Core Insights - Yingfeng Environment (000967.SZ) reported its Q3 2025 results, revealing that as of October 29, 2025, 10 institutional investors held a total of 2.264 billion shares, representing 71.50% of the company's total equity [1] Group 1: Institutional Holdings - The top ten institutional investors include Ningbo Yingfeng Asset Management Co., Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., Yingfeng Group Co., Ltd., Hongchuang (Shenzhen) Investment Center (Limited Partnership), and others, collectively holding 71.50% of the shares [1] - Compared to the previous quarter, the total holding percentage of the top ten institutions decreased by 0.12 percentage points [1] Group 2: Public Fund Activity - In the public fund sector, two funds increased their holdings, namely the E Fund National Robot Industry ETF and the Huaxia CSI Robot ETF, with an increase rate of 1.17% [2] - One new public fund disclosed its holdings in Yingfeng Environment, which is the Caizheng Asset Management New聚益 6-month holding period mixed A fund [2] - A total of 221 public funds did not disclose their holdings this quarter, including notable funds like Southern CSI 500 ETF and Tianhong CSI Robot ETF [2] Group 3: Social Security Fund and Foreign Investment - One new social security fund disclosed its holdings in Yingfeng Environment, specifically the Huaxia Fund Management Co., Ltd. - Social Security Fund 422 Combination [2] - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings this quarter, indicating a slight decrease in foreign investment [2]

Core Viewpoint - Runhe Software experienced a decline of 5.02% on October 10, with a stock price of 58.14 yuan per share and a total market capitalization of 463.03 billion yuan [1] Company Overview - Jiangsu Runhe Software Co., Ltd. was established on June 29, 2006, and went public on July 18, 2012. The company is located at 168 Software Avenue, Yuhuatai District, Nanjing, Jiangsu Province [1] - The main business activities include providing software, sales of smart terminal products, and sales of outsourced software and hardware products, focusing on information technology services [1] - Revenue composition is as follows: Financial Technology business 52.01%, Intelligent IoT business 35.43%, Smart Energy Informatization 11.67%, and Others 0.89% [1] Fund Holdings - According to data from the top ten heavy stocks of funds, one fund under Caitong Securities Asset Management holds Runhe Software as a significant position. The Caitong Asset Management New Ju Yi 6-Month Holding Period Mixed A Fund (012052) held 1,800 shares in the second quarter, accounting for 0.05% of the fund's net value, ranking as the ninth largest heavy stock [2] - The fund has a current scale of 138 million yuan and has recorded a year-to-date return of 1.89%, ranking 7650 out of 8166 in its category [2] Fund Manager Performance - The fund manager of Caitong Asset Management New Ju Yi 6-Month Holding Period Mixed A Fund is Ma Hang, who has been in position for 2 years and 346 days, with a total asset scale of 1.843 billion yuan. The best fund return during his tenure is 9.61% [3] - Another manager, Jin Yu, has been in position for 2 years and 69 days, managing assets totaling 34.642 billion yuan, with a best return of 6.37% during his tenure [3]

Company Overview - Runhe Software Co., Ltd. is located in Nanjing, Jiangsu Province, and was established on June 29, 2006, with its listing date on July 18, 2012 [1] - The company provides software and information technology services, including sales of intelligent terminal products and outsourced hardware and software products [1] - The revenue composition is as follows: Financial Technology 52.01%, Intelligent IoT 35.43%, Smart Energy Information 11.67%, and Others 0.89% [1] Stock Performance - On September 23, Runhe Software's stock fell by 5.01%, trading at 57.61 yuan per share, with a transaction volume of 2.391 billion yuan and a turnover rate of 5.23% [1] - The total market capitalization of the company is 45.881 billion yuan [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Caitong Securities Asset Management holds Runhe Software [2] - Caitong Asset Management's Xinju Yi 6-Month Holding Period Mixed A Fund (012052) held 1,800 shares in the second quarter, accounting for 0.05% of the fund's net value, ranking as the ninth largest holding [2] - The estimated floating loss for the fund today is approximately 5,472 yuan [2] Fund Manager Performance - The fund managers for Caitong Asset Management's Xinju Yi Fund are Ma Hang and Jin Yu [3] - Ma Hang has a cumulative tenure of 2 years and 329 days, with the fund's total asset size at 1.843 billion yuan and a best return of 9.75% during his tenure [3] - Jin Yu has a cumulative tenure of 2 years and 52 days, managing assets totaling 34.642 billion yuan, with a best return of 6.46% during his tenure [3]