Group 1 - As of April 22, 2025, a total of 166 institutional investors disclosed holdings in Ruida Futures, amounting to 369 million shares, which represents 82.90% of the total share capital [1] - The top ten institutional investors collectively hold 81.71% of the shares, with a slight decrease of 0.28 percentage points compared to the previous quarter [1] - Major institutional investors include Fujian Ruida Holdings, Quanzhou Yunchou Investment, and Hong Kong Central Clearing Limited among others [1] Group 2 - In the public fund sector, 156 new public funds were disclosed this period, including notable funds such as GF Multi-Factor Mixed and Bosera Innovation Economy Mixed A [2] - Two public funds were not disclosed this period, specifically Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [2] - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.50% compared to the previous period [2]

Core Insights - GaoHua Technology (688539.SH) released its 2024 annual report on April 19, 2025, indicating that 30 institutional investors disclosed holdings in the company's A-shares, totaling 20.7691 million shares, which represents 11.17% of the total share capital [1] - The top ten institutional investors collectively hold 10.87% of the shares, with a decrease of 0.79 percentage points compared to the previous quarter [1] Institutional Holdings - The number of institutional investors holding GaoHua Technology shares is 30, with a total holding of 20.7691 million shares [1] - The top ten institutional investors include various investment management companies and funds, with a combined holding percentage of 10.87% [1] - There was a slight decline in the holding percentage of the top ten institutional investors compared to the last quarter [1] Public Fund Activity - One public fund, Penghua High-Quality Growth Mixed A, increased its holdings, while another, Penghua Stable Return Mixed A, saw a decrease in holdings [2] - A total of 23 new public funds disclosed their holdings, including several mixed funds from Huashang [2] Pension Fund Activity - One pension fund, the Basic Pension Insurance Fund 1203 Combination, reported a decrease in holdings [2]