Core Insights - Wujin Stainless Steel (603878.SH) reported its Q3 2025 results on October 29, 2025, indicating a total of 4 institutional investors holding shares, amounting to 45.0837 million shares, which represents 8.04% of the total share capital [1] - The institutional holding percentage decreased by 6.04 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Changzhou Fuying Investment Co., Ltd., Basic Pension Insurance Fund 1003 Portfolio, Bank of China - E Fund CSI Dividend ETF, and Hongde Huixiang Mixed A, with a combined holding of 8.04% [1] - There were 2 public funds that increased their holdings this period, namely E Fund CSI Dividend ETF and Hongde Huixiang Mixed A, with a slight increase in holding percentage [1] - A total of 74 public funds did not disclose their holdings this period, including notable funds like China Merchants CSI Dividend ETF and others [1] Pension Funds - One pension fund, Basic Pension Insurance Fund 1003 Portfolio, reduced its holdings this period, resulting in a slight decrease in holding percentage [1] - One pension fund, Basic Pension Insurance Fund 1001 Portfolio, did not disclose its holdings this period [1]

Group 1 - The stock price of Wujin Stainless Steel has dropped by 5.03% on October 28, reaching 10.58 CNY per share, with a trading volume of 272 million CNY and a turnover rate of 4.48%, resulting in a total market capitalization of 5.936 billion CNY [1] - Wujin Stainless Steel has experienced a continuous decline for three consecutive days, with a cumulative drop of 1.5% during this period [1] - The company, established on March 30, 2001, and listed on December 19, 2016, specializes in the research, production, and sales of industrial stainless steel pipes and fittings, with main business revenue composition being 75.33% from seamless pipes, 21.60% from welded pipes, and 3.07% from fittings and others [1] Group 2 - According to data from the top ten holdings of funds, Hongde Fund has one fund heavily invested in Wujin Stainless Steel, specifically the Hongde Huixiang Mixed A Fund (011781), which held 49,800 shares in the third quarter, accounting for 0.28% of the fund's net value, ranking as the sixth largest holding [2] - The estimated floating loss for the fund today is approximately 27,900 CNY, with a floating loss of 8,466 CNY during the three-day decline [2] - The Hongde Huixiang Mixed A Fund was established on September 6, 2021, with a current scale of 47.1574 million CNY, yielding 9.17% this year, ranking 6,092 out of 8,155 in its category, and 12.09% over the past year, ranking 5,369 out of 8,029 [2]

Core Viewpoint - Liancheng Precision (002921.SZ) reported a decline in institutional ownership in its Q3 2025 report, with a total of 10.72 million shares held by three institutional investors, representing 7.20% of the total share capital, down 2.60 percentage points from the previous quarter [1] Institutional Investors - As of October 27, 2025, three institutional investors disclosed holdings in Liancheng Precision, totaling 10.72 million shares, which is 7.20% of the company's total equity [1] - The institutional investors include Cuili Holdings Limited, Shanghai Yihai Venture Capital Partnership (Limited Partnership), and Industrial and Commercial Bank of China - CITIC Prudential Multi-Strategy Flexible Allocation Mixed Securities Investment Fund (LOF) [1] - The overall institutional holding percentage decreased by 2.60 percentage points compared to the previous quarter [1] Public Funds - One new public fund disclosed its holdings this quarter, namely CITIC Prudential Multi-Strategy Mixed (LOF) A [1] - Seven public funds that were previously disclosed did not report this quarter, including Hongde Yuxiang One-Year Holding Period Mixed A, Nuoan Balanced Preferred One-Year Holding Mixed A, Dongfang Quantitative Growth Flexible Allocation Mixed A, Hongde Huixiang Mixed A, and Hongde Ruixiang One-Year Holding Period Mixed A [1] Foreign Investment Attitude - This quarter, two foreign institutions that were previously disclosed did not report their holdings, including J.P. Morgan Securities PLC - Proprietary Funds and Citigroup Global Markets Limited [1]

Group 1 - The core viewpoint of the news is that Dailong (002209.SZ) has reported its annual results for 2024, highlighting the current institutional investor holdings and changes in share ownership [1] - As of April 9, 2025, a total of 15 institutional investors disclosed holdings in Dailong A-shares, with a combined holding of 26.7169 million shares, representing 13.42% of the total share capital [1] - The top ten institutional investors collectively hold 13.41% of the shares, with a decrease of 0.88 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, Yimin Quality Upgrade Mixed A, reported a slight decrease in holdings compared to the previous quarter [2] - A total of 11 new public funds were disclosed this period, including several funds from招商 and西部利得 [2] - One foreign institution, J.P. Morgan Securities PLC- proprietary funds, was not disclosed in this period compared to the previous quarter [2]