Group 1 - The core point of the news is that Jiecheng Co., Ltd. experienced a stock price increase of 5.29%, reaching 6.37 CNY per share, with a trading volume of 483 million CNY and a turnover rate of 3.41%, resulting in a total market capitalization of 16.969 billion CNY [1] - Jiecheng Co., Ltd. is primarily engaged in new media copyright operation and distribution, with its revenue composition being 83.99% from copyright operation, 13.21% from digital marketing services, 2.22% from film and television content production, and 0.58% from solution and product sales [1] Group 2 - From the perspective of fund holdings, Huashang Fund has one fund heavily invested in Jiecheng Co., Ltd., specifically the Huashang Quantitative Quality Selection Mixed Fund (010293), which held 736,900 shares, accounting for 3.02% of the fund's net value, ranking as the eighth largest holding [2] - The Huashang Quantitative Quality Selection Mixed Fund (010293) was established on October 28, 2020, with a latest scale of 148 million CNY, and has achieved a year-to-date return of 7.86%, ranking 947 out of 9012 in its category, and a one-year return of 52.53%, ranking 1860 out of 8157 [2]

Group 1 - The core point of the news is that Binhai Group's stock price has dropped by 5.11%, currently trading at 10.03 yuan per share, with a total market capitalization of 31.208 billion yuan [1] - Binhai Group, established on August 22, 1996, and listed on May 29, 2008, primarily engages in real estate development and sales, with 98.93% of its revenue coming from property sales [1] - The company's revenue composition includes property sales (98.93%), property leasing (0.44%), property project management services (0.34%), hotel management services (0.27%), and other services (0.02%) [1] Group 2 - From the perspective of fund holdings, Huashang Fund has a significant position in Binhai Group, with its Huashang Quantitative Quality Selected Mixed Fund holding 375,400 shares, accounting for 3.19% of the fund's net value [2] - The Huashang Quantitative Quality Selected Mixed Fund has a total scale of 148 million yuan and has achieved a return of 30.55% this year, ranking 2222 out of 8134 in its category [2] - The fund manager, Haiyang, has been in position for 1 year and 329 days, with the best fund return during this period being 44.36% and the worst being -7.21% [2]

Core Viewpoint - Tongwei Co., Ltd. (002835.SZ) reported its Q3 2025 financial results, indicating a decline in institutional ownership and a stable number of public funds compared to the previous quarter [1] Institutional Ownership - As of October 28, 2025, there is one institutional investor holding shares in Tongwei Co., Ltd., with a total holding of 827,800 shares, representing 0.38% of the total share capital [1] - The institutional ownership percentage decreased by 0.55 percentage points compared to the previous quarter [1] Public Fund Holdings - In this reporting period, 28 public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Dachen CSI 360 Internet + Index A, Guangfa Multi-Factor Mixed Fund, and others [1]