Group 1 - The core point of the news is that Jinqiao Information's stock price has dropped by 5.04%, currently trading at 18.46 CNY per share, with a total market capitalization of 6.745 billion CNY [1] - Jinqiao Information, established on August 17, 1994, and listed on May 28, 2015, specializes in smart scene solutions, smart building solutions, and big data and cloud platform services [1] Group 2 - Huayi Fund's Huayi Media Internet Mixed A (001071) has entered the top ten circulating shareholders of Jinqiao Information, holding 5.7334 million shares, accounting for 1.57% of circulating shares, with an estimated floating loss of approximately 5.6187 million CNY [2] - The fund has achieved a return of 36.2% this year, ranking 1820 out of 8184 in its category, and a return of 76.31% over the past year, ranking 977 out of 7971 [2] Group 3 - Huayi Advanced Manufacturing Mixed Initiated A (020428) has reduced its holdings in Jinqiao Information by 27,500 shares, now holding 63,300 shares, which constitutes 7.08% of the fund's net value, with an estimated floating loss of about 62,000 CNY [4] - The fund has a total asset scale of 141.109 million CNY and has achieved a return of 23.93% since its inception [4]

Core Insights - The best-performing fund managed by manager Xiong Zheying in Q2 2025 is the Huaan Advanced Manufacturing Mixed Initiation A (020428), with a quarterly net value increase of 10.92% [1] Fund Performance Summary - Huaan Low Carbon Life Mixed A: - Scale: 10.17 billion - Annualized Return: 16.40% - Q2 2025 Increase: -0.47% - Top Holding: Kuaishou-W - White Net Value Ratio: 4.58% [2] - Huaan Low Carbon Life Mixed C: - Scale: 4.66 billion - Annualized Return: 9.72% - Q2 2025 Increase: -0.62% - Top Holding: Kuaishou-W - White Net Value Ratio: 4.58% [2] - Huaan New Energy Theme Mixed A: - Scale: 0.70 billion - Annualized Return: -8.15% - Q2 2025 Increase: 8.05% - Top Holding: CATL - White Net Value Ratio: 5.95% [2] - Huaan Advanced Manufacturing Mixed Initiation A: - Scale: 0.19 billion - Annualized Return: 17.38% - Q2 2025 Increase: 10.92% - Top Holding: Jinqiao Information - White Net Value Ratio: 7.08% [2] - Huaan New Energy Theme Mixed C: - Scale: 0.07 billion - Annualized Return: -8.71% - Q2 2025 Increase: 7.88% - Top Holding: CATL - White Net Value Ratio: 5.95% [2] - Huaan Advanced Manufacturing Mixed Initiation C: - Scale: 0.04 billion - Annualized Return: 16.94% - Q2 2025 Increase: 10.81% - Top Holding: Jinqiao Information - White Net Value Ratio: 7.08% [2] Stock Adjustment Cases - Notable stock adjustments include: - Jinhua Technology: - Buy Quarter: Q2 2021 - Sell Quarter: Q3 2021 - Company Performance Growth: 58.92% - Estimated Return: 105.28% [3][5] - Defang Nano: - Buy Quarter: Q3 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 355.30% - Estimated Return: 90.65% [3][6] - Zhongxin International: - Buy Quarter: Q3 2024 - Sell Quarter: Q4 2024 - Company Performance Growth: 27.72% - Estimated Return: 88.67% [3] - Tongwei Co.: - Buy Quarter: Q2 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 217.34% - Estimated Return: 52.80% [3] - Suotong Development: - Buy Quarter: Q2 2022 - Sell Quarter: Q3 2022 - Company Performance Growth: 105.12% - Estimated Return: 44.90% [3] - Sunshine Power: - Buy Quarter: Q2 2022 - Sell Quarter: Q3 2022 - Company Performance Growth: 127.04% - Estimated Return: 43.74% [3] Underperforming Stock Adjustments - Notable underperforming stock adjustments include: - Wentai Technology: - Buy Quarter: Q4 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 10.15% - Estimated Return: -43.56% [4][7] - Xinlang Micro: - Buy Quarter: Q3 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 158.77% - Estimated Return: -40.91% [4] - Beijing Junzheng: - Buy Quarter: Q3 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 2.61% - Estimated Return: -39.11% [4] - Wanye Enterprise: - Buy Quarter: Q4 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 31.56% - Estimated Return: -28.27% [4] - Changchuan Technology: - Buy Quarter: Q4 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 111.32% - Estimated Return: -27.37% [4]