Core Points - The announcement states that Chen Yunzhong has been appointed as the new fund manager for the Guangfa Baifa Big Data Selected Mixed Fund (001741) effective September 16, 2025, replacing Wang Haitao [1] - As of September 15, 2025, the net value of the fund was 1.1430, reflecting a daily increase of 0.35% and a yearly increase of 23.04% [1] Fund Manager Background - Chen Yunzhong is a Chinese national with a master's degree, having previously worked as a researcher at Shanghai Nantou Asset Management Co., Ltd. and Shanghai Nanyao Asset Management Center [1] - He joined Guangfa Fund Management Co., Ltd. in February 2019 and has held various positions, including industry researcher and fund manager for multiple funds since 2021 [1] Fund Performance - The following are the public funds managed by Chen Yunzhong along with their performance: - Guangfa Small and Medium Cap Selected Mixed A (005598): 41.37% return since September 28, 2021 [1] - Guangfa Technology Power Stock (005777): 57.15% return since May 31, 2024 [1] - Guangfa Small Cap Growth Mixed (LOF) C (009132): 20.03% return since March 25, 2025 [1] - Guangfa Small and Medium Cap Selected Mixed C (013955): 32.21% return since October 27, 2021 [1] - Guangfa Growth Start Mixed A (018835): 131.16% return since March 19, 2024 [1] - Guangfa Growth Start Mixed C (018836): 130.15% return since March 19, 2024 [1] - Guangfa Small Cap Growth Mixed (LOF) A (162703): 20.26% return since March 25, 2025 [1] Stock Performance Review - The Guangfa Small and Medium Cap Selected Mixed A fund added Cambricon Technologies in Q3 2024 at an average price of 233.11 and held it for two quarters, exiting in Q1 2025 at an average price of 681.59, resulting in an estimated return of 192.39% [1]

Group 1 - The core viewpoint of the news is that 德业股份 (605117.SH) has reported its half-year results for 2025, highlighting significant institutional investor interest and changes in shareholding patterns [1] - As of August 25, 2025, a total of 92 institutional investors hold shares in 德业股份, with a combined holding of 431 million shares, representing 47.69% of the total share capital [1] - The top ten institutional investors collectively hold 45.08% of the shares, with a slight decrease of 0.70 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, four public funds increased their holdings compared to the previous period, with an increase rate of 1.03% [2] - One new public fund, 南华中证杭州湾区ETF, was disclosed in this period, while 169 public funds were not disclosed compared to the previous quarter [2] - In terms of foreign investment, one foreign fund, 香港中央结算有限公司, increased its holdings, with an increase rate of 1.05% [2]

Group 1 - Trina Solar (688599.SH) reported its semi-annual results for 2025, with 21 institutional investors holding a total of 1.006 billion shares, representing 46.14% of the company's total share capital as of August 22, 2025 [1] - The top ten institutional investors collectively hold 45.83% of the shares, with a slight decrease of 0.46 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, four funds increased their holdings, accounting for a 0.90% increase, while two funds saw a slight decrease in holdings [2] - Seven new public funds were disclosed during this period, including several ETFs focused on the Sci-Tech Innovation Board [2] - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.60% compared to the previous quarter [2]