Group 1 - Nobon Co., Ltd. experienced a stock price increase of 5.01%, reaching 19.30 CNY per share, with a trading volume of 87.87 million CNY and a turnover rate of 2.67%, resulting in a total market capitalization of 3.426 billion CNY [1] - The company, established on November 27, 2002, and listed on February 22, 2017, specializes in the research, production, and sales of differentiated and personalized water-jet non-woven materials and disposable hygiene products, with its main business revenue composition being 69.51% from water-jet non-woven materials and 29.11% from other products [1] Group 2 - Among the top ten circulating shareholders of Nobon Co., Ltd., a fund under Southern Fund holds a significant position. The Southern Performance Growth Mixed A Fund (202003) reduced its holdings by 614,500 shares in the third quarter, now holding 5.5821 million shares, which accounts for 3.14% of the circulating shares [2] - The Southern Performance Growth Mixed A Fund (202003) was established on November 16, 2006, with a current scale of 4.4 billion CNY. Year-to-date returns are 17.5%, ranking 4875 out of 8147 in its category, while the one-year return is 17.92%, ranking 4041 out of 8056 [2]

Core Insights - In the third quarter of 2025, Innotech (688253.SH) reported that a total of 9 institutional investors disclosed holdings in its A-shares, amounting to 62.69 million shares, which represents 45.77% of Innotech's total share capital [1] - The proportion of shares held by institutional investors increased by 1.51 percentage points compared to the previous quarter [1] Group 1: Institutional Holdings - A total of 9 institutional investors hold shares in Innotech, with a combined holding of 62.69 million shares [1] - The institutional investors include various management centers and investment firms, indicating a diverse range of institutional interest [1] - The increase in institutional holdings suggests growing confidence in Innotech's performance [1] Group 2: Public Fund Holdings - One public fund, the Medical Device ETF, increased its holdings by 0.20% compared to the previous period [2] - A total of 78 public funds did not disclose their holdings in this period, including notable funds such as CITIC Securities Excellence Growth A and Southern Value One-Year Holding Mixed A [2] - The lack of disclosure from a significant number of public funds may indicate a cautious approach towards investment in Innotech [2]

Group 1 - The core point of the news is that Lizhu Group (000513.SZ) reported its Q3 2025 results, highlighting significant institutional investor interest with a total of 3.02 billion shares held by 10 institutions, representing 33.44% of the total share capital [1] - The top ten institutional investors include Health元药业集团股份有限公司, Hong Kong Central Clearing Limited, and others, with their combined holding ratio increasing by 0.01 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was a slight increase in holdings from one public fund, while two public funds reduced their holdings by 0.27% [2] - The social security fund saw an increase in holdings from one fund, while one pension fund was no longer disclosed [2] - Foreign investment sentiment showed an increase in holdings from one foreign fund, with a rise of 0.33% [2]