Group 1 - The core viewpoint of the article highlights that Huisheng Fund recently conducted research on a listed company, Aibo Medical, which has developed an AI digital fitting system called Puno Tong [1] - Huisheng Fund was established in 2018 and currently manages a total asset scale of 55.648 billion yuan, ranking 84th out of 211 in the public fund industry [1] - The fund's performance is notable, with its best-performing public fund product, Huisheng Huimin Mixed A, showing a net value of 1.22 and a growth of 57.3% over the past year [1] Group 2 - The research on Aibo Medical included participation in the company's performance briefing, site visit, and a conference call regarding the Q3 2025 performance [1] - Huisheng Fund manages a total of 45 public funds, ranking 109th out of 211, and has 11 fund managers, ranking 104th out of 211 [1]

Core Insights - Haiyang Technology (603382.SH) reported its Q3 2025 results on October 30, 2025, highlighting significant institutional investor interest with 32 institutions holding a total of 60.917 million shares, representing 33.61% of the total share capital [1] Institutional Holdings - The top ten institutional investors include Ganzhou Chengyou Investment Center, Linglong Tire Co., Ltd., Hengshen Holdings Group Co., Ltd., Fujian Jinjiang Yingshi Venture Capital Partnership, Fujian Zhongshen Construction Development Co., Ltd., J.P. Morgan Securities PLC, Guotai Asset Management, Jianxin Asset Management, Eastmoney Sci-Tech Innovation Index ETF, and Guotou Ruijin UBS CSI Resource Index (LOF) A, collectively holding 33.61% of shares [1] - Compared to the previous quarter, the combined holding percentage of the top ten institutions decreased by 0.87 percentage points [1] Public Fund Participation - In this reporting period, 2,093 public funds were disclosed, including notable funds such as Nu'an Flexible Allocation Mixed Fund, Guolian An Core Trend One-Year Holding Mixed A, Huisheng Huimin Mixed A, Bank of China Healthcare Mixed A, and Baoying Consumption Theme Mixed Fund [1]

Group 1 - The core focus of the article is on the recent research conducted by Huisheng Fund on a listed company, Juguang Technology, which specializes in semiconductor laser components and related products [1] - Juguang Technology's main products include semiconductor laser components, laser optical components, automotive application modules, and health care modules [1] - The company has developed two new types of fiber optic components, with the gain value of fiber amplifiers improved from 20-25 dB to a groundbreaking 40-50 dB [1] - Juguang Technology has also made significant investments in the storage chip wafer annealing module business [1] Group 2 - Huisheng Fund was established in 2018 and currently manages a total asset scale of 57.277 billion yuan, ranking 81st out of 210 in the public fund management industry [1] - The fund's non-monetary public fund asset scale is 57.275 billion yuan, ranking 69th out of 210 [1] - Huisheng Fund manages 45 public funds, ranking 109th out of 210, with 11 fund managers, ranking 102nd out of 210 [1] - The best-performing public fund product in the past year is Huisheng Huimin Mixed A, with a latest unit net value of 1.11 and a growth of 56.17% over the past year [1]