Core Insights - Shield Environment (002011.SZ) reported its Q3 2025 results, revealing that as of October 24, 2025, institutional investors held a total of 547 million shares, accounting for 51.30% of the company's total equity [1] - The proportion of shares held by institutional investors decreased by 5.98 percentage points compared to the previous quarter [1] Institutional Holdings - Eight institutional investors disclosed their holdings in Shield Environment, including Zhuhai Gree Electric Appliances Co., Ltd., Zijin Mining Investment (Shanghai) Co., Ltd., and China Life Insurance Co., Ltd. [1] - The public fund sector saw a decrease in holdings from one public fund, specifically the Southern CSI 1000 ETF, with a slight decline in shareholding [1] - A total of 222 public funds did not disclose their holdings this quarter, including notable funds such as Invesco Great Wall Energy Infrastructure Mixed A and Harvest CSI 1000 ETF [1] Social Security Fund and Insurance Holdings - One social security fund, the National Social Security Fund 113 Portfolio, reduced its holdings by 2.72% compared to the previous quarter, while a new fund, the National Social Security Fund 104 Portfolio, was disclosed [2] - One insurance company, China Life Insurance Co., Ltd., increased its holdings by 0.2% [2] - Foreign investment saw an increase from Hong Kong Central Clearing Limited, which raised its holdings by 0.64% [2]

Core Viewpoint - Daimei Co., Ltd. experienced a stock price increase of 5.42%, reaching 7.00 CNY per share, with a trading volume of 305 million CNY and a market capitalization of 15.04 billion CNY as of October 13 [1] Company Overview - Daimei Co., Ltd. is located in the Pudong New District of Shanghai and was established on February 20, 2001, with its listing date on July 28, 2017 [1] - The company's main business involves the research, production, and sales of automotive parts, with revenue composition as follows: sun visors 61.75%, headrests 18.86%, roof and roof system integration products 9.45%, roof central controllers 8.22%, others (supplementary) 1.22%, and other 0.49% [1] Shareholder Information - Among the top ten circulating shareholders of Daimei Co., Ltd., one fund from GF Fund Management, the GF Steady Growth Mixed A (270002), increased its holdings by 3.2 million shares in Q2, now holding 15.5 million shares, which is 0.72% of the circulating shares [2] - The estimated floating profit from this investment is approximately 5.58 million CNY [2] Fund Performance - The GF Steady Growth Mixed A (270002) has a total asset scale of 10.893 billion CNY and has achieved a year-to-date return of 13.1%, ranking 5580 out of 8234 in its category [2] - Over the past year, the fund has returned 10.15%, ranking 5705 out of 8083, and since its inception, it has returned 1203.02% [2] Fund Manager Information - The fund manager of GF Steady Growth Mixed A is Fu Youxing, who has been in the position for 12 years and 254 days, with a best fund return of 166.48% and a worst return of -13.8% during his tenure [3] - Another fund manager, Zhou Zhishuo, has been managing a total asset scale of 19.1 billion CNY for 5 years and 27 days, with a best return of 47.06% and a worst return of -24.96% [3] Top Holdings - The GF Value Driven Mixed A (011427) fund also holds Daimei Co., Ltd. as one of its top ten holdings, having increased its position by 166,700 shares in Q2, now holding 1.5615 million shares, which constitutes 3.56% of the fund's net value [4] - The estimated floating profit from this position is around 562,100 CNY [4] Additional Fund Manager Information - The fund manager for GF Value Driven Mixed A is Cheng Kun, who has been in the role for 12 years and 254 days, managing a total asset scale of 4.575 billion CNY, with a best return of 234.59% and a worst return of 0.88% during his tenure [5]

Core Viewpoint - Qiaqia Food (002557.SZ) reported its semi-annual results for 2025, highlighting significant institutional ownership and changes in fund holdings [1][2]. Group 1: Institutional Ownership - As of August 21, 2025, 19 institutional investors held a total of 272 million shares of Qiaqia Food, representing 53.87% of the company's total share capital [1]. - The top ten institutional investors collectively held 53.50% of the shares, with a decrease of 2.67 percentage points compared to the previous quarter [1]. Group 2: Public Fund Holdings - Two public funds increased their holdings in Qiaqia Food, accounting for a 0.17% increase, while two funds reported a slight decrease in holdings [2]. - Eight new public funds disclosed their holdings in Qiaqia Food, including notable names such as Xingzheng Global XinYue Mixed Fund and Southern CSI 1000 ETF [2]. - Nine public funds that previously held shares did not disclose their holdings this quarter, including prominent funds like GF Stable Growth Mixed Fund and Southern CSI 500 ETF [2]. Group 3: Social Security Fund and Foreign Investment - One new social security fund, the National Social Security Fund 101 Portfolio, disclosed its holdings in Qiaqia Food, while one fund, the National Social Security Fund 115 Portfolio, was not disclosed this quarter [2]. - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings slightly compared to the previous period [2].

Core Viewpoint - Zhejiang Weixing Industrial Development Co., Ltd. has experienced a decline in stock price over three consecutive trading days, with a cumulative drop of -1.27% as of June 30 [1] Company Overview - Founded in 1988, Zhejiang Weixing specializes in apparel and bag accessories, including buttons, zippers, metal products, plastic products, webbing, ropes, and labels [1] - The company is a leading player in China's apparel accessories industry and holds significant positions in various industry associations, including being the vice president unit of the China Daily Goods Industry Association's Button Branch and the vice president of the China Hardware Products Association's Zipper Branch [1] - Weixing is recognized as the first publicly listed company in the button and zipper industry in China and is a key contributor to the drafting of industry standards [1] Financial Performance - According to financial reports, GF Fund's "GF Stable Growth Mixed A" is among the top ten shareholders of Weixing, having increased its holdings in the first quarter of this year [1] - The fund has achieved a year-to-date return of 2.46%, ranking 16th out of 59 in its category [1]

Company Overview - Zhejiang Jiuli Special Materials Co., Ltd. specializes in the research and production of industrial stainless steel and special alloy pipes, bars, wires, bimetallic composite pipes, and related fittings [1] Stock Performance - Jiuli Special Materials has experienced a decline for four consecutive trading days, with a cumulative drop of -2.77% [1] - The company's stock has shown a year-to-date return of 2.47%, ranking 22nd out of 59 in its category [2] Shareholder Information - GF Fund's Guangfa Stable Growth Mixed A is among the top ten shareholders of Jiuli Special Materials and has increased its holdings in the first quarter of this year [1] Fund Manager Profile - The fund manager of Guangfa Stable Growth Mixed A is Fu Youxing, who has extensive experience in fund management and holds a master's degree in economics [4][5] - Fu Youxing has managed various funds since 2013 and currently oversees multiple funds at GF Fund Management Co., Ltd. [6] Fund Performance Comparison - The fund's performance in recent periods includes a near-term return of -0.15% over the past week and a 2.20% return over the past six months, compared to an average of 0.60% and -3.26% for the CSI 300 index respectively [2]