Group 1 - The core viewpoint of the news is that Zhongjuxin's stock has been performing well, with a 6-day consecutive increase and a total market value of 13.842 billion yuan [1] - Zhongjuxin Technology Co., Ltd. was established on December 25, 2017, and went public on September 8, 2023, focusing on the research, production, and sales of electronic wet chemicals, electronic specialty gases, and precursor materials [1] - The main revenue composition of Zhongjuxin includes electronic wet chemicals at 76.63%, electronic specialty gases and precursors at 21.25%, and others at 2.12% [1] Group 2 - Among the top ten circulating shareholders of Zhongjuxin, a fund under Huaxia Fund has entered the list, holding 4.4619 million shares, which is 0.76% of the circulating shares [2] - The Huaxia SSE Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme ETF (588170) has a latest scale of 2.79 billion yuan and has achieved a return of 53.12% since its establishment on March 24, 2025 [2] - The fund manager of the Huaxia ETF, Yang Siqi, has a total asset scale of 11.248 billion yuan, with the best fund return during his tenure being 51.66% and the worst being -5.12% [2]

Group 1 - The core viewpoint of the news is that Longtu Photomask has experienced a significant stock price increase, with a 9.33% rise over three consecutive days, reaching a price of 49.33 yuan per share and a market capitalization of 6.586 billion yuan [1] - Longtu Photomask specializes in the research, production, and sales of semiconductor photomasks, with its main revenue sources being quartz photomasks (82.00%) and soda photomasks (18.00%) [1] - The company is located in the Saint George Technology Industrial Park in Bao'an District, Shenzhen, and was established on April 19, 2010, with its listing date set for August 6, 2024 [1] Group 2 - Among the top ten circulating shareholders of Longtu Photomask, Huaxia Fund's ETF (588170) has recently entered the list, holding 202,000 shares, which is 0.58% of the circulating shares [2] - The ETF has generated a floating profit of approximately 139,400 yuan today and a total of 850,300 yuan during the three-day price increase [2] - The Huaxia ETF was established on March 24, 2025, with a current scale of 2.79 billion yuan and a return of 53.12% since its inception [2] Group 3 - The fund manager of the Huaxia ETF is Yang Siqi, who has been in the position for 1 year and 197 days, managing assets totaling 11.248 billion yuan [3] - During Yang Siqi's tenure, the best fund return achieved was 51.66%, while the worst return was -5.12% [3]

Summary of Key Points Core Viewpoint - On December 1, the industry-themed ETF funds experienced a net outflow of 2.217 billion yuan, with a cumulative net outflow of 21.43 billion yuan over the past five trading days, indicating a trend of capital withdrawal from these funds [1]. Fund Performance - A total of 66 industry-themed ETFs saw net inflows on December 1, with the Huabao Securities ETF (512000) leading the inflow, increasing by 330 million shares and a net inflow of 186 million yuan [1][3]. - Conversely, 141 industry-themed ETFs experienced net outflows, with the Guotai Zhongzheng All-Index Securities Company ETF (512880) having the largest outflow, decreasing by 501 million shares and a net outflow of 592 million yuan [1][4]. Top ETFs by Net Inflow - The top ETFs by net inflow on December 1 included: - Huabao Securities ETF (512000): 1.86 billion yuan net inflow, 701.77 million shares [3]. - Guotai Zhongzheng All-Index Communication Equipment ETF (515880): 1.72 billion yuan net inflow, 42.93 million shares [3]. - Other notable inflows included the China Merchants Zhongzheng Battery Theme ETF (561910) and the Southern Zhongzheng Shenwan Nonferrous Metals ETF (512400) [3]. Top ETFs by Net Outflow - The top ETFs by net outflow on December 1 included: - Guotai Zhongzheng All-Index Securities Company ETF (512880): 5.92 billion yuan net outflow, 499.03 million shares [4][5]. - Huabao Zhongzheng Bank ETF (512800): 4.35 billion yuan net outflow, 213.76 million shares [5]. - Other significant outflows were seen in the Guolian An Zhongzheng Semiconductor ETF (512480) and the Yongying Zhongzheng Hong Kong Gold Industry ETF (517520) [5].

Group 1 - The core point of the news is that Longtu Photomask has seen a stock price increase of 5.18%, reaching 46.50 CNY per share, with a total market capitalization of 6.208 billion CNY [1] - Longtu Photomask, established on April 19, 2010, specializes in the research, production, and sales of semiconductor photomasks, with revenue composition of 82% from quartz photomasks and 18% from soda photomasks [1] - The company is located in the Saint George Technology Industrial Park in Bao'an District, Shenzhen, Guangdong Province [1] Group 2 - Among the top ten circulating shareholders of Longtu Photomask, Huaxia Fund's ETF (588170) has entered the list, holding 202,000 shares, which is 0.58% of the circulating shares [2] - The Huaxia ETF, established on March 24, 2025, has a current scale of 2.79 billion CNY and has achieved a return of 43.2% since inception [2] - The fund manager, Yang Siqi, has been in the position for 1 year and 162 days, with the fund's total asset scale at 11.54 billion CNY, achieving a best return of 51.66% and a worst return of -5.16% during the tenure [2]

Core Points - Shen Gong Co., Ltd. experienced a stock price increase of 5.06%, reaching 75.51 CNY per share, with a trading volume of 626 million CNY and a turnover rate of 5.03%, resulting in a total market capitalization of 12.86 billion CNY [1] - The company, established on July 24, 2013, and listed on February 21, 2020, specializes in the research, production, and sales of semiconductor-grade single crystal silicon materials [1] Business Overview - The main revenue composition of Shen Gong Co., Ltd. includes silicon components at 53.86% and large diameter silicon materials at 44.37%, with specific breakdowns of over 16 inches at 24.07% and under 16 inches at 20.30%, while semiconductor large-size silicon wafers account for 1.44% and others for 0.33% [1] Shareholder Information - Among the top ten circulating shareholders, a fund under Huaxia Fund has entered the list, specifically the Huaxia SSE Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme ETF (588170), which acquired 771,000 shares, representing 0.45% of circulating shares [2] - The Huaxia SSE Sci-Tech Innovation Board ETF has a current scale of 2.79 billion CNY and has achieved a return of 45.77% since its inception on March 24, 2025 [2] - The fund manager, Yang Siqi, has been in the position for 1 year and 156 days, overseeing a total fund asset scale of 11.54 billion CNY, with the best fund return during the tenure being 51.66% and the worst being -3.79% [2]

Core Insights - Zhongke Feimeasure (688361.SH) reported its Q3 2025 results, revealing that 135 institutional investors hold a total of 200 million shares, representing 62.10% of the company's total equity [1] - The top ten institutional investors collectively own 46.49% of the shares, with a slight decrease of 1.34 percentage points from the previous quarter [1] Institutional Holdings - In the latest period, 48 public funds increased their holdings, accounting for 3.96% of the total, with notable funds including Yongying Semiconductor Industry Selected Mixed Fund A and Huaxia SSE Sci-Tech Innovation Board Semiconductor Materials Equipment Theme ETF [2] - Conversely, 38 public funds reduced their holdings, representing a decrease of 1.38%, with significant funds like Yinhua Integrated Circuit Mixed Fund A and Harvest SSE Sci-Tech Innovation Board Chip ETF among them [2] - A total of 31 new public funds disclosed their holdings, including Kexin Semiconductor and Southern Changyuan Convertible Bond Fund A [2] - 428 public funds did not disclose their holdings in the current period, including Southern CSI 500 ETF and Guolian An Semiconductor ETF [2] Insurance Holdings - One insurance company, China Life Insurance Co., Ltd., reported a slight decrease in holdings, indicating a minor reduction in investment [2]

Group 1 - The core point of the news is that Huahai Chengke (688535.SH) reported its Q3 2025 results, revealing that institutional investors hold a total of 16.1675 million shares, accounting for 20.03% of the total share capital, with a slight decrease of 0.35 percentage points compared to the previous quarter [1] - A total of 8 institutional investors disclosed their holdings in Huahai Chengke, including notable entities such as Lianyungang Deyufeng Investment Partnership and Tian Shui Huatian Technology Co., Ltd [1] - Among public funds, there was a slight increase in holdings from one fund, Fangzheng Fubang Technology Innovation A, while 67 public funds were not disclosed in the current period, including several ETFs focused on semiconductor materials and equipment [1] Group 2 - The only new disclosure from social security funds is the National Social Security Fund 602 Portfolio, which has reported its holdings in Huahai Chengke [2]

Core Insights - Neike Equipment (688419.SH) reported its Q3 2025 results, revealing that as of October 27, 2025, seven institutional investors held a total of 29.953 million shares, representing 26.15% of the company's total equity [1] Institutional Holdings - The total institutional holding percentage decreased by 0.19 percentage points compared to the previous quarter [1] - Notable institutional investors include Tongling Songbao Intelligent Equipment Co., Ltd., Anhui Tuo Ling Investment Co., Ltd., J.P. Morgan Securities PLC, Barclays Bank PLC, and others [1] Public Fund Activity - One public fund, the Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials Equipment Theme ETF, increased its holdings by 0.20% compared to the last period [1] - One new public fund disclosed its holdings this period, namely the Yimin Dividend Growth Mixed Fund [1] - A total of 67 public funds did not disclose their holdings this quarter, including notable funds such as Guotou Ruijin Shanghai Stock Exchange Sci-Tech Innovation Board Comprehensive Price Index Enhanced A and others [1]

Core Viewpoint - The market is experiencing a significant influx of funds into equity ETFs, indicating strong investor confidence ahead of the holiday period [1][3][4] Fund Inflows - Since September 23, equity ETFs have reversed a previous trend of net outflows, showing sustained net inflows [1] - On September 26, the net subscription amount for equity ETFs reached a record high of 22.2 billion, marking the largest single-day inflow in over five months [1] - On September 29, another substantial inflow occurred, with net subscriptions for equity ETFs totaling 12.2 billion, driven primarily by ETFs tracking the CSI A500 index, which attracted 7.5 billion [3] Weekly Trends - Over the week leading up to the holiday (September 23 to September 29), total net inflows into equity ETFs exceeded 52 billion, indicating a clear trend of "bottom-fishing" or strategic positioning [3] - Specific products such as the Fortune CSI A500 ETF and Huatai-PB CSI A500 ETF saw significant net subscriptions of 5.7 billion and 4.3 billion respectively, reflecting strong interest in emerging broad-based indices [3] Market Sentiment - The continuous inflow of funds has led to several ETFs reaching historical highs in share size, indicating growing investor confidence [4] - Analysts suggest that the trend of holding stocks through the holiday reflects a broader consensus among institutional and individual investors regarding the long-term value of A-shares [4] - The influx of funds through ETFs, known for their diversified investment and high transparency, is expected to stabilize market sentiment and build momentum for post-holiday performance [4]

Core Viewpoint - Shengmei Semiconductor Equipment (Shanghai) Co., Ltd. has shown a significant increase in stock price, reflecting positive market sentiment and potential growth in the semiconductor equipment sector [1] Company Overview - Shengmei Semiconductor Equipment was established on May 17, 2005, and went public on November 18, 2021. The company is located in the China (Shanghai) Free Trade Zone and specializes in the research, development, production, and sales of semiconductor equipment. The revenue composition is 99.72% from product sales and 0.28% from services [1] Stock Performance - On September 26, Shengmei Shanghai's stock rose by 5.26%, reaching a price of 192.99 CNY per share, with a trading volume of 472 million CNY and a turnover rate of 0.57%. The total market capitalization stands at 85.165 billion CNY [1] Shareholder Insights - Among the top ten circulating shareholders, the Huaxia Fund holds a position in Shengmei Shanghai. The Huaxia SSE STAR 50 ETF (588000) reduced its holdings by 59,500 shares in Q2, now holding 4.8937 million shares, which is 1.12% of the circulating shares. The estimated floating profit today is approximately 47.175 million CNY [2] Fund Performance - The Huaxia SSE STAR 50 ETF (588000) has a total asset size of 83.343 billion CNY and has achieved a year-to-date return of 48.41%, ranking 842 out of 4220 in its category. Over the past year, the return is 121.18%, ranking 209 out of 3824 [2] Fund Manager Profiles - The fund manager for the Huaxia SSE STAR 50 ETF is Rong Ying, who has been in the position for 9 years and 328 days, managing assets totaling 138.288 billion CNY, with the best return during his tenure being 129.49% [3] - Zhao Zongting, another fund manager, has been in the role for 8 years and 165 days, overseeing assets of 389.148 billion CNY, with a best return of 120.09% during his tenure [3] Top Holdings - The Huaxia SSE STAR Semiconductor Materials and Equipment Theme ETF (588170) holds 88,400 shares of Shengmei Shanghai, representing 4% of the fund's net value, ranking it as the tenth largest holding. The estimated floating profit today is around 852,300 CNY [4] Additional Fund Information - The Huaxia SSE STAR Semiconductor Materials and Equipment Theme ETF (588170) was established on March 24, 2025, with a current size of 252 million CNY and a return of 47.46% since inception [4]