Group 1 - Zhongheng Electric (002364.SZ) released its semi-annual report for 2025 on August 21, 2025, indicating that as of August 20, 2025, 11 institutional investors disclosed holding A-shares of Zhongheng Electric, totaling 220 million shares, which accounts for 39.02% of the total share capital [1] - The top ten institutional investors include Hangzhou Zhongheng Technology Investment Co., Bank of China - Morgan Stanley Digital Economy Mixed Securities Investment Fund, Hong Kong Central Clearing Limited, and others, with the top ten investors collectively holding 39.01% of the shares, an increase of 0.32 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, namely Morgan Stanley Digital Economy Mixed A, with an increase of 0.52% [2] - Three public funds reduced their holdings compared to the previous quarter, including Debon Xinxing Value A, Debon Fuxin A, and Jiahe Ruijin Mixed A, with a total reduction of 0.39% [2] - Four new public funds were disclosed this period, including Guoshou Anbao Low Carbon Economy Mixed A, Morgan Stanley Technology Leading Mixed A, Morgan Stanley Basic Industry Mixed, and Guoshou Anbao Jingchen 6-Month Holding Period Mixed A [2] - One new foreign institution disclosed this period, which is Hong Kong Central Clearing Limited [2]

Core Viewpoint - The article provides a ranking of open-end funds based on their net asset value growth, highlighting the top and bottom performers in the market as of July 28, 2025 [2][4]. Fund Performance Summary Top 10 Funds - The top 10 funds with the highest net value growth on July 28, 2025, include: 1. 泰信汇盈债券A: Unit Net Value 1.3064, Cumulative Net Value 1.3760, Daily Growth 27.75% 2. 泰信汇盈债券C: Unit Net Value 1.1155, Cumulative Net Value 1.1851, Daily Growth 7.74% 3. 德邦鑫星价值A: Unit Net Value 2.1317, Cumulative Net Value 2.2697 4. 德邦鑫星价值C: Unit Net Value 2.0496, Cumulative Net Value 2.1976 5. 信澳业绩驱动混合A: Unit Net Value 0.9926, Cumulative Net Value 0.9926 6. 信澳业绩驱动混合C: Unit Net Value 0.9751, Cumulative Net Value 0.9751 7. 东兴数字经济混合发起C: Unit Net Value 1.1123, Cumulative Net Value 1.1123 8. 东兴数字经济混合发起A: Unit Net Value 1.1140, Cumulative Net Value 1.1140 9. 信澳转型创新股票C: Unit Net Value 1.0330, Cumulative Net Value 1.0330 10. 信澳转型创新股票A: Unit Net Value 1.0520, Cumulative Net Value 1.0520 [2][4]. Bottom 10 Funds - The bottom 10 funds with the lowest net value growth on July 28, 2025, include: 1. 恒生前海恒源昭利债券E: Unit Net Value 1.2406, Cumulative Net Value 1.2406 2. 国泰中证煤炭ETF: Unit Net Value 1.0823, Cumulative Net Value 2.4246 3. 招商中证煤炭等权指数C: Unit Net Value 1.9518, Cumulative Net Value 1.9518 4. 招商中证煤炭等权指数E: Unit Net Value 1.9423, Cumulative Net Value 1.9423 5. 招商中证煤炭等权指数A: Unit Net Value 1.9594, Cumulative Net Value 1.3858 6. 国联煤炭C: Unit Net Value 1.7540, Cumulative Net Value 1.7540 7. 富国中证煤炭指数C: Unit Net Value 1.9060, Cumulative Net Value 1.9060 8. 国联煤炭A: Unit Net Value 1.7680, Cumulative Net Value 1.7680 9. 国泰中证煤炭ETF联接C: Unit Net Value 1.9107, Cumulative Net Value 2.2817 10. 国泰中证煤炭ETF联接E: Unit Net Value 1.9374, Cumulative Net Value 1.9374 [4][5]. Market Analysis - The Shanghai Composite Index showed a slight recovery, with a trading volume of 1.76 trillion, and the number of advancing stocks outnumbered declining ones at 2781 to 2438. The leading sectors included insurance, components, and communication equipment, with gains exceeding 2% [7].

Group 1 - The core viewpoint of the articles highlights a significant positive performance in stock and mixed funds, with 96.91% achieving positive returns on May 6, 2023, and 602 funds exceeding a 3% return [1][2][4] - The Shanghai Composite Index rose by 1.13% to close at 3316.11 points, while the Shenzhen Component Index increased by 1.84%, the ChiNext Index by 1.97%, and the STAR 50 Index by 1.39% [1][2] - Among the top-performing sectors, the computer, communication, and comprehensive industries saw increases of 3.65%, 3.59%, and 3.38% respectively, while the banking sector experienced a slight decline of 0.13% [1][2] Group 2 - The top fund by net value growth rate on May 6 was Debon Xinxing Value A, with a growth rate of 6.75%, followed closely by Debon Xinxing Value C at 6.74% and Yongying Digital Economy Select Mixed Initiation C at 6.73% [2][3] - A total of 33 funds from Huaxia Fund, 29 from E Fund, and 25 from Guotai Fund were among those with net value growth rates exceeding 3% [1][2] - The fund types with the highest net value growth rates included 242 index stock funds, 226 equity funds, and 89 flexible allocation funds [1][2] Group 3 - The fund with the largest net value decline was AVIC Optimal Navigation Mixed Initiation C, which fell by 2.30%, followed by AVIC Optimal Navigation Mixed Initiation A at 2.29% [2][4] - Other notable declines included Changjin Hexin Medical Care Stock C and A, with declines of 1.36% and 1.35% respectively [2][4] - The articles provide a detailed ranking of funds based on their net value growth and decline, showcasing the performance of various funds and their respective management companies [2][4][5]

Core Viewpoint - The article provides a ranking of open-end funds based on their net asset value growth, highlighting the top and bottom performers in the market [2][4][6]. Fund Performance Summary - The top 10 funds with the highest net value growth as of May 6, 2025, include: 1. 德邦鑫星价值A (1.4682) 2. 德邦鑫星价值C (1.4119) 3. 永赢数字经济智选混合发起C (1.0368) 4. 永赢数字经济智选混合发起A (1.0452) 5. 信澳匠心回报混合A (1.3803) 6. 信澳匠心回报混合C (1.3669) 7. 易方达先锋成长混合C (0.9778) 8. 易方达先锋成长混合A (0.9921) 9. 易方达瑞享混合I (2.8476) 10. 易方达瑞享混合E (2.3079) [2][4]. - The bottom 10 funds with the lowest net value growth include: 1. 中航优选领航混合发起C (1.3939) 2. 中航优选领航混合发起A (1.3971) 3. 创金合信医疗保健股票C (1.6551) 4. 创金合信医疗保健股票A (1.7250) 5. 诺安精选价值混合 (1.4247) 6. 诺安精选价值混合C (1.4177) 7. 长城医药产业精选混合发起式A (1.4219) 8. 中银证券健康产业混合 (2.0409) 9. 长城医药产业精选混合发起式C (1.4181) 10. 富国精准医疗灵活配置混合C (2.7876) [4][6]. Market Analysis - The Shanghai Composite Index opened high and showed a single upward trend, closing with a small gain, while the ChiNext Index also rebounded after initial fluctuations, indicating a positive market sentiment with a total transaction volume of 1.36 trillion [6]. - Leading sectors included mineral products, software services, and communication equipment, all showing gains of over 3%, while banking and oil sectors lagged behind [6]. Fund Holdings Overview - The top holdings of the funds with significant net value growth include companies in the technology and communication sectors, with a notable concentration in the top ten holdings, which accounted for 57.94% of the total holdings [7]. - Conversely, funds with lower performance showed a high concentration in the pharmaceutical sector, with the top ten holdings making up 82.19% of the total holdings, indicating a risk in sector concentration [7].

公募基金方面本期较上一季度持股减少的公募基金共计1个，即鹏华国证2000指数增强A，持股减少占 比小幅下跌。本期较上一季度新披露的公募基金共计26个，主要包括景顺长城研究精选股票A、德邦鑫 星价值A、大成中证360互联网+指数A、兴全合丰三年持有混合、博时创新精选混合A等。本期较上一 季未再披露的公募基金共计1个，即长信先进装备三个月持有混合A。 2025年4月22日，中恒电气(002364.SZ)发布2024年年度报告。截至2025年4月21日，共有30个机构投资 者披露持有中恒电气A股股份，合计持股量达2.14亿股，占中恒电气总股本的38.01%。其中，前十大机 构投资者包括杭州中恒科技投资有限公司、中国建设银行股份有限公司-景顺长城研究精选股票型证券 投资基金、交通银行股份有限公司-德邦鑫星价值灵活配置混合型证券投资基金、CITIGROUP GLOBAL MARKETS LIMITED、大成中证360互联网+指数A、兴全合丰三年持有混合、博时创新精选混合A、兴 全多维价值混合A、博时数字经济混合A、中欧嘉选混合A，前十大机构投资者合计持股比例达 37.73%。相较于上一季度，前十大机构持股比例合计下跌了 ...