Group 1 - The core viewpoint of the news is that Xueda Education (000526.SZ) has reported significant institutional investment, with 31 institutional investors holding a total of 59.8536 million shares, representing 49.12% of the total share capital as of August 27, 2025 [1] - The top ten institutional investors collectively hold 46.26% of the shares, with an increase of 1.13 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was an increase in holdings from one public fund, specifically the Fortune Tianhui Growth Mixed (LOF) A/B, which saw an increase of 1.08% [2] - Five new public funds disclosed their holdings this quarter, including Galaxy Beautiful Mixed A and Galaxy Transformation Mixed A [2] - One social security fund, the National Social Security Fund 111 Combination, reported a decrease in holdings this quarter [2] - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.63% [2]

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]

公募基金方面，本期较上一季度新披露的公募基金共计2个，包括富国质量成长6个月持有期混合A、富 国核心优势混合发起式A。 2025年8月26日，福然德(605050.SH)发布2025年半年度报告。截至2025年8月25日，共有7个机构投资者 披露持有福然德A股股份，合计持股量达1.90亿股，占福然德总股本的38.55%。其中，机构投资者包括 宁波人科创业投资合伙企业(有限合伙)、上海傅桐企业管理咨询合伙企业(有限合伙)、宁波行盛创业投 资合伙企业(有限合伙)、上海滦海啸阳私募基金管理有限公司-滦海啸阳红石榴四号私募证券投资基金、 安联保险资管-中信银行-安联远见19号资产管理产品、富国质量成长6个月持有期混合A、富国核心优势 混合发起式A，机构投资者合计持股比例达38.55%。相较于上一季度，机构持股比例合计下跌了0.48个 百分点。 ...

Core Viewpoint - Kunheng Shunwei (688283.SH) reported a decline in institutional ownership in its A-shares, with a total of 5 institutional investors holding 8.5342 million shares, representing 7.01% of the total share capital, a decrease of 0.31 percentage points from the previous quarter [1] Institutional Investors - As of August 25, 2025, the total shares held by institutional investors in Kunheng Shunwei amounted to 8.5342 million, accounting for 7.01% of the total share capital [1] - The institutional investors include Sichuan Development Securities Investment Fund Management Co., Ltd., Bank of China Co., Ltd., Guotai Jiatai Pension Product, Guotai Fund Management Co., Ltd., and Huayuan Qiyuan Future Mixed Initiation A [1] - The institutional ownership ratio decreased by 0.31 percentage points compared to the previous quarter [1] Public Funds - One new public fund disclosed its holdings in the current period, namely Huayuan Qiyuan Future Mixed Initiation A [1] - Three public funds that were previously disclosed did not report their holdings this quarter, including Fortune New Vitality Flexible Allocation Mixed A, Fortune Quality Growth 6-Month Holding Period Mixed A, and Hang Seng Qianhai High-End Manufacturing Mixed A [1] Social Security Funds - One new social security fund disclosed its holdings in Kunheng Shunwei, which is Guotai Fund Management Co., Ltd. - Social Security Fund 2103 Combination [1]

Group 1 - Highlan Co., Ltd. (300499.SZ) released its semi-annual report for 2025 on August 23, 2025, showing that as of August 22, 2025, 11 institutional investors held a total of 26.38 million shares, accounting for 8.64% of the total share capital [1] - The top ten institutional investors include major entities such as Industrial and Commercial Bank of China and China Construction Bank, with their combined shareholding increasing by 1.51 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, namely the Fortune Optimized Enhanced Bond A/B, increased its holdings by 0.40% compared to the previous period [2] - Six new public funds disclosed their holdings in Highlan Co., Ltd., including notable funds like Nuon Anhe Xin Mixed A and Fortune New Vitality Flexible Allocation Mixed A [2] - One new social security fund, the National Social Security Fund 116 Combination, disclosed its holdings in Highlan Co., Ltd. during this period [2]

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]