Group 1 - The core viewpoint of the news is that Zhuhai Co., Ltd. has seen a significant increase in its stock price, rising by 6.02% to 33.83 CNY per share, with a trading volume of 1.25 billion CNY and a turnover rate of 0.52%, resulting in a total market capitalization of 24.045 billion CNY [1] - Zhuhai Co., Ltd. is located in Huangshi City, Hubei Province, and was established on June 19, 2003, with its listing date on September 13, 2016. The company specializes in the research, manufacturing, and sales of chromium salt products, as well as the comprehensive utilization of chromium salt by-products and other solid waste [1] - The main business revenue composition of Zhuhai Co., Ltd. includes 114.86% from the inorganic salt-related industry, 3.09% from logistics and transportation, and 1.82% from other sources [1] Group 2 - From the perspective of fund holdings, one fund under Qianhai Kaiyuan has Zhuhai Co., Ltd. as a significant holding. The Qianhai Kaiyuan Yuru Mixed A Fund (004680) reduced its holdings by 14,200 shares in the third quarter, holding 400 shares, which accounts for 0.04% of the fund's net value, ranking it as the eighth largest holding [2] - The Qianhai Kaiyuan Yuru Mixed A Fund (004680) was established on September 5, 2017, with a latest scale of 16.2837 million CNY. The fund has experienced a loss of 0.36% this year, ranking 8710 out of 8827 in its category, while achieving a return of 5.05% over the past year, ranking 7138 out of 8084 [2]

Core Viewpoint - KQ Bio (688526.SH) reported its 2025 semi-annual results, highlighting a significant presence of institutional investors in its shareholding structure [1] Institutional Investors - As of August 25, 2025, four institutional investors disclosed holdings in KQ Bio, totaling 80.6962 million shares, which represents 17.31% of the company's total share capital [1] - The institutional investors include Wuhan Huazhong Agricultural University Asset Management Co., Hong Kong Central Clearing Limited, Qianhai Kaiyuan Xianghe Bond A, and Qianhai Kaiyuan Yuru Mixed A [1] - Compared to the previous quarter, the total institutional holding percentage increased by 0.47 percentage points [1] Public Funds - During this period, two new public funds were disclosed compared to the previous quarter, namely Qianhai Kaiyuan Xianghe Bond A and Qianhai Kaiyuan Yuru Mixed A [1] - Two public funds were not disclosed in this period compared to the previous quarter, which are Huian Core Asset Mixed A and Chuangjin Hexin Quantitative Multi-Factor Equity A [1]