Group 1 - The core point of the news is that Jiao Cheng Ultrasonic experienced a decline of 5.22% in its stock price, reaching 109.41 CNY per share, with a total market capitalization of 12.662 billion CNY [1] - Jiao Cheng Ultrasonic, established on February 13, 2007, specializes in the research, design, production, and sales of ultrasonic welding and cutting equipment, as well as providing automation solutions for the new energy battery manufacturing sector [1] - The company's main business revenue composition includes: 31.42% from accessories, 25.86% from new energy battery ultrasonic equipment, 18.51% from services and others, 13.92% from harness connector ultrasonic equipment, 8.03% from semiconductor ultrasonic equipment, 2.09% from non-metal ultrasonic equipment, and 0.18% from other supplementary sources [1] Group 2 - According to data, a fund under Bank of China Securities holds a significant position in Jiao Cheng Ultrasonic, with the Bank of China New Energy Mixed A Fund (005571) owning 26,400 shares, accounting for 4.46% of the fund's net value, making it the eighth largest holding [2] - The Bank of China New Energy Mixed A Fund has reported a year-to-date return of 55.55%, ranking 968 out of 8152 in its category, and a one-year return of 50.14%, ranking 1177 out of 8038 [2]

Core Viewpoint - Hezhong Electric experienced a 5.03% increase in stock price, reaching 35.71 CNY per share, with a trading volume of 1.029 billion CNY and a turnover rate of 6.45%, resulting in a total market capitalization of 16.233 billion CNY [1] Company Overview - Hezhong Electric, established on April 20, 2007, and listed on July 28, 2017, is located in the Nanshan District of Shenzhen, Guangdong Province. The company specializes in the field of electric energy conversion, assisting clients in achieving efficient, reliable, and high-quality generation, consumption, and transmission of electricity [1] - The revenue composition of Hezhong Electric includes: 80.88% from new energy control business, 11.99% from engineering transmission business, and 5.02% from other sources [1] Fund Holdings - According to data, a fund under Bank of China Securities holds a significant position in Hezhong Electric. The Bank of China Securities New Energy Mixed A Fund (005571) held 40,000 shares in the second quarter, accounting for 3.06% of the fund's net value, ranking as the eighth largest holding [2] - The Bank of China Securities New Energy Mixed A Fund (005571) was established on August 2, 2018, with a latest scale of 27.0731 million CNY. The fund has achieved a year-to-date return of 53.39%, ranking 844 out of 8244 in its category, and an annual return of 86.12%, ranking 662 out of 8080 [2] Fund Manager Information - The fund manager of the Bank of China Securities New Energy Mixed A Fund (005571) is Zhang Lixin, who has been in the position for 2 years and 281 days. The total asset scale of the fund is 12.2 million CNY, with the best return during the tenure being 10.99% and the worst return being 1.69% [3]

Group 1 - The core viewpoint of the news is that OrbiMed (688322.SH) has reported its annual results for 2024, highlighting significant institutional investor interest and changes in shareholding patterns [1] Group 2 - As of April 21, 2025, a total of 206 institutional investors disclosed holdings in OrbiMed A-shares, with a total shareholding of 127 million shares, accounting for 31.65% of the total share capital [1] - The top ten institutional investors include Shanghai Yunxin Venture Capital Co., Ltd., Zhuhai OrbiMed Investment Partnership (Limited Partnership), and others, with their combined shareholding ratio reaching 26.51% [1] - Compared to the previous quarter, the combined shareholding ratio of the top ten institutions decreased by 3.09 percentage points [1] Group 3 - In the public fund sector, four public funds reported a decrease in holdings compared to the previous quarter, including Bank of China Securities Advantage Manufacturing Stock A and others, with a slight decline in the proportion of reduced holdings [2] - A total of 193 new public funds were disclosed this period, including several funds such as Xingquan Helun Mixed A and others [2] - One public fund, Tianhong Guozheng 2000 Index Enhanced A, was not disclosed in this period compared to the previous quarter [2]