Core Viewpoint - The announcement from Taixin Fund Management indicates a suspension of subscription, conversion, and regular investment services for institutional investors in the Taixin Dual Interest Dual Benefit Bond Fund starting from September 22, 2025, to ensure stable operation and protect the interests of fund shareholders [1] Group 1: Fund Suspension Details - The Taixin Dual Interest Dual Benefit Bond Fund will suspend institutional investor subscriptions, conversions, and regular investment services [1] - The suspension is aimed at maintaining the fund's stability and safeguarding the interests of its shareholders [1] Group 2: Fund Adjustment Information - Specific details regarding the suspension of large subscriptions, subscription limits, transfer limits, and regular investment limits for the sub-funds are provided in the announcement [1] - The sub-funds affected include Taixin Dual Point Dual Benefit A and Taixin Dual Intent Dual Harmony C, although specific codes and limits are not detailed in the announcement [1]

Group 1 - Tianhai Defense (300008.SZ) released its semi-annual report for 2025, revealing that as of August 26, 2025, 15 institutional investors held a total of 389 million shares, accounting for 22.53% of the company's total share capital [1] - The top ten institutional investors collectively held 22.29% of the shares, with a decrease of 1.46 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 10 new public funds were disclosed this period, including Guotai CSI Military ETF and Southern CSI 1000 ETF, while one fund, Taixin Double Interest Bond C, was not disclosed this period [2] - Foreign investment sentiment showed a decrease in holdings from one foreign fund, Hong Kong Central Clearing Limited, with a reduction of 1.84% [2]

Core Insights - The report indicates that as of August 25, 2025, institutional investors hold a total of 173 million shares of Shuangxiang Co., accounting for 64.52% of the total share capital [1] - The proportion of shares held by institutional investors has decreased by 0.12 percentage points compared to the previous quarter [1] - Three public funds have not disclosed their holdings in this period, including China Europe Value Selection Mixed A, China Europe Multi-Interest Bond A, and Taixin Dual Interest Dual Benefit Bond C [1] Institutional Holdings - Only one institutional investor, Jiangsu Shuangxiang Group Co., Ltd., is reported to hold shares in Shuangxiang Co. [1] - The total institutional holding represents a significant majority of the company's shares at 64.52% [1] - The slight decline in institutional holding percentage may indicate a shift in investor sentiment or strategy [1] Public Fund Disclosure - The report notes that three public funds have not disclosed their holdings in the current period [1] - The specific funds mentioned are China Europe Value Selection Mixed A, China Europe Multi-Interest Bond A, and Taixin Dual Interest Dual Benefit Bond C [1] - This lack of disclosure may impact the overall perception of the company's attractiveness to public fund investors [1]