Group 1 - The core viewpoint of the news is that Jinqiao Information has seen a stock price increase of 5.06%, reaching 17.87 CNY per share, with a trading volume of 350 million CNY and a turnover rate of 5.48%, resulting in a total market capitalization of 6.53 billion CNY [1] - Jinqiao Information, established on August 17, 1994, and listed on May 28, 2015, is based in Xuhui District, Shanghai. The company specializes in smart scene solutions, smart building solutions, and big data and cloud platform services [1] - The revenue composition of Jinqiao Information is as follows: smart scene solutions account for 51.82%, smart building solutions for 26.73%, and big data and cloud platform services for 21.45% [1] Group 2 - From the perspective of the top ten circulating shareholders, a fund under Caitong Securities Asset Management is among the top shareholders of Jinqiao Information. The Caitong Asset Management Digital Economy Mixed Fund A (017483) reduced its holdings by 3.0349 million shares in the third quarter, now holding 2.457 million shares, which represents 0.67% of the circulating shares [2] - The Caitong Asset Management Digital Economy Mixed Fund A (017483) was established on December 26, 2022, with a latest scale of 1.069 billion CNY. Year-to-date returns are 61.96%, ranking 395 out of 8140 in its category; the one-year return is 55.14%, ranking 564 out of 8057; and since inception, the return is 85.52% [2]

Group 1 - The core viewpoint of the news is that Inspur Software has experienced a significant stock price increase, rising 5.14% to 18.60 CNY per share, with a total market capitalization of 6.503 billion CNY and a trading volume of 429 million CNY [1] - Inspur Software's stock price has increased for four consecutive days, with a cumulative increase of 9.47% during this period [1] - The company, founded in 1994 and listed in 1996, primarily engages in software development and system integration for digital government, tobacco, and other industries, with 99% of its revenue coming from software and system integration [1] Group 2 - Among the top shareholders of Inspur Software, a fund under Caitong Securities Asset Management holds 2.1644 million shares, unchanged from the previous period, representing 0.67% of the circulating shares [2] - The fund, Caitong Asset Digital Economy Mixed Initiation A (017483), has achieved a year-to-date return of 66.6% and ranks 331 out of 8,150 in its category [2] - The fund manager, Bao Jianwen, has a tenure of nearly four years, with the best fund return during this period being 93.59% [2]

Group 1 - The core point of the news is that Dawi Technology (600589.SH) reported its Q3 2025 results, revealing that 11 institutional investors hold a total of 286 million shares, accounting for 19.25% of the company's total equity [1] - The top ten institutional investors include Beijing Urban Intelligent Computing Information Industry Partnership, Beijing Huazhu Technology Co., Ltd., and others, with their combined holding ratio decreasing by 2.37 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two funds increased their holdings, while three funds decreased their holdings, indicating a slight increase in the proportion of holdings among public funds [2] - One new public fund was disclosed during this period, while 56 public funds were not disclosed compared to the previous quarter, including notable funds like Yongying Digital Economy Smart Selection Mixed Fund [2] - Regarding foreign investment, one foreign fund reduced its holdings, with a decrease of 0.18% compared to the previous quarter, and several foreign institutions were not disclosed this period [2]

Group 1 - Zhongheng Electric (002364.SZ) reported its Q3 2025 results on October 25, 2025, with 9 institutional investors disclosing holdings in the company, totaling 233 million shares, which represents 41.40% of the total share capital [1] - The institutional ownership increased by 1.73 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 3 new public funds were disclosed this quarter, including the Caifeng Asset Digital Economy Mixed Initiation A, Golden Eagle Technology Innovation Stock A, and Guotou Ruijin New Energy Mixed A [2] - A total of 77 public funds were not disclosed this quarter compared to the last, including major funds like Morgan Stanley Digital Economy Mixed A and Debon Xinxing Value A [2] - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.12% compared to the previous period [2]

Group 1 - The stock of Beijing Compass Technology Development Co., Ltd. increased by 5.13% to 155.83 CNY per share, with a trading volume of 5.977 billion CNY and a turnover rate of 6.58%, resulting in a total market capitalization of 94.768 billion CNY [1] - The company, established on April 28, 2001, and listed on November 18, 2019, primarily provides financial data analysis and securities investment consulting services through its software terminal and internet platform, with 97.98% of its revenue coming from financial information services [1] Group 2 - According to data, one fund under Caitong Securities Asset Management holds a significant position in Compass, with the Caitong Asset Digital Economy Mixed Initiation A Fund (017483) owning 1.3834 million shares, representing 4.48% of the fund's net value, making it the fifth-largest holding [2] - The Caitong Asset Digital Economy Mixed Initiation A Fund, established on December 26, 2022, has a current size of 649 million CNY and has achieved a return of 66.13% this year, ranking 278 out of 8154 in its category [2]

Group 1 - The core viewpoint of the news is that Inspur Software's stock has seen a significant increase of 7.14%, reaching a price of 16.80 CNY per share, with a trading volume of 168 million CNY and a turnover rate of 3.22%, resulting in a total market capitalization of 5.445 billion CNY [1] - Inspur Software, established on November 7, 1994, and listed on September 23, 1996, is primarily engaged in software development and system integration for digital government, tobacco, and other industries, with 99% of its revenue coming from software and system integration [1] Group 2 - Among the top shareholders of Inspur Software, a fund under Caitong Securities Asset Management holds 2.1644 million shares, unchanged from the previous period, representing 0.67% of the circulating shares, with an estimated floating profit of approximately 2.4241 million CNY [2] - Caitong Asset Management's Digital Economy Mixed Fund A (017483), established on December 26, 2022, has a current scale of 649 million CNY, with a year-to-date return of 67.99%, ranking 273 out of 8159 in its category, and a one-year return of 71.71%, ranking 191 out of 8030 [2]

Core Viewpoint - Taxfriend Software Group Co., Ltd. experienced a 5.05% decline in stock price, closing at 45.83 CNY per share, with a total market capitalization of 18.623 billion CNY [1] Company Overview - Taxfriend Software Group, established on December 22, 1999, and listed on June 30, 2021, is located in Hangzhou, Zhejiang Province. The company specializes in the research, sales, and technical services of financial and tax information technology products [1] - The main business revenue composition includes: Intelligent Financial and Taxation Business at 71.45% and Digital Government Business at 36.76% [1] Shareholder Information - Among the top ten circulating shareholders of Taxfriend, a fund under Caitong Securities Asset Management, specifically Caitong Asset Digital Economy Mixed Initiation A (017483), entered the top ten in the second quarter, holding 1.6051 million shares, which accounts for 0.4% of circulating shares [2] - The estimated floating loss for Caitong Asset Digital Economy Mixed Initiation A today is approximately 3.9164 million CNY [2] - The fund was established on December 26, 2022, with a latest scale of 649 million CNY. Year-to-date returns are 69.28%, ranking 269 out of 8160 in its category; one-year returns are 71.15%, ranking 214 out of 8026; and since inception returns are 93.9% [2] Fund Management - The fund manager of Caitong Asset Digital Economy Mixed Initiation A is Bao Jianwen, who has been in the position for 3 years and 335 days. The total asset scale of the fund is 3.381 billion CNY, with the best fund return during the tenure being 89.99% and the worst being 8.01% [3]

Core Viewpoint - The article discusses the performance and dividend distribution of actively managed equity mutual funds in the A-share market, highlighting the significant gains in the market and the limited number of funds that have distributed dividends this year [4][5]. Summary by Sections Market Performance - The A-share market has seen a significant rise, with major indices reaching new highs. As of September 24, the Shanghai Composite Index has increased by approximately 15% year-to-date, while the Shenzhen Component Index and the ChiNext Index have risen by 28% and over 48%, respectively [4]. Dividend Distribution - As of September 21, only 127 out of 7463 actively managed equity mutual funds have distributed dividends this year, accounting for less than 2% of the total [4]. - The total dividend amount for actively managed equity funds with a scale of over 1 billion yuan that have distributed dividends this year is 2.106 billion yuan, with 32 distributions [5]. Top Dividend Funds - The top three actively managed equity funds in terms of dividend distribution this year are: 1. E Fund's E Fund Kexun Mixed Fund (110029) managed by Liu Jianwei, with a total dividend of 530.63 million yuan and a year-to-date return of 78.24% [6][7]. 2. E Fund's E Fund Value Selection Mixed Fund (110009) managed by Bao Zhengyu, with a total dividend of 437.51 million yuan and a year-to-date return of 28.11% [6][7]. 3. Huashang Fund's Huashang Advantage Industry Mixed A (000390) managed by Zhang Mingxin, with a total dividend of 170.30 million yuan and a year-to-date return of 81.98% [6][7]. Fund Strategies and Outlook - The E Fund Kexun Mixed Fund focuses on emerging growth sectors such as artificial intelligence and innovative pharmaceuticals, with the manager optimistic about continued investment opportunities in the equity market [7][8]. - The Huashang Advantage Industry Mixed A fund's manager adjusted the portfolio significantly after market fluctuations, leading to strong performance [7][8]. Fund Performance by Scale - For funds with a scale of 5-10 billion yuan, the top three in dividend distribution are: 1. Penghua Fund's Penghua Shengshi Innovation LOF (160613) [9]. 2. Caitong Asset Management's Caitong Digital Economy Mixed Fund (017483) with a total dividend of 53.71 million yuan and a year-to-date return of 61.98% [11]. 3. Xinhua Fund's Xinhua Preferred Dividend Mixed A (519087) [9]. - For funds with a scale of 1-5 billion yuan, the top three are: 1. Southern Fund's Southern North Exchange Selection Two-Year Open Mixed Fund (014294) [13]. 2. Yinhua Fund's Yinhua Huixiang Three-Year Regular Open Mixed Fund (019597) [13]. 3. West China Fund's West China Quantitative Preferred One-Year Holding Period Mixed A (010779) with a total dividend of 42.69 million yuan [13]. - For funds with a scale of 1 million to 1 billion yuan, the top three are: 1. Hongta Hongtu's Hongta Hongtu Shengfeng Mixed A (013733) with a total dividend of 16.52 million yuan [16][17]. 2. West China Fund's West China Quantitative Preferred One-Year Holding Period Mixed C (010780) [16]. 3. West China Fund's West China Central Enterprise Preferred Stock A (022164) [16].

Group 1 - The core viewpoint of the news is that Dingjie Digital has seen a stock price increase of 5.2%, reaching 53.66 CNY per share, with a trading volume of 541 million CNY and a turnover rate of 3.78%, resulting in a total market capitalization of 14.563 billion CNY [1] - Dingjie Digital, established on December 26, 2001, and listed on January 27, 2014, is based in Shanghai and focuses on providing digital transformation, intelligent manufacturing, and industrial internet solutions for manufacturing, circulation, and small and micro enterprises [1] - The revenue composition of Dingjie Digital includes 47.89% from digital technology services, 28.11% from self-developed digital software products, and 23.99% from integrated software and hardware solutions [1] Group 2 - Among the top ten circulating shareholders of Dingjie Digital, a fund under Caitong Securities Asset Management has entered the list, holding 2.6758 million shares, which accounts for 0.99% of the circulating shares, with an estimated floating profit of approximately 7.0909 million CNY [2] - Caitong Asset Management's Digital Economy Mixed Fund A (017483), established on December 26, 2022, has a latest scale of 649 million CNY, with a year-to-date return of 77.59%, ranking 215 out of 8244 in its category, and a one-year return of 136.98%, ranking 87 out of 8080 [2] - The fund manager of Caitong Asset Management's Digital Economy Mixed Fund A is Bao Jianwen, who has been in the position for 3 years and 312 days, managing a total fund size of 3.381 billion CNY, with the best fund return during his tenure being 103.41% and the worst being 8.01% [3]

Core Viewpoint - The article discusses the performance and dividend distribution of actively managed equity mutual funds in the A-share market, highlighting the significant gains in major indices and the limited number of funds that have distributed dividends this year [1][2]. Summary by Category Overall Market Performance - The A-share market has seen a broad increase, with the Shanghai Composite Index reaching a nearly 10-year high above 3800 points, reflecting a year-to-date increase of approximately 15% as of September 24 [1]. - The Shenzhen Component Index and the ChiNext Index have shown even stronger performance, with increases of about 28% and over 48%, respectively [1]. Dividend Distribution - As of September 21, 2025, only 127 out of 7463 actively managed equity mutual funds have distributed dividends this year, representing less than 2% of the total [1]. - The total dividend amount for actively managed equity funds with a scale of 10 billion and above reached 2.106 billion yuan, with 32 distributions [2][6]. Top Dividend Distributing Funds - The top three actively managed equity funds by total dividend amount for those with a scale of 10 billion and above are: 1. "E Fund Kexun Mixed" (110029) managed by Liu Jianwei, with a total dividend of approximately 530 million yuan and a year-to-date return of 78.24% [6][7]. 2. "E Fund Value Selection Mixed" (110009) managed by Bao Zhengyu, with a total dividend of approximately 437.5 million yuan [6]. 3. "Huashang Advantage Industry Mixed A" (000390) managed by Zhang Mingxin, with a total dividend of approximately 170 million yuan and a year-to-date return of 81.98% [7]. Fund Performance Insights - The "E Fund Kexun Mixed" has achieved a cumulative return of 182.92% since its inception, significantly outperforming its benchmark [6]. - The "Huashang Advantage Industry Mixed A" fund manager adjusted the portfolio significantly after market fluctuations, leading to a strong performance in sectors like AI and military industry [7]. Mid-Sized Funds - For funds with a scale of 5-10 billion, the total dividend amount reached 441 million yuan, with the top three funds being: 1. "Penghua Shengshi Innovation LOF" (160613) managed by Wu Xuan [8]. 2. "Caitong Asset Digital Economy Mixed Initiated A" (017483) managed by Bao Huaiwen, with a total dividend of approximately 53.71 million yuan and a year-to-date return of 61.98% [12]. 3. "Xinhua Preferred Dividend Mixed A" (519087) managed by Zhao Qiang [8]. Smaller Funds - For funds with a scale of 1-5 billion, the total dividend amount was 423 million yuan, with the top three funds being: 1. "Southern North Exchange Selected Two-Year Open Mixed Initiated" (014294) managed by Lei Jiayuan [13]. 2. "Yinhua Huixiang Three-Year Regular Open Mixed" (019597) managed by Fang Jian [13]. 3. "West China Li De Quantitative Preferred One-Year Holding Period Mixed A" (010779) managed by Zhai Zijian, which distributed dividends 11 times this year [16]. Smallest Funds - For funds with a scale of 1 million to 10 million, the total dividend amount was 108 million yuan, with the top three funds being: 1. "Hongta Hongtu Shengfeng Mixed A" (013733) managed by Zhao Yao, with a total dividend of approximately 16.52 million yuan [22]. 2. "West China Li De Quantitative Preferred One-Year Holding Period Mixed C" (010780) managed by Zhai Zijian [22]. 3. "West China Li De Central Enterprise Preferred Stock A" (022164) managed by Sheng Fengyan [22].