Core Points - Jinling Mining experienced a decline of 5.01% on November 18, with a stock price of 9.86 CNY per share and a trading volume of 1.04 billion CNY, resulting in a total market capitalization of 58.70 billion CNY [1] - The company, established on September 28, 1996, and listed on November 28, 1996, primarily engages in iron ore mining and the production and sale of iron concentrate, copper concentrate, cobalt concentrate, and pellet ore [1] - The revenue composition of Jinling Mining includes iron concentrate at 76.99%, pellets at 9.03%, other (supplementary) at 8.46%, copper concentrate at 5.10%, and mechanical processing at 0.41% [1] Shareholder Insights - Among the top circulating shareholders of Jinling Mining, one fund under Huaxia Fund, Huaxia Excellent Growth Mixed A (024928), entered the top ten in the third quarter, holding 3.3261 million shares, which accounts for 0.56% of the circulating shares [2] - The estimated floating loss for this fund today is approximately 1.7296 million CNY [2] Fund Performance - Huaxia Excellent Growth Mixed A (024928) was established on August 12, 2025, with a current size of 9.56 billion CNY and a cumulative return of 11.89% since inception [3] - The fund manager, Zhong Shuai, has been in position for 5 years and 115 days, managing assets totaling 13.26 billion CNY, with the best fund return during his tenure being 172.61% and the worst being -4.15% [4]

Core Viewpoint - Jinli Technology (002869.SZ) reported an increase in institutional ownership, with a total of 44.48 million shares held by six institutional investors, representing 24.77% of the total share capital, marking a 6.25 percentage point increase from the previous quarter [1] Institutional Investors - Six institutional investors disclosed their holdings in Jinli Technology, with a combined ownership of 44.48 million shares, accounting for 24.77% of the total share capital [1] - The institutional ownership increased by 6.25 percentage points compared to the previous quarter [1] Public Funds - Two new public funds disclosed their holdings in the current period, including Huaxia Industry Prosperity Mixed A and Huaxia Excellent Growth Mixed A [1] - A total of 26 public funds that were previously disclosed did not report their holdings this quarter, including Huashang Advantage Industry Mixed A and others [1] Social Security Funds - One new social security fund disclosed its holdings in Jinli Technology, specifically the Huaxia Fund Management Co., Ltd. - Social Security Fund 422 Combination [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings in Jinli Technology by 1.10% compared to the previous period [1]

Core Insights - Xiling Power (300733.SZ) reported its Q3 2025 results, revealing that as of October 26, 2025, seven institutional investors held a total of 24.3061 million A-shares, accounting for 7.95% of the total share capital, which represents a decrease of 0.50 percentage points compared to the previous quarter [1] Institutional Holdings - The total institutional holding in Xiling Power decreased by 0.50 percentage points from the previous quarter [1] - One public fund, Huaxia Industry Prosperity Mixed A, reduced its holdings by 1.20% compared to the last quarter [1] - A total of 75 public funds did not disclose their holdings this quarter, including notable funds such as Huaxia Vision Growth One-Year Holding Mixed A and E Fund Emerging Growth Mixed [1] Social Security Fund and Insurance Capital - One social security fund, Huaxia Fund Management Co., Ltd. - Social Security Fund 422 Combination, saw a slight decrease in holdings [2] - Two insurance capital entities increased their holdings, including Front Sea Life Insurance Co., Ltd. - Dividend Insurance Product Huatai Combination, with an increase of 1.3% [2] - One new insurance investor disclosed this quarter, Front Sea Life Insurance Co., Ltd. - Proprietary Funds [2]