Core Viewpoint - Wangbian Electric (603191.SH) reported its Q3 2025 results, indicating a decrease in institutional investor holdings compared to the previous quarter [1] Institutional Holdings - As of October 29, 2025, two institutional investors disclosed holdings in Wangbian Electric A-shares, totaling 4.7652 million shares, which represents 1.43% of the total share capital [1] - The institutional holding ratio decreased by 0.21 percentage points compared to the previous quarter [1] Public Fund Holdings - One new public fund was disclosed in this period, namely the Southern Quantitative Growth Stock [1] - A total of 39 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Bosera Specialized New Theme Mixed A, China Merchants CSI 2000 Index Enhanced A, and Guotai Junan Quantitative Multi-Factor A [1]

Core Insights - Inse Group (300781.SZ) released its Q3 2025 financial report, revealing that as of October 28, 2025, four institutional investors held a total of 31.19 million shares, representing 19.00% of the company's total equity [1] - The institutional ownership decreased by 1.18 percentage points compared to the previous quarter [1] - A total of 24 public funds were disclosed this period, including notable funds such as E Fund CSI Wan De M&A Index (LOF) and CITIC Securities Smart IoT A [1] - Foreign investment sentiment showed a slight increase, with one foreign fund, Hong Kong Central Clearing Limited, increasing its holdings [1]

Group 1 - The core viewpoint of the article is that NAIKE Equipment (688419.SH) has reported its semi-annual results for 2025, highlighting the current institutional investor holdings and changes in share ownership [1] - As of August 15, 2025, a total of 4 institutional investors disclosed their holdings in NAIKE Equipment A-shares, with a combined holding of 21.16 million shares, accounting for 25.81% of the total share capital [1] - The institutional investor group includes Tongling Songbao Intelligent Equipment Co., Ltd., Anhui TuoLing Investment Co., Ltd., Guoyuan Innovation Investment Co., Ltd., and Southern Quantitative Growth Fund, with a total institutional holding ratio decreasing by 0.86 percentage points compared to the previous quarter [1] Group 2 - In terms of public funds, there was one new disclosure of a public fund in this period, specifically the Southern Quantitative Growth Fund [1]