本报记者 彭衍菘 今年以来，此前鲜少分红的成长风格基金动作频频。Wind资讯数据显示，截至11月19日，年内已有48只成长型基金（统计 全部份额）实施分红，累计分红金额达35.56亿元，其中有25只为近三年来首次实施分红。 例如，11月19日，易方达基金宣布旗下易方达价值成长混合、易方达策略成长二号混合等权益类产品近日实施分红。华泰 柏瑞基金、天弘基金、万家基金等公募机构也在近期宣布旗下部分主动权益基金进行分红。 此外，知名基金经理陈皓管理的易方达平稳增长混合、易方达科翔混合同样于11月份宣布分红，而这两只基金均为近3年 以来首度分红。 "成长风格基金以往聚焦'复利增长'，分红相对较少，今年以来多只成长风格主动权益基金分红，部分甚至是近几年的首次 分红，反映出基金公司从'重规模'开始向'重回报'转变。"陕西巨丰投资资讯有限责任公司高级投资顾问陈宇恒向《证券日报》 记者表示。 从分红资金来源看，成长风格基金分红多依赖股票卖出实现的价差收益，而非高股息策略基金的成分股股息收入。这与宽 基指数基金和红利主题基金的分红来源形成鲜明对比。 Wind资讯数据显示，截至11月19日，超98%的成长风格基金年内实现净值正增长 ...

Core Insights - The report indicates that as of October 27, 2025, there is only one institutional investor holding shares in Yinghantong (688080.SH), with a total holding of 827,200 shares, representing 1.12% of the company's total equity [1] - The institutional holding percentage has decreased by 5.02 percentage points compared to the previous quarter [1] Institutional Holdings - The sole institutional investor is Changzhou DFJ Clean Technology Venture Capital Center (Limited Partnership) [1] - The total institutional holding ratio is now at 1.12% [1] Public Fund Participation - A total of 85 public funds were disclosed this quarter, including notable funds such as E Fund Value Growth Mixed, Southern Sci-Tech Innovation Board 3-Year Fixed Mixed, and Huashang Leading Enterprises Mixed [1] Social Security Fund Involvement - There is one newly disclosed social security fund this quarter, which is the National Social Security Fund 502 Portfolio [1]

Core Points - The stock price of Beijing Yingtong Network Technology Co., Ltd. increased by 5.11% to 53.48 CNY per share, with a trading volume of 54.26 million CNY and a turnover rate of 1.41%, resulting in a total market capitalization of 3.939 billion CNY [1] Company Overview - Beijing Yingtong Network Technology Co., Ltd. was established on May 29, 2001, and went public on February 12, 2020. The company specializes in the research and application of industrial Internet of Things (IoT) technology [1] - The revenue composition of the company's main business includes: 52.00% from industrial IoT products, 16.17% from smart vending control systems, 15.15% from digital power distribution products, 13.96% from enterprise network products, and 2.72% from technical services and others [1] Shareholder Information - E Fund's Value Growth Mixed Fund (110010) entered the top ten circulating shareholders of Yingtong, holding 800,100 shares, which accounts for 1.08% of the circulating shares. The estimated floating profit today is approximately 2.08 million CNY [2] - The E Fund Value Growth Mixed Fund was established on April 2, 2007, with a latest scale of 2.628 billion CNY. Year-to-date returns are 29.49%, ranking 2700 out of 8154 in its category; the one-year return is 27.07%, ranking 2636 out of 8025; and the cumulative return since inception is 147.66% [2]

Company Overview - Beijing Yingtong Network Technology Co., Ltd. is located in Chaoyang District, Beijing, and was established on May 29, 2001. The company went public on February 12, 2020. Its main business involves the research and application of industrial Internet of Things (IoT) technology [1]. - The revenue composition of the company includes: 52.00% from industrial IoT products, 16.17% from intelligent vending control systems, 15.15% from digital distribution network products, 13.96% from enterprise network products, and 2.72% from technical services and others [1]. Stock Performance - On September 11, the stock price of Yingtong increased by 5.14%, reaching 56.30 CNY per share, with a trading volume of 153 million CNY and a turnover rate of 3.77%. The total market capitalization is 4.158 billion CNY [1]. Shareholder Information - Yingtong's top circulating shareholder includes a fund from E Fund Management. The E Fund Value Growth Mixed Fund (110010) entered the top ten circulating shareholders in the second quarter, holding 800,100 shares, which accounts for 1.08% of the circulating shares. The estimated floating profit today is approximately 2.2003 million CNY [2]. - The E Fund Value Growth Mixed Fund (110010) was established on April 2, 2007, with a latest scale of 2.628 billion CNY. Year-to-date returns are 23.14%, ranking 3245 out of 8175 in its category; the one-year return is 51.7%, ranking 2547 out of 7982; and since inception, the return is 135.51% [2]. Fund Management - The fund manager of E Fund Value Growth Mixed Fund (110010) is Lin Hai, who has a cumulative tenure of 20 years and 227 days. The total asset scale of the fund is 2.684 billion CNY, with the best fund return during his tenure being 8.66% and the worst being -28.32% [3].

Group 1 - The core viewpoint of the news is the disclosure of military trust shares' half-year report for 2025, highlighting significant institutional ownership and changes in public fund holdings [1][2] Group 2 - As of August 27, 2025, a total of 15 institutional investors hold 508 million shares of military trust, accounting for 64.32% of the total share capital [1] - The top ten institutional investors collectively hold 63.64% of the shares, with a slight decrease of 0.26 percentage points compared to the previous quarter [1] Group 3 - Three new public funds disclosed their holdings in military trust this period, including E Fund Value Growth Mixed, Southern CSI 1000 ETF, and CMB CSI Shanghai Environmental Exchange Carbon Neutrality ETF [1] - Two public funds were no longer disclosed compared to the previous quarter, namely GF Technology Innovation Mixed A and GF Growth Navigation One-Year Holding Mixed A [1] Group 4 - One new social security fund disclosed its holdings in military trust, specifically the National Social Security Fund 502 Portfolio [2] - One insurance fund increased its holdings, namely Ruizhong Life Insurance Co., Ltd. - Own Funds, with a slight increase in shareholding [2]

Core Viewpoint - On August 22, 2025, Yinghantong (688080.SH) released its semi-annual report for 2025, indicating a decrease in institutional investor holdings compared to the previous quarter [1] Institutional Holdings - As of August 21, 2025, four institutional investors disclosed holding a total of 3.3908 million shares of Yinghantong, representing 4.59% of the total share capital [1] - The institutional investor group includes Changzhou Defengjie Clean Technology Venture Capital Center (Limited Partnership), National Social Security Fund 502 Portfolio, Industrial and Commercial Bank of China - E Fund Value Growth Mixed Securities Investment Fund, and Xinyuan Technology Innovation Mixed A [1] - The total institutional holding percentage decreased by 0.65 percentage points compared to the previous quarter [1] Public Fund Holdings - Two new public funds disclosed holdings in Yinghantong this period, namely E Fund Value Growth Mixed and Xinyuan Technology Innovation Mixed A [1] - One public fund, Galaxy Regular Investment Treasure Tencent Jiaan Index, was not disclosed in this period, indicating a reduction in public fund participation [1] Social Security Fund Holdings - One new social security fund disclosed its holdings in Yinghantong, specifically the National Social Security Fund 502 Portfolio [1]