Group 1 - The core viewpoint of the news is that Yutian Guanjia (301173.SZ) has reported an increase in institutional holdings, indicating growing investor confidence in the company [1] - As of October 28, 2025, a total of 9 institutional investors hold shares in Yutian Guanjia, with a combined holding of 51.918 million shares, representing 59.11% of the total share capital [1] - Compared to the previous quarter, the total institutional holding percentage has increased by 0.33 percentage points [1] Group 2 - In the public fund sector, there was an increase in holdings from one public fund, specifically the China Europe Enjoy Life Mixed A fund, which saw an increase of 0.46% in its holdings [2] - A total of 1,976 public funds did not disclose their holdings in the current period, including funds such as Guojin Quantitative Multi-Factor A and Guojin Quantitative Selected A [2]

Core Viewpoint - Luyuan Pharmaceutical (002788.SZ) reported its Q3 2025 results, highlighting a total institutional ownership of 145 million shares, representing 37.29% of the company's total equity, with a slight decrease in institutional holding compared to the previous quarter [1] Institutional Ownership - As of October 26, 2025, three institutional investors disclosed their holdings in Luyuan Pharmaceutical, with a combined shareholding of 145 million shares, accounting for 37.29% of the total equity [1] - The institutional ownership ratio decreased by 0.12 percentage points compared to the previous quarter [1] - The institutional investors include Xiamen Meidiken Technology Co., Ltd., Xiamen Santai Technology Co., Ltd., and China Merchants Fund Management Co., Ltd. - Social Security Fund 1903 Combination [1] Public Fund Disclosure - In this reporting period, 44 public funds were disclosed, including notable funds such as Guojin Quantitative Multi-Factor A, Everbright Prudential Quantitative Stock A, and Guojin CSI A500 Index Enhanced A [1] Social Security Fund - One new social security fund disclosed its holdings in Luyuan Pharmaceutical, specifically the China Merchants Fund Management Co., Ltd. - Social Security Fund 1903 Combination [1] Foreign Investment - The report indicates that there was a lack of new disclosures from foreign institutions, with Barclays Bank PLC being the only foreign institution not disclosing holdings compared to the previous quarter [1]

Group 1 - The core viewpoint of the news is the disclosure of institutional and foreign investment holdings in Zhongjie Precision Engineering (301072.SZ) as of October 24, 2025, highlighting a slight decrease in institutional ownership compared to the previous quarter [1] Group 2 - As of October 24, 2025, six institutional investors hold a total of 24.76 million shares of Zhongjie Precision Engineering, representing 23.57% of the total share capital, with a decrease of 0.11 percentage points from the previous quarter [1] - The institutional investors include Wuxi Puxian Investment Partnership, Wuxi Dongming Tianyu Investment Partnership, Wuxi Baoning Investment Partnership, Wuxi Xuantong Investment Partnership, Shanghai Qianying Investment Management Co., Ltd., and J.P. Morgan Securities PLC [1] - In the public fund sector, 32 public funds were disclosed this period, including notable funds such as Nuoan Multi-Strategy Mixed A and Guojin Quantitative Multi-Factor A [1] Group 3 - From the foreign investment perspective, one new foreign institution, J.P. Morgan Securities PLC, has disclosed its holdings this quarter [2]

Group 1 - The A-share market has been recovering this year, leading investors to focus on index products with clear strategies and stable styles, particularly enhanced index funds [1] - The CSI A500 Index is gaining attention as a benchmark for enhanced strategy products due to its scientific compilation, industry balance, and historically low valuation [1][3] - The CSI A500 Index is considered a "future-oriented" benchmark, covering many emerging industries and growth-oriented companies, showing strong long-term return potential [1][3] Group 2 - The enhanced index products aim to achieve excess returns while controlling tracking errors, utilizing quantitative models and industry rotation [2] - As of September 17, the National Gold CSI A500 Enhanced A fund achieved a year-to-date return of 27.50%, with an excess return of 7.74%, ranking second among 57 similar products [2] - National Gold Fund has been conducting quantitative live investment since 2016 and entered the public enhanced index product field in November 2022, focusing on machine learning and multi-dimensional information mining [2] Group 3 - The CSI A500 Index is deemed suitable for quantitative enhanced products due to its industry diversification and strong representation of constituent stocks [3] - In uncertain market conditions, broad-based index funds are highlighted for their risk diversification and opportunity capture, with the CSI A500 Index showing long-term allocation value [3]

Core Viewpoint - Fengyuan Pharmaceutical (000153.SZ) released its semi-annual report for 2025, indicating a total institutional holding of 141 million shares, accounting for 30.39% of the company's total equity, with a slight decrease of 0.36 percentage points from the previous quarter [1] Institutional Holdings - As of August 21, 2025, seven institutional investors disclosed their holdings in Fengyuan Pharmaceutical, with a combined shareholding of 141 million shares [1] - The institutional investors include Anhui Wuwei Pharmaceutical Factory, Bengbu Tushan Enterprise Management Co., Ltd., Ma'anshan Fengyuan Enterprise Management Co., Ltd., Anhui Fengyuan Group Co., Ltd., Great Wall Guorong Investment Management Co., Ltd., BARCLAYS BANK PLC, and Guojin 300 Index Enhanced A [1] - The total institutional holding percentage decreased by 0.36 percentage points compared to the previous quarter [1] Public Fund and Foreign Investment - One new public fund disclosed its holdings this period, namely Guojin 300 Index Enhanced A [1] - Two public funds that were previously disclosed did not report this quarter, including Guojin CSI A500 Index Enhanced A and Dongxing Lianzhong One-Year Holding Period Mixed A [1] - One new foreign institution disclosed its holdings, BARCLAYS BANK PLC, while MORGAN STANLEY & CO. INTERNATIONAL PLC was not reported this quarter [1]