Core Insights - As of October 30, 2025, institutional investors hold a total of 485 million shares of Yasha Co., accounting for 36.22% of the company's total share capital, with a decrease of 1.91 percentage points compared to the previous quarter [1] Institutional Holdings - Four institutional investors disclosed their holdings in Yasha Co., including Yasha Holdings Ltd., Hong Kong Central Clearing Ltd., Zhejiang Yasha Decoration Co. Ltd. - Fourth Employee Stock Ownership Plan, and Bank of China Ltd. - E Fund Stable Income Bond Fund [1] - The proportion of holdings by institutional investors has decreased by 1.91 percentage points compared to the last quarter [1] Public Fund Holdings - One public fund, E Fund Stable Income Bond A, reported a decrease in holdings compared to the previous quarter [1] - A total of 48 public funds did not disclose their holdings this quarter, including notable funds such as Huatai-PineBridge CSI 300 Index Enhanced A and Huatai-PineBridge CSI 500 Index Enhanced A [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Ltd., reported a decrease in holdings, with a reduction percentage of 0.88% compared to the previous quarter [1]

Group 1 - The core viewpoint of the news is that 瑞德智能 (Reed Intelligent) has reported a decrease in institutional holdings in its A-shares, with a total of 8 institutional investors holding 19.30 million shares, representing 18.93% of the total share capital, which is a decline of 1.32 percentage points compared to the previous quarter [1] Group 2 - As of October 27, 2025, the total institutional holdings in 瑞德智能 (Reed Intelligent) amounted to 19.30 million shares, accounting for 18.93% of the total share capital [1] - The institutional investors include 佛山市瑞翔投资有限公司, 广东弘德投资管理有限公司, 广东美的智能科技产业投资基金管理中心, UBS AG, 中国工商银行, 深圳市银河风云网络系统股份有限公司, J.P.Morgan Securities PLC, and 国元证券 [1] - In the public fund sector, one public fund, 大成中证360互联网+指数A, reported a slight decrease in holdings, while 31 public funds did not disclose their holdings this quarter [2] - A new foreign institutional investor, UBS AG, was disclosed this quarter, indicating a slight change in foreign investment interest [2]