Group 1 - The core point of the news is that Baiao Chemical's stock price has dropped by 5.01%, currently trading at 25.20 CNY per share, with a total market capitalization of 17.797 billion CNY [1] - Baiao Chemical, established on September 22, 2003, and listed on February 6, 2017, specializes in the research, production, and sales of isothiazolinone-based industrial biocides [1] - The company's revenue composition shows that domestic business accounts for 66.61%, while international business constitutes 33.39% [1] Group 2 - From the perspective of fund holdings, one fund under Jiao Yin Schroder has a significant position in Baiao Chemical, holding 135,900 shares, which represents 0.59% of the fund's net value [2] - The fund, Jiao Yin Hui Xuan Rui Xin One-Year Holding Period Mixed (FOF) A, has a total scale of 355 million CNY and has achieved a year-to-date return of 16.08% [2] - The fund manager, Liu Di, has been in position for 307 days, with the fund's total assets amounting to 4.205 billion CNY [2]