Group 1 - The core point of the news is that Baoland's stock price dropped by 5.06% to 29.85 CNY per share, with a total market capitalization of 2.32 billion CNY as of the report date [1] - Baoland Software Co., Ltd. specializes in middleware software products, cloud management platforms, application performance management software, and intelligent operation and maintenance products, with its main business revenue composition being 46.09% from infrastructure software services, 33.01% from infrastructure software sales, and smaller percentages from other categories [1] Group 2 - From the perspective of major fund holdings, one fund under CITIC Prudential holds Baoland as its ninth largest position, with 79,700 shares, accounting for 0.42% of the fund's net value, resulting in an estimated floating loss of approximately 126,700 CNY [2] - The CITIC Prudential Jingqi Preferred Mixed A Fund (020151) has achieved a year-to-date return of 53.79% and a one-year return of 58.07%, ranking 602 out of 8138 and 508 out of 8055 respectively [2] Group 3 - The fund manager of CITIC Prudential Jingqi Preferred Mixed A Fund is Wang Ying, who has been in the position for 8 years and 279 days, with the fund's total asset size at 4.904 billion CNY [3] - During Wang Ying's tenure, the best fund return was 52.85%, while the worst return was -8.42% [3]

Core Viewpoint - Baolande's stock price has shown fluctuations with a year-to-date increase of 10.55%, but recent trends indicate a decline over various time frames, raising concerns about its performance in the market [1][2]. Company Overview - Beijing Baolande Software Co., Ltd. was established on March 27, 2008, and went public on November 1, 2019. The company specializes in middleware software products, cloud management platforms, and intelligent operation and maintenance products [2]. - The revenue composition of Baolande includes: 46.09% from infrastructure software services, 33.01% from infrastructure software sales, 15.39% from intelligent operation and maintenance software services, 2.72% from intelligent operation and maintenance software sales, 1.49% from AI big data software, 0.69% from AI big data software services, and 0.60% from other sources [2]. Financial Performance - For the period from January to September 2025, Baolande reported a revenue of 138 million yuan, a year-on-year decrease of 31.83%. The net profit attributable to the parent company was -92.6044 million yuan, reflecting a year-on-year decline of 68.82% [2]. - Since its A-share listing, Baolande has distributed a total of 115 million yuan in dividends, with 14.0939 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, Baolande had 5,509 shareholders, an increase of 3.40% from the previous period. The average number of circulating shares per person was 14,109, a decrease of 3.29% [2]. - The top ten circulating shareholders include Jin Ying Technology Innovation Stock A and Jin Ying Small and Medium Cap Selected Mixed A, with holdings remaining unchanged [3].