Group 1 - The core point of the news is that Nanfeng Co., Ltd. experienced a decline of 5.08% in its stock price, reaching 10.64 CNY per share, with a trading volume of 169 million CNY and a turnover rate of 3.24%, resulting in a total market capitalization of 5.107 billion CNY [1] - Nanfeng Co., Ltd. is located in Nanhai District, Foshan City, Guangdong Province, and was established on May 24, 1999. The company was listed on October 30, 2009, and its main business involves the research, production, and sales of ventilation and air treatment systems, as well as heavy metal 3D printing technology. The revenue composition is 99.36% from ventilation and air treatment systems and 0.64% from 3D printing services [1] Group 2 - Among the top ten circulating shareholders of Nanfeng Co., Ltd., one fund from Huaxia Fund ranks as a significant shareholder. Huaxia Stable Growth Mixed Fund (519029) entered the top ten circulating shareholders in the third quarter, holding 2.2179 million shares, which accounts for 0.46% of the circulating shares. The estimated floating loss today is approximately 1.2642 million CNY [2] - Huaxia Stable Growth Mixed Fund (519029) was established on August 9, 2006, with a current scale of 1.2 billion CNY. Year-to-date returns are 40.3%, ranking 1621 out of 8140 in its category; the one-year return is 36.08%, ranking 1826 out of 8057; and since inception, the return is 498.81% [2]

Group 1 - The core point of the news is that 博盈特焊 (Boyin Special Welding) experienced a stock price increase of 5.37%, reaching 42.95 CNY per share, with a trading volume of 1.09 billion CNY and a turnover rate of 3.47%, resulting in a total market capitalization of 55.88 billion CNY [1] - The company, established on March 28, 2007, is located in Jiangmen City, Guangdong Province, and was listed on July 24, 2023. Its main business involves the research, production, and sales of anti-corrosion and wear-resistant welding equipment, non-welding boiler components, pressure vessels, and high-end steel structures. The revenue composition is 71.57% from anti-corrosion and wear-resistant welding products and 28.43% from other sources [1] Group 2 - 华夏稳增混合 (Huaxia Stable Growth Mixed Fund) has entered the top ten circulating shareholders of 博盈特焊, holding 2.6496 million shares, which accounts for 3.45% of the circulating shares. The estimated floating profit for today is approximately 5.8026 million CNY [2] - The fund was established on August 9, 2006, with a current scale of 1.2 billion CNY. Year-to-date returns are 41.36%, ranking 1752 out of 8147 in its category, while the one-year return is 34.13%, ranking 1714 out of 8056. Since its inception, the fund has achieved a return of 503.34% [2] Group 3 - The fund manager of 华夏稳增混合 is 彭海伟 (Peng Haiwei), who has a cumulative tenure of 11 years and 302 days. The total asset scale of the fund is 1.314 billion CNY, with the best fund return during his tenure being 95.9% and the worst being -4.6% [3] Group 4 - 华夏稳增混合 holds 博盈特焊 as its second-largest heavy stock, with 2.6496 million shares, representing 5.69% of the fund's net value. The estimated floating profit for today is approximately 5.8026 million CNY [4]

Core Viewpoint - Hanbang High-Tech (300449.SZ) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 93.61 million shares held by two institutional investors, representing 24.25% of the total share capital, a decrease of 0.74 percentage points from the previous quarter [1] Institutional Ownership - As of October 28, 2025, there are two institutional investors holding shares in Hanbang High-Tech, with a combined holding of 93.61 million shares [1] - The total institutional ownership represents 24.25% of Hanbang High-Tech's total share capital [1] - Compared to the previous quarter, the institutional ownership percentage has decreased by 0.74 percentage points [1] Public Fund Disclosure - In this reporting period, 11 public funds were not disclosed compared to the previous quarter [1] - Notable public funds include Huaxia Stable Growth Mixed Fund, Xin'ao Core Technology Mixed A, and E Fund CSI Wind Merger and Acquisition Index (LOF) [1]

Core Viewpoint - Jia Bi You (688089.SH) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 76.58 million shares held by two institutional investors, representing 45.50% of the total share capital, a decrease of 3.71 percentage points from the previous quarter [1] Institutional Ownership - As of October 27, 2025, there are two institutional investors holding shares in Jia Bi You, including Wuhan Xiwang Biological Engineering Co., Ltd. and Ruizhong Life Insurance Co., Ltd. - proprietary funds [1] - The total institutional ownership has decreased by 3.71 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 102 public funds were disclosed, including notable funds such as Huaxia Stable Growth Mixed Fund, Penghua Quality Governance Mixed (LOF) A, and Tianhong CSI Food and Beverage ETF [1] Insurance Capital Changes - There was a slight increase in holdings from insurance capital, with one insurance investor, Ruizhong Life Insurance Co., Ltd. - proprietary funds, increasing its stake [1]

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]

Group 1 - Han Yi Co., Ltd. (301270.SZ) released its Q3 2025 report on October 23, 2025, indicating that as of October 22, 2025, eight institutional investors disclosed holding a total of 26.15% of the company's A-shares, amounting to 26.1479 million shares [1] - The institutional holding percentage decreased by 4.25 percentage points compared to the previous quarter [1] - One new public fund, Huaxia Industry Prosperity Mixed A, was disclosed this period, while 109 public funds were not disclosed compared to the previous quarter [1] Group 2 - J.P. Morgan Securities PLC's proprietary funds were not disclosed in this period compared to the previous quarter [2]