Group 1 - The core point of the news is that Longbai Group's stock price has dropped by 5.02%, currently trading at 18.18 yuan per share, with a total market capitalization of 43.383 billion yuan [1] - Longbai Group, established on August 20, 1998, and listed on July 15, 2011, is primarily engaged in the production and sales of titanium dioxide, zirconium products, and aluminum sulfate [1] - The main revenue composition of Longbai Group includes titanium dioxide (64.99%), sponge titanium (11.17%), iron-based products (8.77%), and other segments [1] Group 2 - According to data, Guotai Fund holds a significant position in Longbai Group through its fund, Guotai CSI Sub-Segmented Chemical Industry Theme ETF (516220), which reduced its holdings by 2,700 shares in the second quarter [2] - The current holding of Guotai CSI Sub-Segmented Chemical Industry Theme ETF is 198,100 shares, accounting for 2.75% of the fund's net value, ranking as the tenth largest holding [2] - The fund has a total scale of 1.17 billion yuan and has achieved a return of 22.97% this year, ranking 2,595 out of 4,218 in its category [2]

Group 1 - Cangge Mining's stock increased by 5.26%, reaching 61.40 CNY per share, with a trading volume of 754 million CNY and a turnover rate of 0.80%, resulting in a total market capitalization of 96.412 billion CNY [1] - Cangge Mining Co., Ltd. is located in Golmud City, Qinghai Province, and was established on June 25, 1996, with its listing date on June 28, 1996. The company's main business involves the production and sales of potassium fertilizer (potassium chloride) [1] - The revenue composition of Cangge Mining includes potassium chloride at 83.34%, lithium carbonate at 15.90%, and other products at 0.75% [1] Group 2 - According to data, Guotai Fund holds a significant position in Cangge Mining through its fund, Guotai CSI Sub-Industry Chemical Theme ETF (516220), which reduced its holdings by 2,100 shares in the second quarter, maintaining 93,100 shares, accounting for 3.41% of the fund's net value, ranking as the fifth-largest holding [2] - The Guotai CSI Sub-Industry Chemical Theme ETF (516220) was established on March 2, 2021, with a current scale of 117 million CNY. Year-to-date returns are at 25.77%, ranking 2303 out of 4221 in its category, while the one-year return is 16.19%, ranking 2678 out of 3848, and it has incurred a loss of 20% since inception [2]

Core Viewpoint - Cangge Mining's stock price has experienced a decline of 5.28% over the past three days, closing at 53.77 yuan per share with a market capitalization of 844.31 billion yuan [1] Company Overview - Cangge Mining Co., Ltd. is located in Golmud City, Qinghai Province, and was established on June 25, 1996, with its listing date on June 28, 1996 [1] - The company's main business involves the production and sales of potassium fertilizer (potassium chloride), with revenue composition as follows: potassium chloride 83.34%, lithium carbonate 15.90%, and others 0.75% [1] Fund Holdings - According to data, one fund under Guotai Fund has a significant holding in Cangge Mining. The Guotai CSI Sub-Industry Chemical Theme ETF (516220) reduced its holdings by 2,100 shares in the second quarter, now holding 93,100 shares, which accounts for 3.41% of the fund's net value, ranking as the fifth-largest holding [2] - The estimated floating loss for the fund today is approximately 151,800 yuan, with a total floating loss of 279,300 yuan during the three-day decline [2] Fund Manager Performance - The fund manager of Guotai CSI Sub-Industry Chemical Theme ETF (516220) is Wang Yu, who has been in position for 5 years and 270 days, with a total asset scale of 22.275 billion yuan. The best fund return during his tenure is 36.19%, while the worst is -44.84% [3] - Co-manager Liu Fangyuan has been in position for 161 days, managing assets totaling 2.677 billion yuan, with the best return of 44.59% and the worst return of 3.9% during his tenure [3]