Core Viewpoint - Yangdian Technology (301012.SZ) reported its semi-annual results for 2025, highlighting a significant decline in institutional investor holdings compared to the previous quarter [1] Institutional Holdings - As of August 25, 2025, there is one institutional investor holding shares in Yangdian Technology, with a total of 3.5 million shares, representing 1.78% of the total share capital [1] - The overall institutional holding percentage has decreased by 9.88 percentage points compared to the last quarter [1] Public Fund Holdings - One public fund, specifically the Fortune Tianhui Growth Mixed (LOF) A/B, has reduced its holdings, accounting for a decrease of 1.73% [1] - Five public funds that did not disclose their holdings in the current period include: Fortune New Vitality Flexible Allocation Mixed A, Fortune Quality Growth 6-Month Holding Period Mixed A, Fortune Core Advantage Initiated Mixed A, Fortune Benefit Return 12-Month Holding Period Mixed A, and Rongtong Quantitative Multi-Strategy Flexible Allocation Mixed A [1]

Core Insights - Furan De (605050.SH) released its semi-annual report for 2025, indicating that as of August 25, 2025, seven institutional investors disclosed holdings in Furan De A-shares, totaling 190 million shares, which represents 38.55% of the company's total equity [1] - The institutional investors include various partnerships and funds, with the total institutional holding percentage decreasing by 0.48 percentage points compared to the previous quarter [1] - Two new public funds were disclosed in this period, namely Fuguo Quality Growth 6-Month Holding Mixed A and Fuguo Core Advantage Initiated Mixed A [1] Institutional Holdings - Seven institutional investors hold a combined total of 190 million shares, accounting for 38.55% of Furan De's total equity [1] - The institutional holding percentage has decreased by 0.48 percentage points from the previous quarter [1] Public Funds - Two new public funds were disclosed during this reporting period [1] - The new funds are Fuguo Quality Growth 6-Month Holding Mixed A and Fuguo Core Advantage Initiated Mixed A [1]

Group 1 - The core viewpoint of the news is that Weiteng Electric (688226.SH) has disclosed its annual report for 2024, highlighting significant institutional investor holdings and changes in share ownership [1] - As of April 25, 2025, a total of 31 institutional investors hold shares in Weiteng Electric, with a combined holding of 66.72 million shares, representing 42.63% of the total share capital [1] - The top ten institutional investors account for 42.50% of the total shares, with a notable decrease of 5.52 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, the Fortune Tianhui Growth Mixed (LOF) A/B, has reduced its holdings by 0.70% compared to the previous quarter [2] - A total of 24 new public funds have been disclosed this period, including notable funds such as Everbright Prudential Quantitative Stock A and Huaxia CSI 500 Index Enhanced A [2] - Eight public funds have not been disclosed this period, including funds like the Collective - CICC New Star A and Fortune Core Advantage Mixed Initiation A [2]

Company Overview - Nanguo Real Estate (002305) has experienced a decline for four consecutive trading days, with a cumulative drop of -10.64% [1] - The company was established in 1998 and became the first commercial real estate company to go public after the IPO restart in 2009 on the Shenzhen Stock Exchange [1] Shareholder Information - Two funds under the management of Fortune Fund have entered the top ten shareholders of Nanguo Real Estate, specifically Fortune Quality Growth 6-Month Holding Mixed A and Fortune New Vitality Flexible Allocation Mixed A, both of which reduced their holdings in the fourth quarter of last year [1] - Fortune Quality Growth 6-Month Holding Mixed A has a year-to-date return of 11.57%, ranking 300 out of 4559 in its category, while Fortune New Vitality Flexible Allocation Mixed A has a year-to-date return of 10.28%, ranking 107 out of 2308 [1] Fund Manager Profile - The fund manager for both Fortune Quality Growth 6-Month Holding Mixed A and Fortune New Vitality Flexible Allocation Mixed A is Wu Dongdong, who has a background in mechanical engineering and has held various research positions in the finance industry since 2016 [5][6] - Wu Dongdong has been managing the Fortune Quality Growth 6-Month Holding Mixed A since February 28, 2022, and the Fortune New Vitality Flexible Allocation Mixed A since February 23, 2023 [6]

Core Viewpoint - Hangzhou Kelin (688611.SH) reported its 2024 annual results, revealing significant institutional investor interest with 26 institutions holding a total of 18.71 million shares, representing 17.07% of the total share capital [1] Group 1: Institutional Holdings - A total of 26 institutional investors disclosed their holdings in Hangzhou Kelin, with a combined shareholding of 18.71 million shares, accounting for 17.07% of the total share capital [1] - The top ten institutional investors collectively hold 16.98% of the shares, with a slight decrease of 0.01 percentage points compared to the previous quarter [1] Group 2: Public Fund Activity - Four public funds increased their holdings in this period, with an increase in shareholding proportion of 0.62% [2] - A total of 20 new public funds disclosed their holdings compared to the previous quarter, including notable funds such as 富国积极成长一年定期开放混合 and 景顺长城稳健回报混合A类 [2] - Two public funds were not disclosed in this period compared to the previous quarter, indicating a reduction in reporting [2]