Core Insights - Maiwei Co., Ltd. (300751.SZ) reported its Q3 2025 results, revealing that 23 institutional investors hold a total of 49.5952 million A-shares, accounting for 17.75% of the company's total share capital [1] - The top ten institutional investors collectively hold 17.48% of the shares, which is a decrease of 2.10 percentage points compared to the previous quarter [1] Institutional Holdings - The number of public funds that increased their holdings this period is 2, including Huatai-PineBridge CSI Photovoltaic Industry Index Enhanced A and Southern CSI 500 ETF, with a slight increase in holding percentage [2] - Four public funds decreased their holdings, including Ruiyuan Growth Value Mixed A and E Fund ChiNext ETF, with a total decrease of 0.56% [2] - Eleven new public funds disclosed their holdings this period, including China Europe Industry Growth Mixed (LOF) A and Zhaoshang Fengying Active Allocation Mixed A [2] - A total of 301 public funds were not disclosed this period, including Photovoltaic ETF and Tianhong CSI Photovoltaic A [2] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.24% compared to the previous quarter [2] - The Kuwait Investment Authority was not disclosed this period [2]

Group 1 - The core point of the article highlights the recent decline in the stock price of Fuyao Glass, which dropped by 5.03% to 17.92 CNY per share, with a trading volume of 536 million CNY and a turnover rate of 1.54%, resulting in a total market capitalization of 41.985 billion CNY [1] - Fuyao Glass Group Co., Ltd. is based in Jiaxing, Zhejiang Province, and was established on June 24, 1998. It was listed on February 15, 2019. The company's main business includes the research, production, and sales of photovoltaic glass, float glass, engineering glass, and household glass, as well as the mining and sales of quartz for glass and EPC photovoltaic power station construction [1] - The revenue composition of Fuyao Glass is as follows: photovoltaic glass accounts for 89.76%, power generation income 3.16%, engineering glass 3.14%, other (supplementary) 1.98%, household glass 1.58%, float glass 0.36%, and mining products 0.01% [1] Group 2 - From the perspective of major fund holdings, only one fund under Huatai-PineBridge has a significant position in Fuyao Glass. The fund, Huatai-PineBridge CSI Photovoltaic Industry Index Enhanced A (013816), held 1.3 million shares in the second quarter, unchanged from the previous period, representing 3.09% of the fund's net value, making it the seventh-largest holding [2] - The fund Huatai-PineBridge CSI Photovoltaic Industry Index Enhanced A (013816) was established on October 26, 2021, with a current scale of 209 million CNY. Year-to-date, it has achieved a return of 18.04%, ranking 2932 out of 4222 in its category; over the past year, it has returned 34.06%, ranking 3206 out of 3804; since inception, it has incurred a loss of 45.68% [2]