养老金视角，本期较上一期持股增加的养老金基金共计1个，即基本养老保险基金二一零一组合，持股 增加占比达0.1%。 险资方向，本期较上一期持股增加的险资共计2个，包括中国平安人寿保险股份有限公司-投连-个险投 连、瑞众人寿保险有限责任公司-自有资金，持股增加占比达0.6%。 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 2025年8月23日，国能日新(301162.SZ)发布2025年半年度报告。截至2025年8月22日，共有21个机构投 资者披露持有国能日新A股股份，合计持股量达2136.07万股，占国能日新总股本的17.77%。其中，前 十大机构投资者包括安义厚源广汇投资合伙企业(有限合伙)、中国建设银行股份有限公司-诺德价值优势 混合型证券投资基金、中国平安人寿保险股份有限公司-投连-个险投连、基本养老保险基金二一零一组 合、瑞众人寿保险有限责任公司-自有资金、华夏新兴经济一年持有混合A、诺德周期策略混合、广发 新能源精选股票A、诺德价值发现、平安匠心优选混合A，前十大机构投资者合计持股比例达16.75%。 相较于上一季度，前十大机构持股比例合计下跌了3.58个百分点。 公募基金 ...

Group 1 - The core viewpoint of the article highlights the significant losses faced by investors in the Guangfa Growth Power three-year holding period mixed securities investment fund, with losses exceeding 50% since its inception [1][8] - The fund was launched on July 26, 2022, under the management of renowned fund manager Zheng Chengran, who previously managed a fund with a cumulative return of over 220% [1][3] - Zheng Chengran's investment strategy focuses on analyzing supply and demand dynamics to identify upward turning points for active allocation, aiming to capture the fastest growth phases in cyclical industries [5][12] Group 2 - Despite the initial success, many funds managed by Zheng Chengran, including Guangfa Xingcheng Mixed and Guangfa Chengxiang Mixed, have also experienced significant declines, with losses exceeding 50% [11] - The management scale of Guangfa Fund has decreased from 421.74 billion yuan in Q2 2021 to 148.34 billion yuan in Q1 2025, indicating a substantial reduction in investor confidence [9] - The article notes that Zheng Chengran's previous success was linked to favorable market conditions and strategic investments in the renewable energy sector during a bull market from March 2020 to November 2021 [10]