Group 1 - The core viewpoint of the news is that Baoxiniang (002154.SZ) reported a total of 1.53 billion shares held by 129 institutional investors, accounting for 10.46% of the total share capital as of April 18, 2025 [1] - The top ten institutional investors hold a combined 6.89% of the shares, with a decrease of 5.24 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, eight funds reported a decrease in holdings, with a reduction rate of 2.70% compared to the previous quarter [2] - A total of 116 new public funds were disclosed this period, including major funds like Huaxia CSI 1000 ETF and Huitianfu Consumer Industry Mixed Fund [2] - One foreign fund, Hong Kong Central Clearing Limited, reported a decrease in holdings, with a reduction rate of 2.49% [2]

Group 1 - Action Education (605098.SH) reported its 2024 annual report on April 15, 2025, with 101 institutional investors holding a total of 45.6261 million shares, representing 38.26% of the total share capital [1] - The top ten institutional investors collectively hold 35.89% of the shares, with a decrease of 1.99 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two funds increased their holdings, while five funds decreased their holdings, with a reduction rate of 0.11% [2] - A total of 87 new public funds were disclosed this period, including several notable funds [2] - One social security fund was not disclosed this period, specifically the China International Capital Corporation - Social Security Fund 2008 Portfolio [2] Group 3 - In the insurance sector, one insurance fund increased its holdings, while one new insurance investor was disclosed this period [2]