Core Viewpoint - The report indicates a decline in institutional ownership in Jushi Holdings (002342.SZ) for the third quarter of 2025, with a total institutional holding of 192 million shares, representing 20.03% of the total share capital, down by 2.99 percentage points from the previous quarter [1] Institutional Ownership - As of October 27, 2025, there is one institutional investor holding shares in Jushi Holdings, which is Jushi Group Co., Ltd [1] - The total institutional holding percentage has decreased by 2.99 percentage points compared to the last quarter [1] Public Fund Participation - Four public funds that were not disclosed in the previous quarter are now reported, including CSI 2000, Southern CSI 2000 ETF, Yongying Qiyuan Mixed Initiation A, and Huatai-PineBridge CSI 2000 ETF [1] Foreign Investment - The report notes that foreign institutions such as BARCLAYS BANK PLC and UBS AG have not disclosed their holdings in the current quarter, which were present in the previous quarter [1]

Core Insights - Jianglong Shipbuilding (300589.SZ) released its Q3 2025 report on October 24, 2025, indicating a total institutional holding of 3.56 million shares, representing 0.94% of the company's total equity [1] Institutional Holdings - As of October 23, 2025, there is one institutional investor holding shares in Jianglong Shipbuilding, which is Shanxi Zhenye New Energy Co., Ltd. [1] - The total institutional holding percentage decreased by 0.28 percentage points compared to the previous quarter [1] Public Fund Holdings - In this reporting period, eight public funds were disclosed, which were not reported in the previous quarter [1] - Notable public funds include Yongying Qiyuan Mixed Initiation A, Southern CSI 2000 ETF, Ping An CSI 2000 Enhanced Strategy ETF, Dongfang Quantitative Growth Flexible Allocation Mixed A, and Harvest CSI 2000 ETF [1]

Group 1 - The core point of the news is that Jizhi Co., Ltd. experienced a stock price increase of 5.04%, reaching 41.09 CNY per share, with a trading volume of 142 million CNY and a turnover rate of 4.14%, resulting in a total market capitalization of 4.562 billion CNY [1] - Jizhi Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on June 2, 2004. The company was listed on October 21, 2016, and its main business involves the research, design, production, and sales of fully automatic balancing machines, testing machines, and automation equipment [1] - The revenue composition of Jizhi Co., Ltd. includes 65.02% from balancing machines and accessories, 23.79% from automation equipment and accessories, and 11.20% from software information systems [1] Group 2 - Yongying Fund has one fund that heavily invests in Jizhi Co., Ltd. The Yongying Qiyuan Mixed Initiation A (016560) held 17,700 shares in the second quarter, accounting for 2.89% of the fund's net value, making it the ninth largest holding [2] - The Yongying Qiyuan Mixed Initiation A (016560) was established on August 28, 2023, with a latest scale of 11.4215 million CNY. The fund has achieved a return of 8.43% this year, ranking 6061 out of 8174 in its category, and a return of 30.55% over the past year, ranking 5181 out of 7982 [2]

Core Viewpoint - The report indicates a significant increase in institutional ownership of Jizhi Co., Ltd. (300553.SZ), reflecting growing investor confidence in the company [1] Institutional Ownership - As of August 22, 2025, seven institutional investors disclosed holding a total of 11.48 million shares of Jizhi Co., Ltd., accounting for 10.34% of the total share capital [1] - The institutional ownership increased by 3.44 percentage points compared to the previous quarter [1] Public Fund Disclosure - Two new public funds were disclosed in this reporting period compared to the previous quarter, including Yongying Qiyuan Mixed Initiation A and Jinyuan Shun'an Growth Dynamic Flexible Allocation Mixed [1]

Core Insights - The report provides an overview of the performance and investment strategy of the Yongying Qiyuan Mixed Initiation Securities Investment Fund for the second quarter of 2025, highlighting its focus on long-term stable asset value growth through diversified investment strategies [1][4]. Fund Overview - Fund Name: Yongying Qiyuan Mixed Initiation Fund - Fund Manager: Yongying Fund Management Co., Ltd. - Fund Custodian: China Construction Bank Co., Ltd. - Total Fund Shares at Period End: 25,018,169.05 shares [1]. - Investment Objective: To achieve long-term stable appreciation of net asset value while controlling investment portfolio risks [1]. Performance Metrics - Net Value Growth Rate for Class A: 9.67% over the past three months, 6.72% over six months, and 22.89% over the past year [1][4]. - Net Value Growth Rate for Class C: 9.54% over the past three months, 6.47% over six months, and 22.20% over the past year [4]. - Performance Benchmark: The fund aims to outperform a benchmark composed of 60% CSI 300 Index, 20% Hang Seng Index, and 20% China Bond Composite Index [1]. Investment Strategy - The fund employs a diversified investment strategy, including macroeconomic analysis, monetary and fiscal policy research, and various asset allocation strategies such as equity, fixed income, and convertible bonds [1]. - Focus areas include deep-sea technology, with specific attention to deep-sea materials, detection, applications, and infrastructure [4]. Portfolio Composition - As of the report period, the fund's total assets included approximately 61.10% in stocks and 0.66% in bonds [6]. - The fund did not hold any investments in Hong Kong Stock Connect stocks or asset-backed securities during the reporting period [6]. Fund Share Changes - Class A shares increased from 10,432,984.64 to 11,225,640.13 during the reporting period, while Class C shares increased from 166,503.45 to 13,792,528.92 [6][7]. - Total subscriptions for Class A were 1,060,479.14 shares, and for Class C, 22,730,774.72 shares, with total redemptions of 267,823.65 and 9,104,749.25 shares respectively [6].