Company Overview - Zhongneng Electric Co., Ltd. is located in Fuzhou, Fujian Province, established on December 2, 2002, and listed on March 19, 2010. The company specializes in the development, manufacturing, and sales of power cable distribution systems related to voltage levels of 35kV and below [1]. Business Segmentation - The main revenue composition of Zhongneng Electric includes: - Smart grid products: 87.99% - Power construction services: 8.41% - Photovoltaic power generation services: 2.18% - Other (supplementary): 1.42% [1]. Stock Performance - On November 17, Zhongneng Electric's stock fell by 5.08%, trading at 11.02 CNY per share, with a transaction volume of 759 million CNY and a turnover rate of 17.25%. The total market capitalization is 6.145 billion CNY [1]. Shareholder Information - Among the top ten circulating shareholders of Zhongneng Electric, one fund from Huaxia Fund, Huaxia CSI 500 Index Enhanced A (007994), has recently entered the list, holding 2.7408 million shares, which accounts for 0.71% of the circulating shares. The estimated floating loss today is approximately 1.617 million CNY [2]. Fund Performance - Huaxia CSI 500 Index Enhanced A (007994) was established on March 25, 2020, with a latest scale of 3.308 billion CNY. Year-to-date return is 27.86%, ranking 1877 out of 4216 in its category; the one-year return is 24.62%, ranking 1679 out of 3956; and since inception, the return is 135.91% [2]. Fund Management - The fund manager of Huaxia CSI 500 Index Enhanced A is Sun Meng, who has been in the position for 5 years and 247 days. The total asset size of the fund is 16.118 billion CNY, with the best fund return during the tenure being 136.83% and the worst being 22.53% [3].

Group 1 - The core point of the news is that Zhongneng Electric experienced a stock price increase of 5.22%, reaching 11.49 CNY per share, with a trading volume of 1.119 billion CNY and a turnover rate of 26.92%, resulting in a total market capitalization of 6.407 billion CNY [1] - Zhongneng Electric, established on December 2, 2002, and listed on March 19, 2010, is located in Fuzhou, Fujian Province. The company specializes in the development, manufacturing, and sales of power cable distribution systems related to voltage levels of 35kV and below [1] - The main revenue composition of Zhongneng Electric includes: 87.99% from smart grid products, 8.41% from power construction services, 2.18% from photovoltaic power generation services, and 1.42% from other supplementary services [1] Group 2 - Among the top ten circulating shareholders of Zhongneng Electric, a fund under Huaxia Fund, specifically Huaxia CSI 500 Index Enhanced A (007994), has newly entered the list in the third quarter, holding 2.7408 million shares, which accounts for 0.71% of the circulating shares [2] - The estimated floating profit for Huaxia CSI 500 Index Enhanced A (007994) today is approximately 1.5622 million CNY [2] - The fund was established on March 25, 2020, with a latest scale of 3.308 billion CNY. Year-to-date returns are 29.16%, ranking 1951 out of 4216 in its category, while the one-year return is 23.07%, ranking 1722 out of 3955 [2]

Group 1 - XinYuan Intelligent Manufacturing (600615.SH) released its Q3 2025 report on October 31, 2025, indicating that three institutional investors disclosed holdings in the company, totaling 77.66 million shares, which accounts for 34.42% of the total share capital [1] - The institutional investors include Dongfang Xinyuan Group Co., Ltd., Chongqing International Trust Co., Ltd. - Xingguo No. 1 Collective Fund Trust Plan, and Chongqing International Trust Co., Ltd. - Hongrui No. 1 Collective Fund Trust Plan, with a combined holding ratio of 34.42% [1] - Compared to the previous quarter, the total institutional holding ratio decreased by 3.65 percentage points [1] Group 2 - In the public fund sector, 45 public funds were disclosed this period, including Jin Ying Hengrun Bond Initiation A, Nuoan Multi-Strategy Mixed A, and others [1]

Group 1 - The core point of the news is that Shanshi Network Technology (688030.SH) reported its Q3 2025 results, revealing significant institutional investor activity with 11 institutions holding a total of 75.54 million shares, representing 41.91% of the total share capital [1] - Among the top ten institutional investors, the combined holding ratio decreased by 3.11 percentage points compared to the previous quarter, indicating a potential shift in investor sentiment [1] - The top ten institutional investors include notable firms such as Shenzhou Cloud Technology, 360 Digital Security Group, and Yixing Guangkong Investment, collectively holding 41.90% of the shares [1] Group 2 - In the public fund sector, two funds increased their holdings compared to the previous period, with a total increase of 0.10% [2] - Two new public funds disclosed their holdings this quarter, including GF SSE Sci-Tech Innovation Board 100 Enhanced Strategy ETF and CITIC Securities CSI 1000 Enhanced A [2] - A total of 80 public funds did not disclose their holdings this quarter, including several notable funds such as Huaxia CSI 500 Enhanced A and Morgan Stanley Multi-Factor Strategy Mixed Fund [2]

Core Insights - The report indicates that as of October 29, 2025, institutional investors hold a total of 117 million shares of Weisaibo (688718.SH), representing 67.06% of the company's total equity, with a slight decrease of 0.69 percentage points from the previous quarter [1] Institutional Holdings - Three institutional investors disclosed their holdings in Weisaibo, including Weisaibo Environmental Materials Holdings Limited, Shanghai Huajia Enterprise Management Partnership (Limited Partnership), and Shanghai Jingri Enterprise Management Partnership (Limited Partnership) [1] - The total institutional holding percentage has decreased by 0.69 percentage points compared to the last quarter [1] Public Fund Activity - A total of 54 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Huaxia CSI 500 Index Enhanced A, Guotai SSE STAR Market Comprehensive ETF, and Huaxia Smart Vanguard Stock (LOF) A [1] Foreign Investment - One new foreign institutional investor disclosed its holdings this quarter, which is Weisaibo Environmental Materials Holdings Limited [1] - The same foreign institutional investor was not disclosed in the previous quarter [1]

Core Viewpoint - Xinguang Pharmaceutical (300519.SZ) reported its Q3 2025 results, highlighting a decrease in institutional investor holdings and a stable presence of public funds and foreign investments [1] Institutional Holdings - As of October 27, 2025, three institutional investors disclosed holdings in Xinguang Pharmaceutical, totaling 26.0257 million shares, which represents 16.27% of the company's total equity [1] - The institutional holding percentage decreased by 2.47 percentage points compared to the previous quarter [1] Public Fund Activity - In this reporting period, 52 public funds were disclosed, including notable funds such as Jinyuan Shun'an Yuanqi Flexible Allocation Mixed Fund and Huaxia CSI 500 Index Enhanced A [1] Social Security Fund - One new social security fund was disclosed, specifically the招商基金管理有限公司-社保基金1903组合 [1] Foreign Investment - One new foreign institution disclosed holdings, namely 中信证券资产管理(香港)有限公司-客户资金-人民币资金汇入, while BARCLAYS BANK PLC was not disclosed in this period [1]

Core Insights - Yanpai Co., Ltd. (301081.SZ) released its Q3 2025 report on October 28, 2025, indicating that institutional investors hold a total of 125 million shares, accounting for 54.97% of the company's total equity [1] Institutional Holdings - As of October 27, 2025, six institutional investors disclosed their holdings in Yanpai Co., Ltd., with a combined shareholding of 125 million shares, representing 54.97% of the total equity [1] - The institutional investors include Tian Tai Southwest Investment Management Co., Ltd., Tian Tai Youfeng Investment Consulting Management Co., Ltd., Tian Tai Fengxi Investment Partnership (Limited Partnership), Hangzhou Jiuhu Investment Management Partnership (Limited Partnership), Zhejiang Yinlun Machinery Co., Ltd., and a collective asset management plan from China Merchants Securities Asset Management [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 1.87 percentage points [1] Public Fund Holdings - In this reporting period, 35 public funds were not disclosed compared to the previous quarter, including notable funds such as CITIC Prudential Multi-Strategy Mixed (LOF) A, Nuon Multi-Strategy Mixed A, and Huaxia CSI 500 Index Enhanced A [1]

Core Points - The stock price of Shenda Co., Ltd. dropped by 5.13% to 5.36 CNY per share, with a trading volume of 215 million CNY and a turnover rate of 3.52%, resulting in a total market capitalization of 7.079 billion CNY [1] Company Overview - Shenda Co., Ltd. is located at 1500 Jiangning Road, Shanghai, and was established on December 11, 1986, with its listing date on January 7, 1993. The company primarily engages in textile import and export as well as industrial textile business [1] - The revenue composition of Shenda Co., Ltd. is as follows: 78.03% from manufacturing, 22.46% from trade services, 0.14% from leasing income, and 0.10% from headquarters and property [1] Shareholder Information - Among the top ten circulating shareholders of Shenda Co., Ltd., one fund under Huaxia Fund, the Huaxia CSI 500 Index Enhanced A (007994), has newly entered the list in the second quarter, holding 7.415 million shares, which accounts for 0.67% of the circulating shares. The estimated floating loss today is approximately 2.1504 million CNY [2] - The Huaxia CSI 500 Index Enhanced A (007994) was established on March 25, 2020, with a latest scale of 3.135 billion CNY. Year-to-date returns are 25.16%, ranking 1994 out of 4218 in its category; the one-year return is 27.17%, ranking 1530 out of 3875; and since inception, the return is 130.92% [2]

Core Insights - Future Electric experienced a stock price increase of 5.21%, reaching 26.06 CNY per share, with a trading volume of 158 million CNY and a turnover rate of 14.63%, resulting in a total market capitalization of 3.648 billion CNY [1] Company Overview - Suzhou Future Electric Co., Ltd. is located in Jiangsu Province, Suzhou City, and was established on September 3, 2001. The company went public on March 29, 2023. Its main business involves the research, production, and sales of low-voltage electrical accessories [1] - The revenue composition of Future Electric includes: 39.10% from molded case circuit breaker accessories, 30.98% from smart terminal electrical products, 26.37% from frame circuit breaker accessories, 2.20% from other supplementary products, and 1.35% from other auxiliary finished products [1] Shareholder Information - Among the top ten circulating shareholders of Future Electric, one fund from Huaxia Fund is notable. The Huaxia CSI 500 Index Enhanced A (007994) fund entered the top ten circulating shareholders in the third quarter, holding 437,700 shares, which accounts for 1.02% of the circulating shares. The estimated floating profit for today is approximately 564,600 CNY [2] - The Huaxia CSI 500 Index Enhanced A fund was established on March 25, 2020, with a current scale of 3.135 billion CNY. Year-to-date returns are 24.5%, ranking 2042 out of 4218 in its category; the one-year return is 26.77%, ranking 1592 out of 3875; and since inception, the return is 129.7% [2]

Group 1 - The core point of the news is that Shenda Co., Ltd. experienced a stock price increase of 5.27%, reaching 5.59 CNY per share, with a trading volume of 286 million CNY and a turnover rate of 4.76%, resulting in a total market capitalization of 7.383 billion CNY [1] - Shenda Co., Ltd. is located at 1500 Jiangning Road, Shanghai, and was established on December 11, 1986, with its listing date on January 7, 1993. The company's main business involves textile import and export as well as industrial textiles [1] - The revenue composition of Shenda Co., Ltd. is as follows: manufacturing accounts for 78.03%, trade services for 22.46%, rental income for 0.14%, and headquarters and property for 0.10% [1] Group 2 - Among the top ten circulating shareholders of Shenda Co., Ltd., one fund under Huaxia Fund has entered the list, specifically the Huaxia CSI 500 Index Enhanced A (007994), which holds 7.415 million shares, representing 0.67% of the circulating shares [2] - The Huaxia CSI 500 Index Enhanced A (007994) was established on March 25, 2020, with a latest scale of 3.135 billion CNY. Year-to-date returns are 25.04%, ranking 2054 out of 4218 in its category; the one-year return is 28.25%, ranking 1610 out of 3869; and since inception, the return is 130.69% [2] - The fund manager of Huaxia CSI 500 Index Enhanced A (007994) is Sun Meng, who has been in the position for 5 years and 221 days, with a total fund asset size of 10.461 billion CNY. The best fund return during his tenure is 127.98%, while the worst is 18.79% [2]