Core Insights - Xianheng International (605056.SH) released its semi-annual report for 2025, indicating significant institutional investor interest with 14 institutions holding a total of 294 million shares, representing 71.71% of the total share capital [1] Institutional Holdings - The top ten institutional investors collectively hold 70.10% of the shares, with a decrease of 1.45 percentage points compared to the previous quarter [1] - Major institutional investors include Hangzhou Xingrun Investment Co., Ltd., Hangzhou Xian Ning Investment Partnership, and Goldman Sachs Asia Strategic Pte. Ltd. [1] Public Fund Activity - Four public funds increased their holdings during this period, accounting for a 1.76% increase in shareholding [1] - Two new public funds disclosed their holdings, including Rongtong Leading Growth Mixed (LOF) A/B and Jiaoyin Qixin Mixed Initiation A [1]

Core Viewpoint - Yulide (688628.SH) reported its semi-annual results for 2025, highlighting significant institutional investor holdings and changes in public fund investments [1][2] Group 1: Institutional Holdings - As of August 21, 2025, 11 institutional investors disclosed holdings in Yulide A-shares, totaling 68.0473 million shares, which represents 60.88% of Yulide's total share capital [1] - The top ten institutional investors collectively hold 60.83% of the shares, showing a decrease of 4.34 percentage points compared to the previous quarter [1] Group 2: Public Fund Investments - One public fund, Jiao Yin Qi Xin Mixed Initiation A, increased its holdings, while five public funds reduced their holdings, with a total decrease of 2.63% compared to the previous quarter [2] - One new public fund, Tai Xin Internet + Theme Mixed, was disclosed this period, while seven public funds were not disclosed again, including several notable funds [2]