Core Viewpoint - Hongsheng Co., Ltd. (603090.SH) reported its Q3 2025 results, highlighting an increase in institutional investor holdings, which indicates growing confidence in the company's stock [1] Institutional Holdings - As of October 30, 2025, five institutional investors disclosed holdings in Hongsheng Co., Ltd., totaling 6.53 million shares, which represents 6.53% of the company's total share capital [1] - The institutional investor group includes Beijing Kunkai Private Fund Management Co., Ltd., Zhongke Investment Management Group Co., Ltd., and Jiangyin Milidu Private Fund Management Partnership, among others [1] - Compared to the previous quarter, the total institutional holding percentage increased by 1.55 percentage points [1] Public Fund Holdings - In this reporting period, 34 public funds were disclosed, with notable funds including Nuoan Multi-Strategy Mixed A, Huian Multi-Strategy Mixed A, and China Asset Flexible Allocation Mixed A [1]

Core Viewpoint - Hengji Daxin (002492.SZ) reported its Q3 2025 results, highlighting a significant institutional investment presence with 43.08% of total shares held by four institutional investors, indicating growing confidence in the company [1] Institutional Holdings - As of October 29, 2025, four institutional investors disclosed holdings in Hengji Daxin A-shares, totaling 174 million shares, which represents 43.08% of the company's total equity [1] - The institutional holding percentage increased by 0.24 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 21 public funds were disclosed, which were not reported in the previous quarter, including notable funds such as Everbright Prudent Quantitative Stock A and Huaxia Ruipan Taili Mixed A [1]

Core Insights - Ningbo Zhongbai (600857.SH) reported its Q3 2025 results on October 30, 2025, highlighting significant institutional investment [1] Institutional Holdings - As of October 29, 2025, two institutional investors disclosed holdings in Ningbo Zhongbai A-shares, totaling 45.6932 million shares, which represents 20.37% of the company's total equity [1] - The institutional investors include Tibet Zetian Investment Development Co., Ltd. and Hangzhou Jindi Commercial Management Co., Ltd., with a combined institutional holding ratio increase of 4.53 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 14 public funds were disclosed, which were not reported in the previous quarter, including notable funds such as Huaxia Ruipan Taili Mixed A, Huaxia Dingrong Bond A, and Huatai Zijin CSI 1000 Index Enhanced Initiation A [1]

Group 1 - The core viewpoint of the news is that institutional investors have increased their holdings in Chunlan Co., Ltd. (600854.SH), with a total of 1.98 billion shares held, representing 38.20% of the company's total share capital, marking a 0.17 percentage point increase from the previous quarter [1] - Six institutional investors disclosed their holdings, including Chunlan Group, Taizhou Urban Construction Investment Group, Jiangsu Transportation Holding, BERNIE INDUSTRIAL LIMITED, and two mutual funds from major banks [1] - One public fund, Dachen CSI 360 Internet + Index A, increased its holdings, while 33 public funds were not disclosed in the current period, indicating a shift in investment strategies [1] Group 2 - Foreign investment sentiment showed a decrease in holdings from BERNIE INDUSTRIAL LIMITED, which reduced its stake by 0.32% compared to the previous quarter [2]

Core Viewpoint - Shuanghui Development (000895.SZ) reported its Q3 2025 results, highlighting significant institutional investor interest with 64 institutions holding a total of 2.804 billion shares, representing 80.92% of the total share capital [1] Institutional Investors - The top ten institutional investors collectively hold 79.73% of Shuanghui Development's shares, with a slight increase of 0.13 percentage points from the previous quarter [1] Public Funds - In the current period, 20 public funds increased their holdings, with notable funds including Southern S&P China A-share Large Cap Dividend Low Volatility 50 ETF and Huatai-PB CSI 300 ETF, resulting in an increase of 0.31% in holdings [2] - Conversely, 22 public funds reduced their holdings, including funds like E Fund CSI 300 ETF and Huatai-PB CSI 300 ETF, leading to a decrease of 0.19% [2] - There were 15 new public funds disclosed this period, while 524 funds from the previous quarter were not disclosed [2] Insurance Capital - One insurance company, China Life Insurance (Group) Company, increased its holdings, while another, China Life Insurance Co., Ltd., saw a slight decrease in holdings [3] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.41% in the current period [3]

Core Insights - Jule Culture (002247.SZ) released its Q3 2025 report on October 28, 2025, indicating a total of 5 institutional investors holding A-shares, with a combined shareholding of 121 million shares, representing 14.18% of the total share capital [1] - The institutional shareholding ratio decreased by 0.31 percentage points compared to the previous quarter [1] - In the public fund sector, 17 public funds were disclosed this period, including notable funds such as Huaxia Ruipantai Li Mixed A and Pengyang Zhongzheng A500 Index Enhanced A [1] - Foreign investment sentiment showed a decrease in holdings from one foreign fund, BARCLAYS BANK PLC, with a reduction of 0.19% [1]

Group 1 - The core viewpoint of the news is that Xingsheng Zhitong (002355.SZ) reported a decline in institutional investor holdings in its Q3 2025 report, with a total of 1.07 billion shares held by three institutional investors, accounting for 16.04% of the total share capital, down by 2.49 percentage points from the previous quarter [1] Group 2 - Three institutional investors disclosed their holdings, including Sichuan Shengbang Chuangheng Enterprise Management Co., Ltd., Yantai Xingsheng Intelligent Technology Co., Ltd., and Wanjia Fund - Industrial Bank - Wanjia Fund Yinghai Asset Management Plan [1] - In the public fund sector, 14 public funds were not disclosed in this period compared to the previous quarter, including E Fund Yibai Intelligent Quantitative Strategy Mixed A, China Merchants CSI 500 Equal Weight Index Enhanced A, and others [1] Group 3 - From the foreign investment perspective, foreign institutions that were not disclosed in this period compared to the previous quarter include BARCLAYS BANK PLC and Goldman Sachs International - Proprietary Funds [2]

Group 1 - The core viewpoint of the news is that Dailong (002209.SZ) has seen an increase in institutional investor holdings, indicating growing confidence in the company [1] - As of August 21, 2025, 22 institutional investors disclosed holding a total of 37.93 million shares of Dailong, accounting for 19.06% of the total share capital [1] - The top ten institutional investors collectively hold 18.84% of the shares, with their combined holding ratio increasing by 5.07 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two public funds increased their holdings, accounting for 1.34% of the total [2] - A total of 18 new public funds were disclosed compared to the previous quarter, including several notable funds such as Huaxia Ruipan Taili Mixed A and the Southern CSI 500 Quantitative Enhanced Stock Initiation A [2] - One new foreign institution, UBS AG, was disclosed this quarter, while Morgan Stanley & Co. International PLC was not disclosed in the current period [2]