Core Insights - Miaowei Exhibition (300795.SZ) released its Q3 2025 report, indicating a total of 4 institutional investors holding shares, amounting to 9.8998 million shares, which represents 3.31% of the total share capital [1] - The institutional holding ratio decreased by 1.32 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Taicang Yangtze River Delta Equity Investment Center (Limited Partnership), China Construction Bank Corporation Enterprise Annuity Plan - Industrial and Commercial Bank of China, Industrial and Commercial Bank of China - Harvest Theme New Power Mixed Securities Investment Fund, and Guangdong Province No. 5 Occupational Annuity Plan - Construction Bank [1] - The total institutional holding ratio is now at 3.31% [1] Public Funds - One public fund, Harvest Theme New Power Mixed Fund, reduced its holdings slightly compared to the previous quarter [1] - A total of 52 public funds that did not disclose holdings this quarter include notable funds such as Huaxia Stable Growth Mixed, Harvest Leading Growth Mixed, Harvest Advantage Growth Mixed A, Chang'an Xinyue Consumption Mixed A, and Huaxia Return Mixed A [1]

Core Viewpoint - Junting Hotel (301073.SZ) reported its Q3 2025 results, highlighting changes in institutional and public fund holdings, with a notable decrease in institutional ownership compared to the previous quarter [1] Institutional Investors - As of October 24, 2025, three institutional investors disclosed holdings in Junting Hotel A-shares, totaling 2.9389 million shares, which represents 1.51% of the total share capital [1] - The institutional ownership decreased by 1.20 percentage points compared to the previous quarter [1] Public Funds - Two public funds increased their holdings during this period, specifically the Fortune China Tourism ETF and the Huaxia China Tourism ETF, with an increase in holdings accounting for 0.32% [1] - A total of 74 public funds did not disclose their holdings this quarter, including notable funds such as Huaxia Return Mixed A and Penghua Quality Governance Mixed (LOF) A [1] Insurance Capital - One insurance capital entity increased its holdings, namely the Xinhua Asset Management - Industrial Bank - Xinhua Asset - Minghui No. 2 Asset Management Product, with an increase accounting for 0.1% [1]

Group 1 - Kanyuan Pharmaceutical (600557.SH) released its 2024 annual report on April 3, 2025, indicating that 125 institutional investors disclosed holding A-shares, totaling 292 million shares, which accounts for 50.25% of the total share capital [1] - The top ten institutional investors include Jiangsu Kanyuan Group Co., Ltd., Lianyungang Kangbeier Medical Equipment Co., Ltd., Central Huijin Asset Management Co., Ltd., and others, with a combined holding ratio of 47.38%, showing a decrease of 1.85 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, five funds reported a decrease in holdings compared to the previous quarter, with a total reduction of 1.49% [2] - A total of 111 new public funds were disclosed this period, including funds such as Rongtong Health Industry Flexible Allocation Mixed A/B and Southern CSI 1000 ETF [2] - Four public funds were not disclosed this period, including various funds under the Fangzheng Fubang brand [2]