Core Insights - The Social Security Fund has disclosed its stock holdings as of the end of Q3, appearing in the top ten shareholders of 616 companies, with new investments in 188 companies and increased holdings in 156 companies [1][2] Group 1: Stock Holdings Overview - The total number of shares held by the Social Security Fund is 10.746 billion, with a total market value of 210.525 billion yuan [1] - The number of companies where the Social Security Fund is a top shareholder includes 5 funds in Shantui Machinery, holding a total of 85.159 million shares, accounting for 6.48% of the circulating shares [1][2] Group 2: Top Holdings by Proportion - The highest proportion of shares held by the Social Security Fund is in Andar Intelligent, with a holding ratio of 10.57%, followed by Norson with 8.16% [2] - A total of 16 companies have over 100 million shares held by the Social Security Fund, with the largest being Focus Media at 333 million shares [2] Group 3: Performance of Holdings - The average decline of stocks held by the Social Security Fund since October is 0.66%, underperforming the Shanghai Composite Index [3] - The best-performing stock is Zhenhua Co., with a cumulative increase of 51.10%, while Guomai Culture has seen the largest decline at 41.57% [3] Group 4: Sector Distribution - The majority of stocks held by the Social Security Fund are concentrated in the machinery equipment, electronics, and pharmaceutical industries, with 60, 56, and 55 companies respectively [2]

Core Insights - The Social Security Fund has disclosed its stock holdings as of the end of the third quarter, appearing in the top ten shareholders of 49 stocks on the Sci-Tech Innovation Board, with a total holding of 203 million shares valued at 13.02 billion yuan [1][2]. Holdings Overview - The Social Security Fund initiated positions in 19 new stocks and increased holdings in 11 stocks, while reducing holdings in 11 stocks, with 8 stocks remaining unchanged [1]. - Among the newly added stocks, Pumen Technology, Hangya Technology, and Sanyou Medical had the largest shareholdings [1]. - The stocks with the highest proportion of holdings by the Social Security Fund include Kaili New Materials at 5.80% and Haitai New Light at 4.20% [2]. Stock Performance - The average performance of the Sci-Tech Innovation Board stocks held by the Social Security Fund has seen a decline of 2.05% since October [3]. - The best-performing stock is Western Superconducting, which has increased by 34.00%, while the worst performer is Jiahe Meikang, which has decreased by 20.25% [3]. Financial Performance - Among the stocks held by the Social Security Fund, 30 companies reported year-on-year net profit growth in the first three quarters, with Rongzhi Rixin showing the highest increase of 889.54% [2]. - Other notable companies with significant net profit growth include Sanyou Medical and Shenkong Co., with increases of 623.19% and 158.93%, respectively [2]. Industry Distribution - The holdings of the Social Security Fund are primarily concentrated in the electronics, pharmaceutical and biological, and machinery equipment sectors, with 15, 7, and 7 stocks in these categories, respectively [2].

Core Insights - The Social Security Fund has disclosed its stock holdings as of the end of Q3, appearing in the top ten shareholders of 360 companies, with new investments in 108 companies and increased holdings in 93 companies [1][2] Group 1: Stock Holdings Overview - The total number of shares held by the Social Security Fund is 5.535 billion, with a total market value of 117.406 billion yuan [1] - The fund maintained its position in 49 companies, reduced holdings in 110 companies, and increased stakes in 93 companies [1] - The top three companies by shareholding are Sun Paper Industry (10.883 million shares), Weixing Co., Ltd. (7.314 million shares), and Guangxin Co., Ltd. (4.709 million shares) [1] Group 2: Shareholding Proportions - The highest shareholding proportion is in Norsun, with 8.16% of circulating shares, followed by Baiao Intelligent at 7.23% [1] - A total of 19 companies have over 50 million shares held by the Social Security Fund, with Vanadium Titanium Holdings leading at 170 million shares [1][2] Group 3: Performance of Held Stocks - Among the stocks held, 227 companies reported year-on-year net profit growth, with the highest increase seen in Xinqianglian at 1939.50% [2] - The average performance of the Social Security Fund's heavy stocks since October has seen a slight increase of 0.03%, underperforming the Shanghai Composite Index [2] - Notable performers include Beifang Changlong with a cumulative increase of 46.53%, while Guomai Culture experienced the largest decline at 41.78% [2] Group 4: Sector Distribution - The Social Security Fund's holdings are primarily concentrated in the pharmaceutical, machinery, and basic chemical industries, with 39, 36, and 34 companies respectively [2] - The distribution of holdings includes 244 companies on the main board, 86 on the ChiNext board, and 29 on the Sci-Tech Innovation board [2]

Core Insights - The social security fund has disclosed its stock holdings for the third quarter, appearing in the top ten circulating shareholders of 29 stocks, with 13 new entries and 6 increases in holdings [1][2] Group 1: Stock Holdings Overview - The social security fund holds a total of 141 million shares in the listed stocks, with a market value of approximately 9.284 billion yuan [1] - The most significant new entries include Pumen Technology, Sanyou Medical, and Huazhu Gaoke, with notable holdings [1] - The stock with the highest number of social security fund holders is Kaili New Materials, with three funds listed among the top ten shareholders, holding a total of 7.5825 million shares, accounting for 5.80% of circulating shares [1][2] Group 2: Shareholding Proportions and Performance - Kaili New Materials has the highest shareholding ratio at 5.80%, followed by Haitai New Light at 4.20%, and other notable companies include Aohua Endoscopy and Nanwei Medical [2] - The fund holds over 10 million shares in two companies, with Transsion Holdings having the largest holding of 32.7184 million shares [2] - The top three stocks by market value held by the fund are Transsion Holdings (3.082 billion yuan), Anji Technology (775 million yuan), and Nanwei Medical (629 million yuan) [2] Group 3: Financial Performance - Among the stocks held by the social security fund, 19 companies reported year-on-year net profit growth in the first three quarters, with Sanyou Medical showing the highest increase of 623.19% [2] - Other companies with significant net profit growth include Shengong Co. and New Xiangwei, with increases of 158.93% and 138.88%, respectively [2] Group 4: Market Performance - The average decline of the stocks held by the social security fund since October is 3.93%, with Kaili New Materials being the best performer with a rise of 6.11% [3] - The largest decline was seen in Lexin Technology, which dropped by 19.81% [3]

Core Insights - The Social Security Fund has disclosed its stock holdings for the third quarter, appearing in the top ten shareholders of 20 stocks on the Sci-Tech Innovation Board, with a total holding of 68.30 million shares valued at 4.24 billion yuan [1][2] Group 1: Stock Holdings - The Social Security Fund has newly entered 9 stocks, increased holdings in 4 stocks, reduced holdings in 5 stocks, and maintained its position in 2 stocks [1] - The stocks with the highest holdings by the Social Security Fund include Yingxiao Network (7.93 million shares), Sanyou Medical (7.91 million shares), and Nanwei Medical (6.27 million shares) [2][3] - The stock with the highest holding ratio is Haitai New Light at 4.20%, followed by Nanwei Medical at 3.34% [2] Group 2: Financial Performance - Among the stocks held by the Social Security Fund, 15 companies reported a year-on-year increase in net profit for the first three quarters, with Sanyou Medical showing the highest growth rate of 623.19% [2] - Other notable companies with significant net profit growth include Shengong Co. and New Xiangwei, with increases of 158.93% and 138.88%, respectively [2] Group 3: Market Performance - The average performance of the Sci-Tech Innovation Board stocks held by the Social Security Fund has seen a decline of 3.32% since October [3] - The best-performing stock is Puyuan Precision Electronics, with a cumulative increase of 6.18%, while Lexin Technology has experienced the largest decline at 13.80% [3]

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 - The Social Security Fund has disclosed its stock holdings as of the end of the third quarter, appearing in the top ten shareholders of 71 stocks, with 18 new entries and 20 increases in holdings [1][2] - The total number of shares held by the Social Security Fund is 1.094 billion, with a total market value of 26.808 billion yuan [1] - The fund's major holdings are concentrated in the mechanical equipment, pharmaceutical, and basic chemical industries, with 10, 7, and 7 stocks respectively [2] Group 1: Stock Holdings - The Social Security Fund has maintained its holdings in 13 stocks, reduced its holdings in 20 stocks, and increased its holdings in 20 stocks [1] - The stock with the highest holding ratio is Iwu Biological, accounting for 5.39% of its circulating shares, followed by Beiding Co., with 4.60% [1][2] - The largest number of shares held by the Social Security Fund is in Poly Development, with 124 million shares, followed by China Jushi and CNOOC Development with 85.52 million and 55.16 million shares respectively [1][2] Group 2: Performance Metrics - Among the stocks held by the Social Security Fund, 51 companies reported year-on-year net profit growth, with the highest increase seen in Xin Qiang Lian at 1939.50% [2] - The average decline of the Social Security Fund's heavy stocks since October is 0.41%, underperforming the Shanghai Composite Index [2] - The best-performing stock is Xin Qiang Lian, with a cumulative increase of 22.33%, while the largest decline is seen in Xingwang Ruijie, with a drop of 14.40% [2]

Core Insights - The Social Security Fund has disclosed its stock holdings as of the end of Q3, appearing in the top ten shareholders of 44 companies, with a total holding of 726 million shares valued at 15.413 billion yuan [1][2] Group 1: Stock Holdings - The Social Security Fund has maintained its position in 8 stocks, reduced holdings in 13 stocks, initiated positions in 11 stocks, and increased holdings in 12 stocks [1] - The top holdings by the Social Security Fund include Poly Developments with 124 million shares, China Jushi with 85.52 million shares, and CNOOC Development with 55.16 million shares [1][2] - The highest percentage of shares held by the Social Security Fund is in Huace Navigation at 4.49%, followed by Baiya Shares at 4.34% [1] Group 2: Financial Performance - Among the stocks held by the Social Security Fund, 31 companies reported year-on-year net profit growth, with the highest increase seen in Xinqianglian at 1939.50% [2] - Other notable companies with significant net profit growth include Yongding Shares at 474.30% and Lanke High-tech at 260.93% [2] Group 3: Market Performance - The average performance of stocks heavily held by the Social Security Fund has seen a decline of 0.14% since October, underperforming the Shanghai Composite Index [2] - The best-performing stock is Beifang Changlong with a cumulative increase of 17.55%, followed by Shenhuo Shares and Haotaitai with increases of 16.24% and 12.69% respectively [2]

Core Insights - The Social Security Fund has disclosed its stock holdings as of the end of Q3, appearing in the top ten circulating shareholders of six stocks, with a total holding of 42.76 million shares valued at 1.174 billion yuan [1][2] Group 1: Stock Holdings - The Social Security Fund has reduced its holdings in two stocks, initiated positions in three new stocks, and increased its stake in one stock [1] - The stocks with the highest holdings by the Social Security Fund are Huaxin Cement, Jiuzhou Pharmaceutical, and Jinling Mining, with holdings of 12.81 million shares, 12.70 million shares, and 8.81 million shares respectively [1][2] - Jinling Mining has the highest percentage of shares held by the Social Security Fund, accounting for 1.48% of its circulating shares, followed by Jiuzhou Pharmaceutical at 1.43% [1] Group 2: Financial Performance - Among the stocks held by the Social Security Fund, five companies reported year-on-year net profit growth in their Q3 reports, with Yuxin Electronics showing the highest increase of 60.21%, followed by Jinling Mining and Jiuzhou Pharmaceutical with increases of 47.09% and 18.51% respectively [2] Group 3: Market Performance - Since October, the average increase of the stocks heavily held by the Social Security Fund is 6.43%, outperforming the Shanghai Composite Index [3] - The stocks held by the Social Security Fund are primarily concentrated in the machinery and equipment sector, with two stocks listed in this category [2]

Core Viewpoint - The social security fund has emerged as a significant shareholder in several companies, indicating potential investment interest and confidence in these firms [1] Group 1: Shareholding Details - The social security fund's 413 portfolio is the fifth largest shareholder in Huaxin Cement, holding 12.81 million shares, which accounts for 0.95% of the circulating shares [1] - The social security fund's 422 portfolio is the second largest shareholder in Jinling Mining, with a holding of 8.81 million shares, representing 1.48% of the circulating shares [1] - The social security fund's 420 portfolio ranks as the ninth largest shareholder in Yingweik, owning 6.51 million shares, which is 0.77% of the circulating shares [1] - The social security fund's 118 portfolio is the tenth largest shareholder in Zhongchong Co., holding 1.44 million shares, accounting for 0.47% of the circulating shares [1]