Core Viewpoint - The report indicates a decrease in institutional ownership in the company, highlighting a shift in investor sentiment and potential implications for future performance [1] Institutional Ownership - As of October 30, 2025, six institutional investors hold a total of 98.03 million shares of the company, representing 28.30% of the total share capital [1] - The institutional ownership percentage has decreased by 1.19 percentage points compared to the previous quarter [1] Public Fund Activity - Thirteen public funds that were not disclosed in the previous quarter are now reported, including funds such as Zhongjia Zhongzheng A500 Index Enhanced Fund A and Bosera Quantitative Balanced Mixed Fund A [1] Foreign Investment Trends - One foreign fund, Hong Kong Shanghai HSBC Bank Limited, has reduced its holdings by 1.53% compared to the previous quarter [1] - A new foreign institution, BNP Paribas - Proprietary Funds, has been disclosed this quarter, while Morgan Stanley & Co. International PLC is no longer reported [1]

Group 1 - The core viewpoint of the news is that Starlight Co., Ltd. (002076.SZ) has reported a decrease in institutional holdings in its 2024 annual report, with a total of 11 institutional investors holding 140 million shares, representing 12.63% of the total share capital, a decline of 2.54 percentage points from the previous quarter [1][2]. Group 2 - The top ten institutional investors include notable firms such as Jader Capital Management Co., Ltd., Guangdong Shangfan Capital Investment Co., Ltd., UBS AG, and Barclays Bank PLC, among others, collectively holding 12.63% of the shares [1]. - In the public fund sector, five new public funds were disclosed this period, including Green Macro Return Mixed A and others, indicating continued interest from public funds [1]. - Regarding foreign investment, UBS AG was the only foreign fund to reduce its holdings this period, while two new foreign institutions, Barclays Bank PLC and Morgan Stanley & Co. International PLC, were disclosed [2].