Group 1 - The core viewpoint of the article highlights the institutional investment landscape in Tianzheng Electric (605066.SH), indicating a significant presence of institutional investors with a total holding of 132 million shares, representing 26.14% of the total share capital [1] - The proportion of institutional holdings increased by 1.54 percentage points compared to the previous quarter, reflecting growing confidence among institutional investors [1] - Among public funds, there was an increase in holdings from one fund, 博道久航混合A, with a holding increase ratio of 0.21% [1] Group 2 - New disclosures from foreign investors included one entity, J.P. Morgan Securities PLC - proprietary funds, indicating a cautious but present interest from foreign institutions [2]

Core Viewpoint - Sai Xiang Technology experienced a decline of 5.23% on October 29, with a stock price of 7.07 yuan per share and a trading volume of 1.015 billion yuan, resulting in a total market capitalization of 4.162 billion yuan [1]. Group 1: Company Overview - Tianjin Sai Xiang Technology Co., Ltd. was established on February 16, 1995, and went public on January 15, 2010. The company specializes in the research, development, production, and sales of complete equipment and testing devices for radial tire manufacturing [1]. - The revenue composition of the company includes: specialized machinery equipment (72.68%), general machinery equipment (22.22%), parts and accessories (3.44%), robotics and related equipment manufacturing (1.51%), other equipment (0.13%), and financing leasing business (0.01%) [1]. Group 2: Shareholder Information - According to data, Bodao Fund has a fund that ranks among the top ten circulating shareholders of Sai Xiang Technology. The Bodao Jiuhang Mixed A Fund (008318) entered the top ten shareholders in the third quarter, holding 1.9641 million shares, which accounts for 0.33% of the circulating shares. The estimated floating loss today is approximately 766,000 yuan [2]. - The Bodao Jiuhang Mixed A Fund was established on December 24, 2019, with a current scale of 1.473 billion yuan. Year-to-date returns are 41.82%, ranking 1785 out of 8155 in its category; the one-year return is 47.1%, ranking 1152 out of 8031; and since inception, the return is 84.69% [2]. Group 3: Fund Manager Information - The fund manager of Bodao Jiuhang Mixed A Fund is Liu Weiming. As of the report date, Liu has a cumulative tenure of 1 year and 186 days, with the total asset scale of the fund at 5.75 billion yuan. The best fund return during his tenure is 50.87%, while the worst return is 6.15% [3].

Core Insights - Jintuo Co., Ltd. (300400.SZ) released its Q3 2025 report on October 29, 2025, indicating a total of 4 institutional investors holding shares, amounting to 5.7521 million shares, which represents 2.37% of the total share capital [1] Institutional Holdings - The institutional investors include Haichuang (Shanghai) Private Fund Management Co., Ltd., Ping An Bank Co., Ltd., China Foreign Economic and Trade Trust Co., Ltd., and Shandong International Trust Co., Ltd. [1] - The total institutional holding percentage increased by 1.46 percentage points compared to the previous quarter [1] Public Fund Disclosures - One new public fund was disclosed in this period, namely Ping An New Xin Pioneer Mixed A [1] - A total of 87 public funds were not disclosed compared to the previous quarter, including several funds such as China Europe Data Mining Mixed A and Guotou Ruijin CSI 500 Index Enhanced A [1]

Core Insights - Xiangming Intelligent (301226.SZ) released its Q3 2025 report on October 27, 2025, indicating significant institutional investor interest in the company [1] Institutional Holdings - As of October 26, 2025, four institutional investors disclosed holdings in Xiangming Intelligent A-shares, totaling 62.2746 million shares, which represents 57.24% of the company's total equity [1] - The institutional holding percentage decreased by 0.77 percentage points compared to the previous quarter [1] Public Fund Activity - One public fund, Baodao Growth Intelligent Navigation Stock A, increased its holdings during this period, with an increase ratio of 0.73% [1] - A total of 30 public funds did not disclose their holdings this quarter, including notable funds such as CITIC Prudential Multi-Strategy Mixed (LOF) A and CITIC Prudential Economic Preferred Mixed A [1]