Core Insights - Hai Da Group (002311.SZ) reported its Q3 2025 results, revealing that 10 institutional investors hold a total of 1.099 billion shares, representing 66.05% of the company's total equity [1] - The top ten institutional investors include notable entities such as Guangzhou Haizao Investment Co., Ltd. and Hong Kong Central Clearing Limited, with their combined shareholding increasing by 0.68 percentage points compared to the previous quarter [1] Institutional Holdings - In the public fund sector, one fund, Huatai-PB MSCI China Consumer ETF, increased its holdings by 0.22%, while four funds, including Invesco Great Wall Emerging Growth Mixed A, reduced their holdings by 0.34% [2] - A total of 1,056 public funds did not disclose their holdings this quarter, including notable funds like Xingquan Helun Mixed A and Huaxia CSI 300 ETF [2] - For social security funds, two funds, namely National Social Security Fund 106 and 109 combinations, increased their holdings by 0.46% [2] Foreign Investment - In terms of foreign investment, one foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.48%, while a new foreign institution, Merrill Lynch International, was disclosed this quarter [2]

Group 1 - Perfect World has experienced a decline for four consecutive trading days, with a cumulative drop of -5.85% [1] - The company operates in three main sectors: Perfect World Film, Perfect World Games, and Perfect World Esports [1] - Four funds under Xingquan Global Fund have entered the top ten shareholders of Perfect World, with notable increases in holdings during the second quarter of this year [1] Group 2 - Xingquan He Run Mixed A Fund has a year-to-date return of 10.61%, ranking 2847 out of 4501 in its category [1] - Xingquan Business Model Mixed (LOF) A Fund has a year-to-date return of 13.30%, ranking 2338 out of 4501 [1] - Xingquan He Yi Mixed (LOF) A Fund has a year-to-date return of 23.93%, ranking 360 out of 2289 [1] - Xingquan New Vision Open-end Mixed Fund has a year-to-date return of 12.53%, ranking 883 out of 2289 [1] Group 3 - The fund managers for the mentioned funds include Xie Zhiyu, Qiao Qian, and Xue Yiran, with Xie Zhiyu having extensive experience in fund management [6][8][9] - Xingquan Global Fund Management Co., Ltd. was established in September 2003 and is co-owned by Xingye Securities Co., Ltd. and Global Life Insurance International Company [9]

其中，兴全合润混合A今年以来收益率9.12%，同类排名3104(总4504)，兴全商业模式混合(LOF)A今年以来收益率11.03%，同类排名2682(总4504)。 兴全合润混合A、兴全商业模式混合(LOF)A基金经理分别为谢治宇、乔迁。 简历显示，谢治宇先生:1981年生,经济学硕士。历任兴证全球基金管理有限公司研究部研究员、专户投资部投资经理、基金管理部基金经理、基金管理部投 资副总监兼基金经理、基金管理部投资总监兼基金经理、公司总经理助理兼基金管理部投资总监、兴全轻资产投资混合型证券投资基金(LOF)基金经理、兴 全趋势投资混合型证券投资基金(LOF)基金经理、基金管理部总监、投资总监。现任兴证全球基金管理有限公司副总经理、研究部总监、国际业务部总监、 兴全合润混合型证券投资基金基金经理(2013年1月29日起至今)、兴全合宜灵活配置混合型证券投资基金(LOF)基金经理(2018年1月23日起至今)、兴全社会价 值三年持有期混合型证券投资基金基金经理(2019年12月26日起至今)。 | ○ 基金经理：谢治宇 | | | | | | | | | --- | --- | --- | --- | --- ...

Group 1 - Lixun Precision has experienced a decline for five consecutive trading days, with a cumulative drop of -3.88% [1] - Lixun Precision Industrial Co., Ltd. was established on May 24, 2004, and successfully listed on the Shenzhen Stock Exchange's SME board on September 15, 2010, with stock code 002475 [1] - XG Global Fund's XG All-Round Mixed A Fund is among the top ten shareholders of Lixun Precision and has increased its holdings in the second quarter of this year [1] Group 2 - The XG All-Round Mixed A Fund has achieved a year-to-date return of 7.71%, ranking 3016 out of 4513 in its category [2] - The fund's performance over various periods includes a weekly increase of 2.54%, a monthly increase of 6.83%, a three-month increase of 9.69%, a six-month increase of 6.53%, and a year-to-date increase of 7.71% [2] - The average performance of similar funds for the year-to-date is 13.49%, indicating that XG All-Round Mixed A Fund is underperforming compared to its peers [2] Group 3 - The fund manager of XG All-Round Mixed A is Xie Zhiyu, who has extensive experience in fund management and has been in the role since January 29, 2013 [4][5] - Xie Zhiyu holds a master's degree in economics and has served in various capacities within XG Global Fund, including Vice General Manager and Director of Research [4][5] - XG Global Fund Management Co., Ltd. was established in September 2003 and is co-owned by two shareholders: Industrial Securities Co., Ltd. (51%) and Global Life Insurance International Co. (49%) [5]

Group 1 - Naxin Microelectronics has experienced a decline for five consecutive trading days, with a cumulative drop of -11.08% [1] - Suzhou Naxin Microelectronics Co., Ltd. specializes in high-performance and high-reliability analog and mixed-signal chips [1] - Two funds under Xingzheng Global Fund have entered the top ten shareholders of Naxin Microelectronics, with both increasing their holdings in the first quarter of this year [1] Group 2 - Xingquan Helun Mixed A Fund has a year-to-date return of 2.35%, ranking 2761 out of 4431 in its category [1] - Xingquan Business Model Mixed (LOF) A Fund has a year-to-date return of 2.24%, ranking 2791 out of 4431 in its category [1] Group 3 - The fund managers of Xingquan Helun Mixed A and Xingquan Business Model Mixed (LOF) A are Xie Zhiyu and Qiao Qian, respectively [4][6] - Xie Zhiyu has been with Xingzheng Global Fund since January 29, 2013, and has held various positions, currently serving as the Deputy General Manager and Director of Research [4][5] - Qiao Qian has been with Xingzheng Global Fund since July 2008, serving as a researcher and assistant fund manager before becoming a fund manager [6]

Group 1 - Haier Smart Home (600690.SH) reported its Q1 2025 results, with 358 institutional investors disclosing holdings of A-shares, totaling 3.953 billion shares, which represents 42.13% of the total share capital [1] - The top ten institutional investors include Haier Kaos Co., Ltd., Haier Group, and others, holding a combined 38.52% of shares, with a decrease of 1.09 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 123 funds increased their holdings, with a holding increase ratio of 0.43%, including funds like E Fund Consumer Industry Stock and E Fund SSE 50 Enhanced A [2] - Conversely, 82 funds reduced their holdings, with a decrease ratio of 0.36%, including funds like Xingquan Helun Mixed A and Huatai-PB SSE 300 ETF [2] - A total of 73 new public funds were disclosed this period, while 887 funds were not disclosed compared to the previous quarter [2]

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]

Group 1 - China International Airlines Co., Ltd. (Air China) experienced a significant stock decline of 2.12% on April 18 [1] - The company was established in 2006 and is primarily engaged in the aviation transportation industry, with a registered capital of approximately 16.2 billion RMB [1] - As of the first quarter of this year, XINGQUAN Global Fund's XINGQUAN He Run Mixed A Fund has entered Air China's top ten shareholders, marking a new investment for the fund this year [1] Group 2 - The performance of XINGQUAN He Run Mixed A Fund has shown a year-to-date return of -3.73%, ranking 839 out of 1218 in its category [2] - The fund's performance over various periods includes a quarterly decline of -3.86% and a monthly decline of -9.34% [2] - Comparatively, the average performance of similar funds has been better, with a year-to-date return of -0.069% [2] Group 3 - The fund manager of XINGQUAN He Run Mixed A is Xie Zhiyu, who has extensive experience in fund management and has been in the role since January 29, 2013 [4][5] - Xie Zhiyu has managed multiple funds and has a cumulative tenure of over 12 years [5] - XINGQUAN Global Fund Management Co., Ltd. was established in September 2003 and is co-owned by two shareholders, with a majority stake held by Industrial Securities Co., Ltd. [5]