Core Viewpoint - Hainan Mining (601969.SH) reported its Q3 2025 results, highlighting significant institutional ownership and changes in public fund holdings [1] Institutional Ownership - As of October 30, 2025, seven institutional investors disclosed holdings in Hainan Mining A-shares, totaling 1.575 billion shares, which represents 78.80% of the company's total equity [1] - Key institutional investors include Shanghai Fosun High Technology (Group) Co., Ltd., Hainan Haigang Group Co., Ltd., Hainan Provincial State-owned Capital Operation Co., Ltd., and several funds managed by China Merchants Bank [1] Public Fund Holdings - One public fund, the Guotai CSI Steel ETF, increased its holdings by 0.19% compared to the previous period [1] - One public fund, the Huaxia CSI 1000 ETF, reported a slight decrease in holdings [1] - A total of 54 public funds did not disclose their holdings this period, including notable funds such as the Southern CSI 1000 ETF and the GF CSI 1000 ETF [1]

Group 1 - The core point of the news is that Chang Aluminum Co., Ltd. experienced a stock price increase of 7.56%, reaching 5.55 CNY per share, with a trading volume of 704 million CNY and a turnover rate of 17.25%, resulting in a total market capitalization of 5.732 billion CNY [1] - Chang Aluminum, established on December 27, 2002, and listed on August 21, 2007, operates primarily in two business areas: thermal transfer materials and equipment solutions, and clean technology and pollution control solutions for healthcare systems [1] - The company's revenue composition is 87.57% from aluminum products and 12.43% from medical cleanliness solutions [1] Group 2 - From the perspective of the top ten circulating shareholders, Baodao Fund's Baodao Yuanhang Mixed A (007126) entered the top ten shareholders in the second quarter, holding 4.0784 million shares, which accounts for 0.51% of the circulating shares [2] - The estimated floating profit for Baodao Yuanhang Mixed A today is approximately 1.5906 million CNY [2] - Baodao Yuanhang Mixed A was established on April 30, 2019, with a latest scale of 2.147 billion CNY, achieving a year-to-date return of 34.19% and a one-year return of 35.33% [2]

Core Insights - Entropy Technology (301330.SZ) released its Q3 2025 report on October 29, 2025, indicating significant institutional ownership and changes in shareholding patterns [1] Institutional Ownership - As of October 28, 2025, a total of 9 institutional investors disclosed holdings in Entropy Technology A-shares, with a combined holding of 119 million shares, representing 50.43% of the total share capital [1] - The institutional ownership ratio decreased by 0.45 percentage points compared to the previous quarter [1] Public Fund Activity - In this period, 79 public funds were not disclosed compared to the previous quarter, including notable funds such as Baodao Growth Zhihang Stock A and Xinao Core Technology Mixed A [1] Foreign Investment Trends - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings compared to the previous quarter, indicating a slight decline in foreign investment [1]

Group 1 - The core viewpoint of the article is that Xiechang Technology (301418.SZ) reported its Q3 2025 financial results, highlighting changes in institutional and public fund holdings [1] Group 2 - As of October 27, 2025, three institutional investors disclosed holdings in Xiechang Technology A-shares, totaling 6.5464 million shares, which represents 8.93% of the total share capital [1] - The institutional investors include Suzhou Youfu Investment Management Partnership, Shanghai Junxing Equity Investment Partnership, and China Construction Bank - Nuoan Multi-Strategy Mixed Securities Investment Fund [1] - The total institutional holding percentage decreased by 1.70 percentage points compared to the previous quarter [1] Group 3 - One new public fund was disclosed in this period, namely Nuoan Multi-Strategy Mixed A [1] - A total of 56 public funds were not disclosed in this period compared to the previous quarter, including funds such as Baodao Growth Zhihang Stock A and Guojin Quantitative Multi-Factor A [1]

Core Insights - Aili Home (603221.SH) reported its Q3 2025 results on October 28, 2025, highlighting significant institutional investor interest in its A-shares [1] Institutional Holdings - As of October 27, 2025, six institutional investors disclosed holdings in Aili Home, totaling 164 million shares, which represents 67.04% of the company's total share capital [1] - The institutional holding percentage increased by 0.20 percentage points compared to the previous quarter [1] Public Fund Activity - In this reporting period, 14 public funds were disclosed, including notable funds such as Baodao Yuanhang Mixed A, Baodao Growth Zhihang Stock A, and others [1] Foreign Investment - Two new foreign institutions disclosed their holdings this quarter, including Goldman Sachs and Barclays Bank PLC [1]

Core Viewpoint - Zhenlan Instrument (301303.SZ) reported its Q3 2025 results, highlighting a significant institutional investment presence with a total of 1.59 billion shares held by six institutional investors, representing 38.91% of the company's total equity [1] Institutional Investment - As of October 27, 2025, six institutional investors disclosed their holdings in Zhenlan Instrument, totaling 1.59 billion shares, which accounts for 38.91% of the total share capital [1] - The institutional holding percentage increased by 0.23 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 47 public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Wanjiaguo Zheng 2000 ETF, Taiping Fengtai One-Year Open-End Bond Initiated Fund, and Huaxia Zhisheng New Star Stock A [1]

Group 1 - The core viewpoint of the news is that Jiangyin Biaobang Automotive Parts Co., Ltd. has seen a significant increase in its stock price, rising by 5.11% to 38.89 CNY per share, with a trading volume of 191 million CNY and a turnover rate of 5.58%, resulting in a total market capitalization of 4.493 billion CNY [1] - The company specializes in the research, development, production, and sales of automotive nylon pipelines and connectors, with its main business revenue composition being: 52.16% from power system connection pipelines, 22.49% from connectors, 16.72% from cooling system connection pipelines, 7.79% from precision injection molded parts, and 0.84% from other supplementary products [1] Group 2 - Among the top ten circulating shareholders of Biaobang, the Baodao Yuanhang Mixed A Fund (007126) has newly entered the list in the second quarter, holding 401,200 shares, which accounts for 1.07% of the circulating shares, with an estimated floating profit of approximately 758,300 CNY as of today [2] - The Baodao Yuanhang Mixed A Fund was established on April 30, 2019, with a latest scale of 1.685 billion CNY, achieving a year-to-date return of 29.18% and a one-year return of 32.26%, ranking 2595 out of 8162 and 2018 out of 8024 respectively, with a cumulative return since inception of 101.61% [2]

Group 1 - Zhejiang Zhenyuan's stock price increased by 7.44% to 9.97 CNY per share, with a trading volume of 102 million CNY and a turnover rate of 3.82%, resulting in a total market capitalization of 3.33 billion CNY [1] - The company, established on April 2, 1993, and listed on April 10, 1997, is primarily engaged in pharmaceutical wholesale and retail, production and sales of traditional Chinese medicine pieces, and research and production of raw materials and formulations [1] - The revenue composition of Zhejiang Zhenyuan includes: retail business 45.55%, wholesale business 28.75%, industrial formulations 14.08%, industrial raw materials 7.94%, health services 2.88%, and others 0.80% [1] Group 2 - Baodao Yuanhang Mixed A Fund (007126) entered the top ten circulating shareholders of Zhejiang Zhenyuan, holding 1.2032 million shares, which is 0.43% of the circulating shares, with an estimated floating profit of approximately 830,200 CNY [2] - The fund was established on April 30, 2019, with a latest scale of 1.685 billion CNY, achieving a year-to-date return of 31.48% and a one-year return of 62.63% [2] - Since its inception, the fund has generated a return of 105.2%, with its performance ranking 2766 out of 8172 in the same category this year and 2218 out of 7980 over the past year [2] Group 3 - The fund manager of Baodao Yuanhang Mixed A is Yang Meng, who has been in the position for 7 years and 42 days, managing a total fund size of 12.691 billion CNY [3] - During Yang Meng's tenure, the best fund return was 172.23%, while the worst return was -27.34% [3]

Group 1 - The core viewpoint of the news is that Shenghui Integrated has seen a stock price increase of 5.13%, reaching 42.20 CNY per share, with a total market capitalization of 4.22 billion CNY [1] - Shenghui Integrated is primarily engaged in cleanroom engineering services in high-tech industries such as IC semiconductors and optoelectronics, with its main business revenue composition being 64.36% from cleanroom engineering, 31.78% from other electromechanical installation projects, 3.74% from equipment sales, and 0.11% from other sources [1] - The company was established on September 3, 2003, and was listed on October 13, 2022 [1] Group 2 - According to data, Baodao Fund's Baodao Yuanhang Mixed A (007126) has entered the top ten circulating shareholders of Shenghui Integrated, holding 239,800 shares, which accounts for 0.69% of the circulating shares [2] - The fund has achieved a year-to-date return of 22.83% and a one-year return of 48.15%, ranking 2,211 out of 7,978 in its category [2] - Baodao Yuanhang Mixed A was established on April 30, 2019, and has a current scale of 1.685 billion CNY [2]

Summary of Key Points Core Viewpoint - 博硕科技 has reported a decrease in institutional ownership in its A-shares, with a total of 8 institutional investors holding 95.29 million shares, representing 56.22% of the total share capital, which is a decline of 0.53 percentage points from the previous quarter [1] Institutional Investors - The total number of institutional investors holding 博硕科技 A-shares is 8, with a combined holding of 95.29 million shares, accounting for 56.22% of the total share capital [1] - The institutional investors include notable entities such as 江苏摩锐投资有限公司, 大家人寿保险股份有限公司, and 中国工商银行股份有限公司 among others [1] - The institutional holding percentage has decreased by 0.53 percentage points compared to the last quarter [1] Public Funds - In the current period, 3 new public funds have disclosed holdings in 博硕科技, including 金鹰科技创新股票A and 鹏华双债加利债券A [1] - 2 public funds that were previously disclosed have not reported in this period, namely 博道远航混合A and 博道成长智航股票A [1] Social Security Funds - One social security fund, 汇添富基金管理股份有限公司-社保基金1802组合, has not disclosed holdings in this period compared to the previous quarter [1] Foreign Investment - One foreign fund, 香港中央结算有限公司, has reduced its holdings, with a decrease of 0.32% compared to the previous quarter [2]