其管理过的公募基金如下: 证券之星消息，2025年9月16日，东方中证A500指数增强（023544）发布公告，增聘王怀勋为基金经 理，任职日期自2025年9月16日起，变更后东方中证A500指数增强（023544）的基金经理为盛泽,王怀 勋。截止2025年9月15日，东方中证A500指数增强净值为1.1691，较上一日下跌0.28%。 王怀勋先生：中国人民大学金融专业硕士，曾任中国人寿保险股份有限公司研发人员。2015年加盟东方 基金管理股份有限公司基金管理人，曾任产品开发部产品经理助理、专户投资部产品经理、量化投资部 研究员，东方岳灵活配置混合型证券投资基金基金经理助理、东方鼎新灵活配置混合型证券投资基金基 金经理助理、东方核心动力混合型证券投资基金基金经理助理、东方量化成长灵活配置混合型证券投资 基金基金经理助理、东方量化多策略混合型证券投资基金基金经理助理、东方互联网嘉混合型证券投资 基金基金经理助理，现任东方量化多策略混合型证券投资基金基金经理、东方量化成长灵活配置混合型 证券投资基金基金经理。 重仓股战绩回顾：其管理的东方量化成长灵活配置混合A在2024年第四季度调入三丰智能，调入当季均 价110 ...

其管理过的公募基金如下: 证券之星消息，2025年9月16日，东方沪深300指数增强（016204）发布公告，增聘王怀勋为基金经理， 任职日期自2025年9月16日起，变更后东方沪深300指数增强（016204）的基金经理为盛泽,王怀勋。截 止2025年9月15日，东方沪深300指数增强净值为1.2071，较上一日下跌0.46%，近一年上涨34.33%。 王怀勋先生：中国人民大学金融专业硕士，曾任中国人寿保险股份有限公司研发人员。2015年加盟东方 基金管理股份有限公司基金管理人，曾任产品开发部产品经理助理、专户投资部产品经理、量化投资部 研究员，东方岳灵活配置混合型证券投资基金基金经理助理、东方鼎新灵活配置混合型证券投资基金基 金经理助理、东方核心动力混合型证券投资基金基金经理助理、东方量化成长灵活配置混合型证券投资 基金基金经理助理、东方量化多策略混合型证券投资基金基金经理助理、东方互联网嘉混合型证券投资 基金基金经理助理，现任东方量化多策略混合型证券投资基金基金经理、东方量化成长灵活配置混合型 证券投资基金基金经理。 重仓股战绩回顾：其管理的东方量化成长灵活配置混合A在2024年第四季度调入三丰智能，调 ...

Core Viewpoint - Tian Tong Co., Ltd. (600330.SH) reported its semi-annual results for 2025, highlighting an increase in institutional investor holdings and public fund participation [1] Group 1: Institutional Holdings - As of August 25, 2025, a total of 9 institutional investors disclosed holdings in Tian Tong Co., Ltd., with a combined shareholding of 188 million shares, representing 15.25% of the total share capital [1] - The institutional investor group includes notable entities such as Tian Tong High-tech Group Co., Ltd., Guangdong Hengjian International Investment Co., Ltd., and several funds from China Merchants Bank [1] - Compared to the previous quarter, the total institutional holding percentage increased by 0.61 percentage points [1] Group 2: Public Fund Participation - Three public funds increased their holdings during this period, including Southern CSI 1000 ETF, Huaxia CSI 1000 ETF, and Oriental Quantitative Growth Flexible Allocation Mixed A, with an increase in holdings accounting for 0.31% [1] - Two new public funds disclosed their holdings compared to the previous quarter, namely Shenwan Hongyuan Quantitative Small Cap Stock (LOF) A and Changjiang Huizhi Quantitative Stock Selection Mixed Initiation A [1]

Core Insights - Youbo Information (300531.SZ) released its semi-annual report for 2025, indicating a total of 6 institutional investors holding A-shares, with a combined shareholding of 126 million shares, representing 39.01% of the total share capital [1] - The institutional shareholding increased by 1.59 percentage points compared to the previous quarter [1] - Two new foreign institutional investors disclosed their holdings this period, including MORGAN STANLEY & CO. INTERNATIONAL PLC. and BARCLAYS BANK PLC [1] Institutional Holdings - The institutional investors include Hong Kong Youbo Information Technology Holdings Group Co., Ltd., Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership), MORGAN STANLEY & CO. INTERNATIONAL PLC., BARCLAYS BANK PLC, Goldman Sachs International - Proprietary Capital, and UBS AG [1] - The total institutional shareholding percentage reached 39.01%, reflecting a positive trend in institutional investment [1] Public Fund Disclosure - There were 2 public funds that did not disclose their holdings in the previous quarter, namely Xin'ao New Energy Industry Stock A and Dongfang Quantitative Growth Flexible Allocation Mixed A [1] Foreign Investment Attitude - The report highlights the addition of 2 new foreign institutional investors compared to the last quarter, indicating a growing interest from foreign entities [1]

Core Viewpoint - The recent financial report of Hejing Technology (300279) shows a decline in total revenue but an increase in net profit, indicating mixed performance in the company's financial health and operational efficiency [1]. Financial Performance - Total revenue for the first half of 2025 was 921 million yuan, a decrease of 13.7% compared to 1.067 billion yuan in the same period of 2024 [1]. - Net profit attributable to shareholders reached 43.87 million yuan, an increase of 38.53% from 31.67 million yuan in the previous year [1]. - The gross profit margin improved to 16.92%, up 2.13% year-on-year, while the net profit margin increased significantly by 61.63% to 4.75% [1]. - The company reported a significant increase in accounts receivable, which accounted for 1030.08% of the latest annual net profit [1][4]. Cash Flow and Debt Management - The company’s cash flow from operating activities showed a decline, with operating cash flow per share at 0.23 yuan, down 22.34% year-on-year [1]. - Long-term borrowings decreased by 65.85%, attributed to the reclassification of some long-term loans to current liabilities [3]. - Financial expenses dropped by 93.27%, due to repayment of bank loans and lower interest rates [3]. Investment and Market Position - The company's return on invested capital (ROIC) was reported at 4.75%, indicating weak capital returns historically, with a median ROIC of 3.65% over the past decade [3]. - The business model relies heavily on research and development, which requires careful analysis of the underlying drivers [3]. Shareholder Information - The largest fund holding Hejing Technology is the Dongfang Quantitative Growth Flexible Allocation Mixed A, which reduced its holdings to 52,400 shares [5].

Group 1 - The core viewpoint of the news is that Starlight Co., Ltd. (002076.SZ) has reported a decrease in institutional holdings in its 2024 annual report, with a total of 11 institutional investors holding 140 million shares, representing 12.63% of the total share capital, a decline of 2.54 percentage points from the previous quarter [1][2]. Group 2 - The top ten institutional investors include notable firms such as Jader Capital Management Co., Ltd., Guangdong Shangfan Capital Investment Co., Ltd., UBS AG, and Barclays Bank PLC, among others, collectively holding 12.63% of the shares [1]. - In the public fund sector, five new public funds were disclosed this period, including Green Macro Return Mixed A and others, indicating continued interest from public funds [1]. - Regarding foreign investment, UBS AG was the only foreign fund to reduce its holdings this period, while two new foreign institutions, Barclays Bank PLC and Morgan Stanley & Co. International PLC, were disclosed [2].