Core Viewpoint - Qingsong Co., Ltd. (300132.SZ) reported its Q3 2025 financial results, highlighting an increase in institutional investor holdings and the presence of various public funds [1] Institutional Holdings - As of October 28, 2025, four institutional investors disclosed holdings in Qingsong Co., Ltd., totaling 87.2655 million shares, which represents 16.89% of the company's total share capital [1] - The institutional holding percentage increased by 0.67 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 19 public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Xinhua Preferred Consumer Mixed Fund, Ping An Industry Pioneer Mixed Fund, and others [1]

Core Insights - The report indicates that as of October 27, 2025, institutional investors hold a total of 110 million shares of Youbo Xun (300531.SZ), accounting for 34.14% of the company's total share capital, which represents a decrease of 5.06 percentage points from the previous quarter [1] Institutional Holdings - Three institutional investors are disclosed to hold shares in Youbo Xun, including Hong Kong Youbo Xun Technology Holdings Group Co., Ltd., Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership), and Shenzhen Botong Sichuang Consulting Co., Ltd. [1] - The total institutional holding percentage has decreased by 5.06 percentage points compared to the last quarter [1] Public Fund Activity - A total of 18 public funds have not disclosed their holdings this quarter, including notable funds such as Xin'ao New Energy Industry Stock A, Xin'ao Research Preferred Mixed A, and Wanjiayuan Chuangye Board Comprehensive ETF [1] Foreign Investment Trends - One foreign fund, Hong Kong Youbo Xun Technology Holdings Group Co., Ltd., has reduced its holdings by 2.97% compared to the previous quarter [1] - Notable foreign institutions that have not disclosed their holdings this quarter include Morgan Stanley & Co. International PLC and Barclays Bank PLC [1]

Core Insights - Fuman Micro (300671.SZ) released its Q3 2025 report on October 25, 2025, indicating a total of 70.66 million shares held by institutional investors, representing 32.45% of the company's total share capital [1] Institutional Holdings - As of October 24, 2025, two institutional investors disclosed their holdings in Fuman Micro, with a combined ownership of 70.66 million shares, an increase of 0.13 percentage points from the previous quarter [1] - The institutional investors include Jijing (Hong Kong) Limited and Hong Kong Central Clearing Limited, with the total institutional holding percentage reaching 32.45% [1] Public Fund Activity - In this reporting period, 11 public funds were disclosed, including notable funds such as E Fund's ChiNext Mid-cap 200 ETF, Wanjia National Index 2000 ETF, and Huaxia ChiNext Mid-cap 200 ETF [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings in Fuman Micro, with an increase percentage of 0.22% compared to the previous period [1]

Group 1 - Canaan Technology (300412.SZ) released its Q3 2025 report on October 25, 2025, indicating that as of October 24, 2025, two institutional investors disclosed holdings in Canaan Technology A-shares, totaling 63.41 million shares, which accounts for 12.74% of the total share capital [1] - The institutional investors include Canaan Technology Group Co., Ltd. and China Construction Bank Co., Ltd. - Nuoan Multi-Strategy Mixed Securities Investment Fund, with a combined institutional holding ratio down by 3.69 percentage points compared to the previous quarter [1] - In the public fund sector, one public fund, Nuoan Multi-Strategy Mixed A, increased its holdings by 0.12% compared to the previous period, while 34 public funds did not disclose their holdings this quarter, including major funds like Morgan Stanley Multi-Factor Strategy Mixed and others [1] Group 2 - Foreign investment sentiment shows that one foreign institution, BARCLAYS BANK PLC, did not disclose its holdings this quarter compared to the previous quarter [1]

万家中证全指公用事业ETF成立于2024年9月11日，截至2025年9月29日，其今年来收益率 为-0.59%，成立来收益率为-6.82%，累计净值为0.9318元。 | 基金名称 | 万家沪深 300 成长交易型开放式指数证券投 | | --- | --- | | | 资基金 | | 基金简称 | 万家沪深 300 成长 ETF | | 基金主代码 | 159656 | | 基金管理人名称 | 万家基金管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办 法》 | | 基金经理变更类型 | 增聘基金经理:解聘基金经理 | | 新任基金经理姓名 | 吴宜蓉 | | 共同管理本基金的基金经理姓名 | | | 离任基金经理姓名 | 贺方舟 | | 基金名称 | 万家创业板综合交易型开放式指数证券投资 | | --- | --- | | | 基金 | | 基金简称 | 万家创业板综合 ETF | | 基金主代码 | 159541 | | 基金管理人名称 | 万家基金管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》 | | 基金经理变更类型 | 增聘基金经理:解聘基金经 ...

- The Shenzhen Stock Exchange announced the revision of the "Compilation Plan for the ChiNext Composite Index" on July 11, 2025, introducing two exclusion mechanisms: monthly exclusion of risk warning stocks and ESG negative exclusion mechanism[3][6][11] - The monthly exclusion mechanism for risk warning stocks removes sample stocks that are announced to be under risk warning from the index starting from the next trading day after the second Friday of the following month. Stocks with risk warnings revoked are added back to the index under the same timeline[6][14] - The ESG negative exclusion mechanism removes sample stocks with ESG ratings downgraded to C or below from the index starting from the next trading day after the second Friday of the following month. Stocks with ESG ratings upgraded above C are added back to the index under the same timeline[6][14] - After the revision, the ChiNext Composite Index includes 1,316 sample stocks, covering 95% of ChiNext-listed companies and 98% of total market capitalization. The top three industries are industrials (32%), information technology (26%), and healthcare (12%). High-tech enterprises account for 92%, strategic emerging industries for 79%, and advanced manufacturing, digital economy, and green low-carbon sectors for 74%[6][11] - The monthly exclusion cycle enhances timeliness compared to the usual semi-annual index adjustment, while maintaining operational feasibility for passive products tracking the index[11] - Short-term impacts may include passive fund selling pressure on excluded stocks, while long-term effects could foster "survival of the fittest," encouraging listed companies to focus on financial stability and ESG performance, driving market valuation systems toward high-quality development[11]

Group 1 - The core viewpoint of the news is that TuoJing Life (300642.SZ) has disclosed its annual report for 2024, revealing significant changes in institutional and foreign investment holdings [1] - As of April 19, 2025, a total of 42 institutional investors hold shares in TuoJing Life, with a combined holding of 36.8578 million shares, accounting for 22.61% of the total share capital [1] - The top ten institutional investors collectively hold 22.38% of the shares, which represents a decrease of 5.93 percentage points compared to the previous quarter [1] Group 2 - In terms of public funds, 36 new public funds have been disclosed this period compared to the previous quarter, including several notable funds such as the Medical Device ETF and the West China Quantitative Growth Mixed A [1] - Regarding foreign investment, only one foreign fund, UBS AG, has reduced its holdings, with a decrease of 0.31% [2] - Several foreign institutions, including MERRILL LYNCH INTERNATIONAL and Goldman Sachs, have not disclosed their holdings this period [2]