Group 1 - Zhejiang Natural (605080.SH) reported its Q3 2025 results, with 9 institutional investors holding a total of 99.1372 million shares, representing 70.03% of the total share capital [1] - The institutional holding ratio increased by 0.21 percentage points compared to the previous quarter [1] - Two new public funds were disclosed this period, including Huatai-PB Value Selection Mixed and Agricultural Bank of China Research Selection Mixed, while 182 public funds were not disclosed compared to the previous quarter [1] Group 2 - No foreign institutional investors were disclosed this period, with Barclays Bank PLC being the only one not reported in the previous quarter [2]

Core Viewpoint - Fumiao Technology (688350.SH) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 5 institutional investors holding 64.1542 million shares, representing 52.52% of the total share capital, a decrease of 3.14 percentage points from the previous quarter [1] Institutional Ownership - As of October 30, 2025, institutional investors include Yongzhuo Holdings Limited, Jiangsu Feixiang Chemical Co., Ltd., Jiangsu Fumiao Technology Co., Ltd. - 2022 Employee Stock Ownership Plan, Beijing Ruishibang Fine Chemical Technology Co., Ltd., and Yinhua Huiyi One-Year Holding Period Mixed A [1] - The total institutional ownership percentage decreased by 3.14 percentage points compared to the previous quarter [1] Public Fund Activity - One new public fund disclosed its holdings this quarter, namely Yinhua Huiyi One-Year Holding Period Mixed A [1] - A total of 37 public funds were not disclosed in this quarter compared to the previous quarter, including major funds such as Dacheng Jingheng Mixed A, Zhongjia Specialized and New Quantitative Stock Selection Mixed Initiation A, and others [1]

Core Points - On October 30, Runbang Co., Ltd. experienced a decline of 5.1%, with a stock price of 6.89 CNY per share, a trading volume of 1.20 billion CNY, a turnover rate of 1.95%, and a total market capitalization of 61.08 billion CNY [1] - The company, established on September 25, 2003, and listed on September 29, 2010, operates in high-end equipment and environmental protection sectors, with main business revenue composition: material handling equipment 72.67%, marine engineering equipment 12.76%, environmental business 10.56%, ship and supporting equipment 2.01%, other businesses 1.30%, and general equipment manufacturing 0.70% [1] Shareholder Analysis - Among the top ten circulating shareholders of Runbang Co., Ltd., one fund from GF Fund ranks, specifically GF Multi-Factor Mixed Fund (002943), which entered the top ten shareholders in Q3 with 4.0568 million shares, accounting for 0.46% of circulating shares, resulting in an estimated floating loss of approximately 1.501 million CNY today [2] - The GF Multi-Factor Mixed Fund was established on December 30, 2016, with a latest scale of 16.864 billion CNY, achieving a year-to-date return of 36.12% and a one-year return of 37.6%, ranking 2603 out of 8152 and 2111 out of 8038 respectively [2] Fund Management - The fund managers of GF Multi-Factor Mixed Fund are Tang Xiaobin and Yang Dong, with Tang having a cumulative tenure of 10 years and 314 days, managing assets totaling 19.657 billion CNY, with the best fund return of 386.32% and the worst return of -34.08% during his tenure [3] - Yang Dong has a cumulative tenure of 4 years and 122 days, managing assets of 23.666 billion CNY, with the best fund return of 102.03% and the worst return of 2.3% during his tenure [3]

Core Viewpoint - Tongwei Co., Ltd. (002835.SZ) reported its Q3 2025 financial results, indicating a decline in institutional ownership and a stable number of public funds compared to the previous quarter [1] Institutional Ownership - As of October 28, 2025, there is one institutional investor holding shares in Tongwei Co., Ltd., with a total holding of 827,800 shares, representing 0.38% of the total share capital [1] - The institutional ownership percentage decreased by 0.55 percentage points compared to the previous quarter [1] Public Fund Holdings - In this reporting period, 28 public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Dachen CSI 360 Internet + Index A, Guangfa Multi-Factor Mixed Fund, and others [1]

Core Insights - Hanbo High-tech (301321.SZ) released its Q3 2025 report on October 27, 2025, indicating a total of 5 institutional investors holding shares, amounting to 45.81 million shares, which represents 24.57% of the total share capital [1] Institutional Holdings - The total institutional holding increased by 0.18 percentage points compared to the previous quarter [1] - The institutional investors include Hanbo Holdings Group Co., Ltd., Hefei Wang's Hanbo Technology Co., Ltd., Changjiang Wealth Asset Management, Hanbo High-tech Materials (Hefei) Co., Ltd., and Industrial and Commercial Bank of China [1] Public Fund Activity - One new public fund disclosed this quarter, namely the Dacheng CSI 360 Internet + Index A [1] - A total of 38 public funds were not disclosed this quarter compared to the previous quarter, including funds like Guojin Quantitative Multi-Factor A and Huatai-PineBridge CSI 2000 Index Enhanced A [1]

Core Viewpoint - Yabao Pharmaceutical (600351.SH) reported its Q3 2025 results, highlighting a decrease in institutional ownership and changes in public fund holdings [1] Group 1: Institutional Investors - As of October 24, 2025, six institutional investors disclosed holdings in Yabao Pharmaceutical, totaling 144 million shares, which represents 20.63% of the company's total equity [1] - The institutional ownership decreased by 3.27 percentage points compared to the previous quarter [1] Group 2: Public Funds - One public fund, Huatai-PineBridge CSI Traditional Chinese Medicine ETF, increased its holdings by 0.16% compared to the last period [1] - A total of 91 public funds did not disclose their holdings this quarter, including various ETFs and mixed funds [1]

Core Viewpoint - Zhaoxun Media (301102.SZ) reported its Q3 2025 results, highlighting significant institutional investor interest with a total holding of 316 million shares, representing 77.72% of the company's total equity [1] Institutional Holdings - As of October 24, 2025, six institutional investors disclosed their holdings in Zhaoxun Media, with a combined shareholding of 316 million shares, accounting for 77.72% of the total share capital [1] - The institutional holding ratio increased by 0.21 percentage points compared to the previous quarter [1] Public Fund Holdings - Two public funds increased their holdings during this period, with a total increase in shareholding ratio of 0.68% [1] - A total of 65 public funds did not disclose their holdings in this quarter, including notable funds such as Huaxia Zhisheng New Star Stock A and Huaxia National Certificate Free Cash Flow ETF [1]

Group 1 - The core point of the article is the disclosure of institutional and foreign investor holdings in Gaolan Co., Ltd. (300499.SZ) as of October 24, 2025, indicating a decline in institutional ownership compared to the previous quarter [1][2] Group 2 - As of October 24, 2025, five institutional investors hold a total of 12.688 million shares of Gaolan Co., representing 4.16% of the total share capital, which is a decrease of 4.92 percentage points from the previous quarter [1] - The disclosed institutional investors include Hong Kong Central Clearing Limited, UBS AG, Goldman Sachs International - Proprietary Capital, Morgan Stanley & Co. International PLC, and the National Social Security Fund 602 Portfolio [1] - In the public fund sector, 67 public funds were disclosed this period, including Guangfa Multi-Factor Mixed Fund, Fortune Optimized Enhanced Bond A/B, and others [1] - One new social security fund disclosed its holdings, which is the National Social Security Fund 602 Portfolio, while one previously disclosed fund, the National Social Security Fund 116 Portfolio, was not reported this period [1]

Group 1 - The core point of the news is that Sifang Co., Ltd. experienced a decline of 5.14% in its stock price, reaching 17.18 yuan per share, with a trading volume of 387 million yuan and a turnover rate of 2.72%, resulting in a total market capitalization of 14.316 billion yuan [1] - Sifang Co., Ltd. specializes in the research, production, sales, and technical services of relay protection, power grid automation, and power plant automation products, with its main business revenue composition being 49.82% from power and industrial automation, 42.94% from power grid automation, and 7.09% from other sources [1] Group 2 - From the perspective of the top ten circulating shareholders of Sifang Co., Ltd., a fund under GF Fund is among the top shareholders. The GF Multi-Factor Mixed Fund (002943) reduced its holdings by 3.7191 million shares in the second quarter, holding 6.1925 million shares, which accounts for 0.76% of the circulating shares, resulting in an estimated floating loss of approximately 5.759 million yuan [2] - The GF Multi-Factor Mixed Fund (002943) has a total asset scale of 12.69 billion yuan and has achieved a return of 28.16% this year, ranking 2629 out of 8254 in its category, with a one-year return of 74.22%, ranking 1079 out of 8037 [2]

Group 1 - The core viewpoint of the news is that Bojun Technology (300926.SZ) has reported its semi-annual results for 2025, revealing significant institutional investor interest and changes in shareholding patterns [1] - As of August 26, 2025, a total of 25 institutional investors hold shares in Bojun Technology, with a combined holding of 123 million shares, representing 28.33% of the total share capital [1] - The top ten institutional investors collectively hold 28.01% of the shares, which is a decrease of 1.98 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, E Fund Kairun Mixed Fund, while E Fund Kexun Mixed Fund saw a slight decrease in holdings [2] - One new public fund, Zhonggeng Small Cap Value Stock, was disclosed this period, while 24 public funds, including GF Multi-Factor Mixed and Fortune Optimized Enhanced Bond A/B, were not disclosed this quarter [2] - For social security funds, the National Social Security Fund 116 Combination increased its holdings by 0.19% compared to the previous period [2]