Core Insights - Langxin Group's stock dropped by 5.03% on October 30, closing at 17.74 CNY per share, with a trading volume of 341 million CNY and a turnover rate of 1.83%, resulting in a total market capitalization of 19.164 billion CNY [1] Company Overview - Langxin Technology Group Co., Ltd. is located in Wuxi, Jiangsu Province, and was established on May 7, 2003, with its listing date on August 1, 2017 [1] - The company's main business involves technology and services for information systems in the public utility sector, as well as home internet services, technology research and development, system construction, and business operations [1] - The revenue composition of the main business includes: platform operations 60.91%, software services 35.11%, and other businesses 3.98% [1] Fund Holdings - Xinhua Fund has one fund heavily invested in Langxin Group, specifically the Xinhua Industry Leader Theme Stock (011457), which held 52,500 shares in the third quarter, accounting for 1.87% of the fund's net value, making it the sixth-largest holding [2] - The fund has a current scale of 54.6941 million CNY, with a year-to-date return of 12.94%, ranking 3474 out of 4216 in its category; it has a one-year loss of 0.56%, ranking 3813 out of 3885, and a cumulative loss of 32.9% since inception [2] Fund Manager Performance - The fund managers of Xinhua Industry Leader Theme Stock include Lai Qingxin, Lin Zhi, and Zhang Dajiang, with varying tenures and performance records [3] - Lai Qingxin has a tenure of 8 years and 259 days, managing assets totaling 1.533 billion CNY, with the best return of 30.55% and the worst return of -25.09% during his tenure [3] - Lin Zhi has a tenure of 5 years and 296 days, managing assets of 715 million CNY, with the best return of 17.8% and the worst return of -5.55% [3] - Zhang Dajiang has a tenure of 2 years and 296 days, managing assets of 646 million CNY, with the best return of 28.73% and the worst return of -4.74% [3]