Group 1 - Silan Microelectronics (600460.SH) reported its Q3 2025 results on October 31, 2025, with 15 institutional investors disclosing holdings of 712 million shares, accounting for 42.78% of the total share capital [1] - The top ten institutional investors include notable entities such as Hangzhou Silan Holdings Co., Ltd. and various investment funds, collectively holding 42.76% of the shares, which represents a decrease of 3.12 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, five funds reported a decrease in holdings compared to the previous quarter, with a total reduction rate of 0.43% [2] - Two new public funds were disclosed during this period, including the Jia Shi Zhong Zheng Semiconductor Index Enhanced Initiation A and Da Cheng Industry Pioneer Mixed A [2] - A total of 392 public funds were not disclosed in this quarter, including several semiconductor-related ETFs [2]

Core Insights - Nanda Optoelectronics (300346.SZ) reported its Q3 2025 results, revealing that 27 institutional investors hold a total of 86.582 million shares, accounting for 12.53% of the company's total equity [1] Institutional Holdings - The top ten institutional investors collectively hold 11.74% of Nanda Optoelectronics, with a decrease of 0.81 percentage points compared to the previous quarter [1] Public Fund Activity - In the current period, 15 public funds increased their holdings, with a total increase ratio of 1.29%, including funds like Guotai CSI Semiconductor Materials and Equipment Theme ETF and Harvest CSI Semiconductor Index Enhanced Initiation A [2] - Conversely, 3 public funds reduced their holdings, with a total decrease ratio of 0.71%, including funds like Guolianan Semiconductor ETF and E Fund Growth Enterprise Board ETF [2] - There were 5 new public funds disclosed in this period, while 215 public funds were not disclosed compared to the previous quarter [2] Foreign Investment - One new foreign institution, Hong Kong Central Clearing Limited, disclosed its holdings in this period [3]

Core Viewpoint - The stock of Shengmei Semiconductor Equipment (Shanghai) Co., Ltd. has experienced a decline of 5.13%, with a current price of 159.39 CNY per share and a total market capitalization of 70.337 billion CNY [1] Company Overview - Shengmei Semiconductor Equipment (Shanghai) Co., Ltd. was established on May 17, 2005, and went public on November 18, 2021. The company specializes in the research, development, production, and sales of semiconductor equipment [1] - The main revenue composition of the company is 99.72% from product sales and 0.28% from service provision [1] Shareholder Analysis - The top circulating shareholder of Shengmei Shanghai is the Jiashi Fund, which increased its holdings in the Jiashi SSE STAR Market Chip ETF (588200) by 201,800 shares in the second quarter, bringing the total to 2,097,000 shares, representing 0.48% of circulating shares. The estimated floating loss today is approximately 18.0549 million CNY [2] - The Jiashi SSE STAR Market Chip ETF (588200) was established on September 30, 2022, with a current scale of 27.806 billion CNY. Year-to-date returns are 40.87%, ranking 439 out of 4,222 in its category; the one-year return is 130.13%, ranking 26 out of 3,766; and since inception, the return is 106.79% [2] Fund Performance - The fund manager of Jiashi SSE STAR Market Chip ETF (588200) is Tian Guangyuan, who has been in the position for 4 years and 173 days. The total asset scale is 44.323 billion CNY, with the best fund return during his tenure being 110.35% and the worst being -47.27% [3] Top Holdings - Jiashi Fund's Jiashi CSI Semiconductor Index Enhanced Initiation A (014854) holds 706,100 shares of Shengmei Shanghai, accounting for 3.41% of the fund's net value, making it the ninth-largest holding. The estimated floating loss today is approximately 6.0798 million CNY [4] - The Jiashi CSI Semiconductor Index Enhanced Initiation A (014854) was established on April 22, 2022, with a current scale of 212 million CNY. Year-to-date returns are 31.36%, ranking 950 out of 4,222; the one-year return is 83.37%, ranking 510 out of 3,766; and since inception, the return is 60.69% [4] Fund Manager Profile - The fund manager of Jiashi CSI Semiconductor Index Enhanced Initiation A (014854) is Liu Bin, who has been in the position for 15 years and 280 days. The total asset scale is 5.944 billion CNY, with the best fund return during his tenure being 99.85% and the worst being -36.71% [5]