Group 1 - The core point of the news is that Kobotda's stock price increased by 5.41% to 97.70 CNY per share, with a trading volume of 378 million CNY and a turnover rate of 0.99%, resulting in a total market capitalization of 39.457 billion CNY [1] - Kobotda Technology Co., Ltd. is located in the China (Shanghai) Free Trade Pilot Zone and was established on September 12, 2003, with its listing date on October 15, 2019. The company primarily engages in the research, production, and sales of automotive electronic products [1] - The main business revenue composition of Kobotda is 96.77% from automotive parts and 3.23% from other sources [1] Group 2 - From the perspective of fund holdings, Huafu Fund has one fund heavily invested in Kobotda, specifically the Huafu Times Selected Mixed A (016119), which held 48,100 shares in the second quarter, accounting for 3.93% of the fund's net value, ranking as the seventh largest holding [2] - The Huafu Times Selected Mixed A (016119) was established on December 1, 2022, with a latest scale of 58.5449 million CNY. It has achieved a year-to-date return of 31.18%, ranking 2796 out of 8173 in its category, and an annual return of 80.58%, ranking 1258 out of 7996 [2] - The fund managers of Huafu Times Selected Mixed A are Chen Qi and Wang Yiwei, with Chen having a tenure of 5 years and 341 days and a total fund asset scale of 817 million CNY, while Wang has a tenure of 3 years and 332 days with a total fund asset scale of 422 million CNY [2]

Core Insights - The best-performing fund managed by Chen Qi in the second quarter of 2025 is the Huafu Times Selected Mixed A Fund (016119), with a net value increase of 1.84% [1] - Chen Qi has managed two funds, with the Huafu Times Selected Mixed C Fund (016120) showing a slightly lower increase of 1.74% [2] Fund Performance - Huafu Times Selected Mixed A Fund has a scale of 0.59 billion yuan and an annualized return of -4.91% [2] - Huafu Times Selected Mixed C Fund has a scale of 0.10 billion yuan and an annualized return of -5.29% [2] Investment Strategy - During Chen Qi's tenure managing the Huafu Wulian World Flexible Allocation Mixed A Fund (001709), the cumulative return was 75.1% with an average annualized return of 10.27% [2] - The fund had 92 adjustments in heavy stocks, with a win rate of 53.26% [2] Notable Stock Adjustments - Significant stock adjustments include: - Ningde Times: Purchased in Q2 2020, sold in Q1 2023, with an estimated return of 192.52% and a company revenue growth of 696.74% [4] - East Mountain Precision: Purchased in Q2 2024, sold in Q1 2025, with an estimated return of 99.11% and a company revenue growth of 9.27% [4] Underperforming Stocks - Notable underperforming stocks include: - Unisoc Microelectronics: Purchased in Q2 2022, sold in Q3 2024, with an estimated return of -67.26% and a revenue decline of 22.6% [5] - New Yichang: Purchased in Q1 2023, still held, with an estimated return of -59.62% [3]