Core Insights - The report indicates that as of October 27, 2025, institutional investors hold a total of 110 million shares of Youbo Xun (300531.SZ), accounting for 34.14% of the company's total share capital, which represents a decrease of 5.06 percentage points from the previous quarter [1] Institutional Holdings - Three institutional investors are disclosed to hold shares in Youbo Xun, including Hong Kong Youbo Xun Technology Holdings Group Co., Ltd., Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership), and Shenzhen Botong Sichuang Consulting Co., Ltd. [1] - The total institutional holding percentage has decreased by 5.06 percentage points compared to the last quarter [1] Public Fund Activity - A total of 18 public funds have not disclosed their holdings this quarter, including notable funds such as Xin'ao New Energy Industry Stock A, Xin'ao Research Preferred Mixed A, and Wanjiayuan Chuangye Board Comprehensive ETF [1] Foreign Investment Trends - One foreign fund, Hong Kong Youbo Xun Technology Holdings Group Co., Ltd., has reduced its holdings by 2.97% compared to the previous quarter [1] - Notable foreign institutions that have not disclosed their holdings this quarter include Morgan Stanley & Co. International PLC and Barclays Bank PLC [1]

Core Insights - Hason Co., Ltd. (603958.SH) released its Q3 2025 report on October 28, 2025, indicating that institutional investors hold a total of 142 million shares, accounting for 64.56% of the total share capital [1] Institutional Holdings - A total of four institutional investors disclosed their holdings in Hason Co., Ltd., with a combined holding of 142 million shares, representing 64.56% of the total share capital [1] - The institutional holding percentage decreased by 0.98 percentage points compared to the previous quarter [1] Public Fund Activity - Eight public funds were disclosed in this period, including Xinao New Energy Industry Stock A, Xinao Zhiyuan Three-Year Holding Period Mixed A, Xinao Leading Smart Selection Mixed, Xinao Research Preferred Mixed A, and Xinao Core Technology Mixed [1] Foreign Investment Trends - One foreign fund, Hong Kong Xinrong Investment Co., Ltd., reduced its holdings compared to the previous quarter, showing a slight decline [1] - A new foreign institution, AMAZING NINGBO LIMITED, was disclosed in this period [1]

Group 1 - Tiancheng Technology (688603.SH) released its 2024 annual report on April 10, 2025, indicating that as of April 9, 2025, 66 institutional investors disclosed holding A-shares, totaling 34.1296 million shares, which accounts for 58.71% of the total share capital [1] - The top ten institutional investors include Tiancheng Chemical Co., Ltd., Shanghai Daotian Electronic Technology Co., Ltd., and several others, with the top ten collectively holding 56.44% of the shares [1] - Compared to the previous quarter, the combined holding percentage of the top ten institutions decreased by 1.72 percentage points [1] Group 2 - In the public fund sector, 52 new public funds were disclosed this period, including products like Bosera Science and Technology Innovation Board Three-Year Open Mixed Fund and others [2] - One public fund, the Huaxia Digital Economy Leader Mixed Initiation A, was not disclosed in this period compared to the previous quarter [2]

Group 1 - The core point of the article is that Chaoyang Technology's stock has hit the limit down, declining by 15.52% this year, and the company is facing challenges in the electric sound industry [1] - Chaoyang Technology, established in March 2005, specializes in the research, manufacturing, and sales of intelligent complete machines, precision components, and precision structural parts [1] - Three funds under Xinda Australia Fund have entered the top ten shareholders of Chaoyang Technology, with a holding ratio of 1.17% [1] Group 2 - The funds that invested in Chaoyang Technology include Xinda New Energy Industry Stock, Xinda Zhiyuan Three-Year Holding Mixed A, and Xinda Leading Smart Selection Mixed, all of which are newly entered in the first quarter of this year [1] - The year-to-date returns for these funds are as follows: Xinda New Energy Industry Stock at -10.34%, Xinda Zhiyuan Three-Year Holding Mixed A at -10.24%, and Xinda Leading Smart Selection Mixed at -10.55% [1] - The rankings of these funds among their peers are 730 out of 856 for Xinda New Energy Industry Stock, 3580 out of 4303 for Xinda Zhiyuan Three-Year Holding Mixed A, and 3650 out of 4303 for Xinda Leading Smart Selection Mixed [1]

信达澳亚两个大将都在梭哈的路上。 作者 | 市值风云基金研究部 编辑 | 小白 靠重仓电子板块发迹，再靠梭哈电子翻身 信达澳亚的台柱子冯明远想必大家都很熟悉，曾在2017-19年代表作收益率干到118%，挤进全市场前 十，随后成为基金公司的摇钱树，靠着好成绩大发特发基金，2021年管理规模达到顶峰，突破400 亿。 （来源：Choice数据，市值风云APP制图） 盛极而衰，2022年开始冯明远的成绩一落千丈，收益率暴跌29.3%，从业以来首次跑输沪深300指 数，接下来两年他都没有摆脱跑输指数的噩梦，这段时间可谓是他职业生涯的低谷期。 （来源：Choice数据，市值风云APP制图） 虽然凭借代表作信达澳亚新能源产业股票（001410.OF）早期打下的良好基础，该只基金的任期回报 仍高达261.8%，但他名下在管基金中仍有多只处于亏损状态。 尤其是信澳领先智选混合（012608.OF）的任职回报为-30%，在2021年以后在他狂发基金期间上车的 基民拿到现在还未回本。 | 当明远管理过的基金一览 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- ...