Core Insights - Jiuquan Technology (688391.SH) reported its Q3 2025 results on October 31, 2025, highlighting significant institutional investor activity [1] Institutional Holdings - As of October 30, 2025, seven institutional investors disclosed holdings in Jiuquan Technology A-shares, totaling 53.9583 million shares, which represents 46.85% of the company's total equity [1] - The institutional investor group includes Jiuquan Technology (Hong Kong) Co., Ltd., Dongsheng Investment Co., Ltd., GaoHua Investment Co., Ltd., Juchuang Integrated Circuit Design Co., Ltd., Wanjun Industrial Co., Ltd., Guojin 300 Index Enhanced A, and China Merchants National Certificate 2000 Index Enhanced A [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 2.20 percentage points [1] Public Fund Activity - In this reporting period, two public funds increased their holdings compared to the previous period, namely Guojin 300 Index Enhanced A and China Merchants National Certificate 2000 Index Enhanced A, with a slight increase in holding percentage [1] - A total of 65 public funds that were previously disclosed did not report their holdings this quarter, including notable funds such as Baodao Growth Zhihang Stock A, Baodao Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A, and others [1]

Group 1 - The core point of the news is the performance and market position of Aihua Group, which saw a stock price increase of 5.11% to 18.73 CNY per share, with a total market capitalization of 7.513 billion CNY [1] - Aihua Group, established on December 29, 1993, and listed on May 15, 2015, specializes in the production and sales of capacitors, capacitor raw materials, and related equipment [1] - The revenue composition of Aihua Group includes: industrial control/new energy 49.04%, consumer power/electronics 34.36%, lighting 12.60%, others 2.68%, and electrolytic foil 1.32% [1] Group 2 - From the perspective of major shareholders, a fund under China Merchants Fund, the "China Merchants Quantitative Selected Stock A" (001917), increased its holdings by 1.5575 million shares in the second quarter, holding a total of 2.7574 million shares, accounting for 0.69% of the circulating shares [2] - The fund has achieved a year-to-date return of 36.6% and a one-year return of 74.15%, ranking 762 out of 4222 and 938 out of 3798 respectively [2] - The fund manager, Wang Ping, has a tenure of 15 years and has achieved a best fund return of 267.21% during his management period [3] Group 3 - Another fund under China Merchants Fund, the "China Merchants National Index 2000 Enhanced A" (018786), held 55,600 shares of Aihua Group in the second quarter, representing 0.69% of the fund's net value [4] - This fund has achieved a year-to-date return of 32.99% and a one-year return of 72.19%, ranking 1007 out of 4222 and 1000 out of 3798 respectively [4] - The fund manager, Deng Tong, has a tenure of 3 years and has achieved a best fund return of 68.53% during his management period [5]

Group 1 - Junya Technology (603386.SH) released its semi-annual report for 2025, showing that as of August 21, 2025, 10 institutional investors held a total of 198 million shares, accounting for 60.82% of the total share capital [1] - The top ten institutional investors include Junya Enterprises Limited, Gongqingcheng Yuying Private Fund Management Partnership (Limited Partnership) - Yuying Semiconductor Selected Private Securities Investment Fund, and others, with their combined holding ratio increasing by 2.14 percentage points compared to the previous quarter [1] - Four new public funds were disclosed this period compared to the previous quarter, including the China Merchants Quantitative Selected Stock Initiation A and others [1] Group 2 - In terms of foreign investment, one foreign fund, UBS AG, increased its holdings slightly this period, while one new foreign institution, Goldman Sachs International - proprietary funds, was disclosed [2]

Group 1 - The core point of the news is that the招商国证2000指数增强A fund has experienced a decline of 1.15% on May 15, with a cumulative drop of 1.29% over three trading days, despite having a total return of 16.43% since its establishment in August 2023 [1] - As of the end of 2024, the fund has a total size of 0.48 billion yuan, with institutional investors holding 0.25 billion shares (39.64% of total shares) and individual investors holding 0.38 billion shares (60.36% of total shares) [1] Group 2 - The current fund manager, 邓童, has extensive experience in risk management and quantitative investment, having joined 招商基金 in March 2011 and managing multiple funds since then [2] - As of March 31, 2025, the top ten holdings of the fund account for a total of 5.68%, with individual companies like 新北洋 and 海能实业 having the largest shares at 0.69% and 0.60% respectively [3]