Group 1 - The core point of the news is that Tian You Wei (603202.SH) reported its Q3 2025 results, revealing that 77 institutional investors hold a total of 19.1587 million shares, accounting for 11.97% of the total share capital [1] - The top ten institutional investors collectively hold 10.21% of the shares, with no change in their holdings [1] Group 2 - In the public fund sector, three funds increased their holdings compared to the previous period, with a total increase of 0.34% [2] - Three new public funds were disclosed this quarter, while 1,925 public funds were not disclosed compared to the previous quarter [2] - In the insurance investment sector, one new investor was disclosed, while one pension fund was no longer reported [2]

Core Insights - Tian Gong Co., Ltd. (920068.BJ) reported its Q3 2025 financial results on October 28, 2025, highlighting significant institutional ownership in the company [1] Institutional Ownership - A total of 12 institutional investors disclosed their holdings in Tian Gong Co., Ltd. A-shares, with a combined shareholding of 565 million shares, representing 86.11% of the total share capital [1] - The top ten institutional investors include Jiangsu Tian Gong Investment Management Co., Ltd., Nanjing Steel Co., Ltd., and Suzhou Yidian Capital Management Co., Ltd., among others, with their combined shareholding accounting for 86.02% [1] - Compared to the previous quarter, the combined shareholding percentage of the top ten institutions increased by 0.12 percentage points [1] Public Fund Disclosure - In the current period, one public fund, namely the GF Innovation-Driven Mixed Fund, was disclosed, which was not reported in the previous quarter [2]