Group 1 - Xiao Fang Pharmaceutical (603207.SH) released its semi-annual report for 2025 on August 26, 2025, indicating that as of August 25, 2025, 17 institutional investors held a total of 115 million shares, accounting for 71.90% of the total share capital [1] - The top ten institutional investors collectively held 71.38% of the shares, with a slight decrease of 0.77 percentage points compared to the previous quarter [1] - The top institutional investors include companies such as Yunjia Far East Co., Ltd., Jiaxing Youjia Enterprise Management Partnership, and Guoxin Capital Co., Ltd. [1] Group 2 - In the public fund sector, three new public funds were disclosed this period, including CITIC Securities Rotation Mixed A, CITIC Securities Selection Mixed A, and Hongta Hongtu Shengshang One-Year Regular Open Bond A [2] - Two public funds were not disclosed in this period compared to the previous quarter, including Taixin Industry Selection Mixed A and Ping An MSCI China A-Shares Low Volatility ETF [2]

Core Insights - Jibite (603444.SH) released its 2024 annual report on March 28, 2025, indicating that 46 institutional investors held a total of 10.8147 million A-shares, accounting for 15.01% of the total share capital [1] - The top ten institutional investors collectively held 14.56% of the shares, with a decrease of 1.75 percentage points compared to the previous quarter [1] Institutional Holdings - The number of institutional investors holding Jibite shares is 46, with a total holding of 10.8147 million shares [1] - The top ten institutional investors include notable entities such as Hong Kong Central Clearing Limited and Cathay Fund Management [1] - The proportion of shares held by the top ten institutional investors decreased by 1.75 percentage points from the last quarter [1] Public Fund Activity - One public fund, Ping An Low Carbon Economy Mixed A, increased its holdings, while three funds reduced their holdings, with a total decrease of 0.47% [2] - Eight new public funds disclosed their holdings, including Rongtong Huixin Mixed A and Morgan Stanley ESG Quantitative Mixed [2] - A total of 47 public funds did not disclose their holdings this period, including notable funds like China Europe Internet Mixed A [2] Social Security Fund and Foreign Investment - One social security fund, Cathay Fund Management - Social Security Fund 1102 Combination, increased its holdings by 0.17% [2] - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 1.04% [2]