings, one fund under Southern Fund has a significant position in Kunlun Wanwei. The Southern Guozheng Online Consumption ETF (159728) reduced its holdings by 700 shares in the second quarter, now holding 66,500 shares, which accounts for 3.7% of the fund's net value, ranking as the fifth-largest holding [2] - The Southern Guozheng Online Consumption ETF (159728) was established on December 29, 2021, with a latest scale of 604.274 million CNY. Year-to-date returns are 24.73%, ranking 2223 out of 4220 in its category; the one-year return is 42.04%, ranking 1271 out of 3857; since inception, it has a loss of 1.85% [2] Fund Manager Profile - The fund manager of the Southern Guozheng Online Consumption ETF (159728) is Cui Lei, who has been in the position for 6 years and 343 days. The total asset scale of the fund is 94.976 billion CNY, with the best fund return during the tenure being 177.68% and the worst being -15.93% [3]

Group 1 - The core viewpoint of the news is that Kunlun Wanwei's stock has increased by 5.1%, reaching a price of 45.58 CNY per share, with a trading volume of 4.063 billion CNY and a turnover rate of 7.28%, resulting in a total market capitalization of 57.219 billion CNY [1] - Kunlun Wanwei, established on March 27, 2008, and listed on January 21, 2015, is primarily engaged in comprehensive internet value-added services and new energy investment [1] - The revenue composition of Kunlun Wanwei includes: 38.37% from online advertising, 18.51% from Opera search, 15.61% from short drama platforms, 13.92% from overseas social networks, 6.40% from gaming, 4.27% from social entertainment platforms, 1.75% from AI software technology, and 1.16% from other businesses [1] Group 2 - Among the top ten circulating shareholders of Kunlun Wanwei, Huatai-PB Fund's Huatai-PB CSI 300 ETF (510300) increased its holdings by 1.7437 million shares in the second quarter, now holding 15.5687 million shares, which accounts for 1.24% of the circulating shares [2] - The estimated floating profit for Huatai-PB CSI 300 ETF today is approximately 34.4068 million CNY [2] - The Huatai-PB CSI 300 ETF was established on May 4, 2012, with a latest scale of 374.704 billion CNY, achieving a year-to-date return of 17.37% and a one-year return of 43.87% [2]