Group 1 - The core viewpoint of the news is that Zhaori Technology (300333.SZ) reported its Q3 2025 results, highlighting changes in institutional and public fund holdings [1] Group 2 - As of October 27, 2025, five institutional investors disclosed holdings in Zhaori Technology A-shares, totaling 55.7178 million shares, which represents 16.58% of the company's total share capital. This is a decrease of 1.23 percentage points compared to the previous quarter [1] - The public funds that increased their holdings this period include three funds: Huabao CSI Financial Technology Theme ETF, Bosera Financial Technology ETF, and Huaxia CSI Financial Technology Theme ETF, with an increase in holdings accounting for 1.12% [1] - Six public funds that were not disclosed in the current period include CITIC Prudential CSI Information Security Index (LOF) A, Harvest CSI Information Security Theme ETF, and others [1] Group 3 - From the foreign investment perspective, one new foreign institution disclosed this period, J.P. Morgan Securities PLC - proprietary funds. Institutions that were not disclosed in the current period include BARCLAYS BANK PLC, UBS AG, MORGAN STANLEY & CO. INTERNATIONAL PLC, and Goldman Sachs International - proprietary funds [2]