Core Viewpoint - Qiao Feng Intelligent (301603.SZ) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 7 institutional investors holding 10.91 million shares, representing 9.04% of the total share capital, down 5.22 percentage points from the previous quarter [1] Institutional Ownership - As of October 27, 2025, institutional investors include Nanjing Qiaoze Venture Capital Partnership, Nanjing Qiaorong Venture Capital Partnership, Shenzhen Tongfang Huixin Venture Capital, Hong Kong Central Clearing Limited, China Construction Bank - CICC New Star Equity Fund, Shanghai Fushen Investment, and Ping An CSI Photovoltaic Industry Index A [1] - The total institutional ownership decreased by 5.22 percentage points compared to the previous quarter [1] Public Fund Activity - One new public fund disclosed this quarter, namely CICC New Star Equity A [1] - A total of 117 public funds were not disclosed this quarter, including major funds like Morgan Stanley Emerging Industries Equity, Southern Prosperity Forward Mixed A, and others [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.41% compared to the previous period [1]

Core Viewpoint - Nasda's semi-annual report for 2025 indicates a significant institutional investment, with 22 institutional investors holding a total of 641 million shares, representing 45.07% of the total share capital [1] Institutional Investment - The top ten institutional investors collectively hold 41.41% of Nasda's shares, with a 0.91 percentage point increase from the previous quarter [1] - Major institutional investors include Zhuhai Saina Technology Co., Ltd., Hong Kong Central Clearing Limited, and various funds managed by E Fund and China Construction Bank [1] Public Fund Activity - Three public funds increased their holdings, with a total increase of 0.13%, while seven public funds decreased their holdings, with a total decrease of 0.32% [2] - New public funds disclosed during this period include E Fund CSI 300 ETF and Zhongjin New Star Stock A [2] - Nineteen public funds were not disclosed in this period, indicating a potential shift in investment strategies [2] Pension Fund Perspective - One pension fund, the Basic Pension Insurance Fund 1205 Combination, increased its holdings by 0.3% [2] Foreign Investment Attitude - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.25% [2]

Core Viewpoint - Chongqing Yu Development Co., Ltd. has experienced a decline in stock price, with a cumulative drop of -6.27% over four consecutive trading days, indicating potential concerns regarding its market performance [1]. Company Summary - Chongqing Yu Development is a state-owned backbone enterprise controlled by Chongqing Urban Construction Investment (Group) Co., Ltd. [1]. - The company has recently seen the entry of Taikang Fund's Taikang New Growth Mixed A fund into its top ten shareholders, marking a significant investment move [1]. Fund Performance - Taikang New Growth Mixed A fund has achieved a year-to-date return of 33.36%, ranking 363 out of 4121 in its category [1]. - The fund manager, Han Qing, has a strong background in securities research and investment, having worked in various reputable firms and received multiple awards for his analytical skills [3][4].