Core Insights - Kunheng Shunwei (688283.SH) reported its Q3 2025 results, revealing that as of October 28, 2025, four institutional investors held a total of 28.2434 million shares, representing 23.19% of the company's total equity [1] - The institutional holding percentage increased by 13.65 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Minsheng Securities - Wu Jiangnian - Minsheng Securities Tianyi Select Private Asset Management Plan No. 2, Minsheng Securities - Bank of China - Minsheng Securities Tianyi Flexible Allocation No. 6 Collective Asset Management Plan, Guotai Fund Management Co., Ltd. - Social Security Fund 2103 Portfolio, and Guotai Jiatai Stock Special Pension Product - China Merchants Bank Co., Ltd. [1] - The total institutional holding percentage stands at 23.19% [1] Public Funds - A total of 54 public funds were disclosed this period, including E Fund Strategic Emerging Industries Stock A, Fuguo New Vitality Flexible Allocation Mixed A, E Fund Quality Momentum Three-Year Holding Mixed A, and others [1] Social Security Funds - One social security fund increased its holdings compared to the previous period, specifically Guotai Fund Management Co., Ltd. - Social Security Fund 2103 Portfolio, with an increase of 0.43% [1]

Group 1 - The core point of the article is the disclosure of institutional and foreign investor holdings in Gaolan Co., Ltd. (300499.SZ) as of October 24, 2025, indicating a decline in institutional ownership compared to the previous quarter [1][2] Group 2 - As of October 24, 2025, five institutional investors hold a total of 12.688 million shares of Gaolan Co., representing 4.16% of the total share capital, which is a decrease of 4.92 percentage points from the previous quarter [1] - The disclosed institutional investors include Hong Kong Central Clearing Limited, UBS AG, Goldman Sachs International - Proprietary Capital, Morgan Stanley & Co. International PLC, and the National Social Security Fund 602 Portfolio [1] - In the public fund sector, 67 public funds were disclosed this period, including Guangfa Multi-Factor Mixed Fund, Fortune Optimized Enhanced Bond A/B, and others [1] - One new social security fund disclosed its holdings, which is the National Social Security Fund 602 Portfolio, while one previously disclosed fund, the National Social Security Fund 116 Portfolio, was not reported this period [1]

Group 1 - Highlan Co., Ltd. (300499.SZ) released its semi-annual report for 2025 on August 23, 2025, showing that as of August 22, 2025, 11 institutional investors held a total of 26.38 million shares, accounting for 8.64% of the total share capital [1] - The top ten institutional investors include major entities such as Industrial and Commercial Bank of China and China Construction Bank, with their combined shareholding increasing by 1.51 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one fund, namely the Fortune Optimized Enhanced Bond A/B, increased its holdings by 0.40% compared to the previous period [2] - Six new public funds disclosed their holdings in Highlan Co., Ltd., including notable funds like Nuon Anhe Xin Mixed A and Fortune New Vitality Flexible Allocation Mixed A [2] - One new social security fund, the National Social Security Fund 116 Combination, disclosed its holdings in Highlan Co., Ltd. during this period [2]