Group 1 - Cangge Mining's stock increased by 5.06%, reaching 61.03 CNY per share, with a trading volume of 658 million CNY and a turnover rate of 0.70%, resulting in a total market capitalization of 95.831 billion CNY [1] - Cangge Mining Co., Ltd. is located in Golmud City, Qinghai Province, and was established on June 25, 1996, with its listing date on June 28, 1996. The company's main business involves the production and sales of potassium fertilizer (potassium chloride) [1] - The revenue composition of Cangge Mining is as follows: potassium chloride accounts for 83.34%, lithium carbonate for 15.90%, and other products for 0.75% [1] Group 2 - Hongde Fund has one fund heavily invested in Cangge Mining, specifically the Hongde Quantitative Selected Mixed Fund (006336), which held 23,800 shares in the third quarter, representing 0.99% of the fund's net value, ranking as the tenth largest holding [2] - The Hongde Quantitative Selected Mixed Fund (006336) was established on September 6, 2019, with a current size of 140 million CNY. Year-to-date returns are 28.77%, ranking 3292 out of 8155 in its category; the one-year return is 31.05%, ranking 2540 out of 8031; and since inception, the return is 79.99% [2] Group 3 - The fund manager of Hongde Quantitative Selected Mixed Fund (006336) is Zhang Tianyang, who has been in the position for 3 years and 276 days. The total asset size of the fund is 160 million CNY, with the best return during his tenure being 46.88% and the worst return being -38.09% [3]

Core Viewpoint - The stock of Jiangsu Maxinlin Aerospace Technology Co., Ltd. experienced a decline of 5.22%, trading at 61.21 CNY per share, with a total market capitalization of 8.902 billion CNY as of September 23 [1] Company Overview - Jiangsu Maxinlin Aerospace Technology Co., Ltd. was established on March 15, 2010, and went public on May 13, 2021 [1] - The company specializes in aerospace components and tooling, as well as precision components for various civil industries [1] - The revenue composition of the company is 85.69% from product sales and 14.31% from service provision [1] Fund Holdings - Hongde Fund has a significant holding in Maxinlin, with its Hongde Quantitative Selected Mixed Fund (006336) holding 21,800 shares, representing 0.94% of the fund's net value, ranking as the tenth largest holding [2] - The fund has reported a floating loss of approximately 73,500 CNY as of the latest update [2] - The Hongde Quantitative Selected Mixed Fund was established on September 6, 2019, with a current size of 130 million CNY and has achieved a year-to-date return of 25.01% [2] - Over the past year, the fund has returned 57.77%, ranking 2,553 out of 7,995 in its category [2] - Since its inception, the fund has generated a return of 74.75% [2] Fund Manager Information - The fund manager of Hongde Quantitative Selected Mixed Fund is Zhang Tianyang, who has been in the position for 3 years and 240 days [2] - The total asset size managed by Zhang Tianyang is 147 million CNY, with the best fund return during his tenure being 42.89% and the worst being -38.09% [2]

Group 1 - Zhejiang Shibao (002703.SZ) released its 2024 annual report on March 31, 2025, with 18 institutional investors disclosing holdings of 300 million shares, accounting for 36.50% of the total share capital [1] - The top ten institutional investors include Zhejiang Shibao Holding Group Co., Ltd., Hong Kong Central Clearing (Agent) Co., Ltd., and several funds, with their combined holding ratio decreasing by 2.55 percentage points compared to the previous quarter [1] - In the public fund sector, 14 new public funds were disclosed this period, including Wanjiaguo Zheng 2000 Index Enhanced A and Jianxin Preferred Technology Innovation Mixed (LOF) [1] Group 2 - Foreign investment sentiment showed a decrease in holdings from one foreign fund, Hong Kong Central Clearing (Agent) Co., Ltd., with a reduction ratio of 0.30% [2] - The foreign institutions that were not disclosed this period include UBS AG and J.P. Morgan Securities PLC - proprietary funds [2]