Group 1 - In November, out of 8716 comparable mixed funds, only 1276 funds saw an increase in net value, representing 14.6% of the total [1] - A total of 8 mixed funds achieved a monthly increase of over 10%, with Huaxi Preferred Value Mixed Fund A and C leading at 14.11% and 14.07% respectively [2] - The Huaxi Preferred Value Mixed Fund A, established on November 9, 2023, has a year-to-date return of 26.78% as of November 28, 2025 [2] Group 2 - The Galaxy Core Advantage Mixed Fund A recorded a monthly increase of 14.00% and has a year-to-date return of 33.88% as of November 28, 2025 [3] - The fund's top ten holdings include major companies such as Ningde Times and Yihua Energy [3] - 11 mixed funds experienced a decline of over 12% in November, with the worst performers being Huatai Fuhua North Exchange Innovation Selected Mixed Fund A and C, which fell by -13.52% and -13.50% respectively [3][4] Group 3 - The performance of mixed funds in November indicates a challenging market environment, with a significant majority of funds experiencing declines [1][3] - The data reflects a trend where only a small fraction of funds are able to achieve substantial gains, highlighting potential volatility in the mixed fund sector [1][2]

- The report does not contain any specific quantitative models or factors for analysis [1][2][3] - The report primarily focuses on market trends, fund positions, and industry movements without detailing quantitative models or factor construction [4][5][6] - No formulas, construction processes, or performance metrics related to quantitative models or factors are provided in the report [7][8][9]

Core Insights - The article provides an overview of the performance of various mutual funds, highlighting the top and bottom performers based on net asset value updates [3][4][6]. Fund Performance Summary Top Performing Funds - The top 10 funds with the highest net value growth over the past five days include: 1. 东方阿尔法科技甄选混合发起A: 1.0828, 8.30% 2. 东方阿尔法科技甄选混合发起C: 1.0827, 8.29% 3. 富荣福鑫混合C: 0.9021, 6.80% 4. 富荣福鑫混合A: 0.9044, 6.79% 5. 方正富邦致盛混合A: 1.4940, 5.63% 6. 方正富邦致盛混合C: 1.4716, 5.63% 7. 银河核心优势混合A: 0.8581, 5.61% 8. 银河核心优势混合C: 0.8492, 5.61% 9. 中邮能源革新混合型发起C: 0.8769, 4.60% 10. 中邮能源革新混合型发起A: 0.8963, 4.60% [4][6]. Bottom Performing Funds - The bottom 10 funds with the lowest net value growth over the past five days include: 1. 建信新兴市场混合(QDII)C: 1.3910, -3.87% 2. 建信新兴市场混合(QDII)A: 1.4100, -3.82% 3. 易方达全球医药行业混合发起式(QDII)A(美元现汇): 0.1808, -3.57% 4. 易方达全球医药行业混合发起式(QDII)A(人民币): 1.2735, -3.54% 5. 工银新经济混合(QDII)人民币C: 1.5070, -3.26% 6. 华夏移动互联混合美元现汇: 0.2281, -3.22% [5][6]. Market Analysis - The Shanghai Composite Index opened significantly lower but rebounded to close with a small gain, while the ChiNext Index showed a similar pattern. The total trading volume reached 1.89 trillion, with a stock gain-loss ratio of 3380:1905. The leading sectors included electrical equipment, which rose over 3%, while software services and the internet sectors lagged [8]. Fund Strategy Insights - The fund 富荣福鑫混合C showed rapid net value growth, indicating a potential focus on the new energy sector, although the specific holdings and strategy require further confirmation [9]. - The fund with a focus on US stocks, which includes major holdings like NVIDIA and TSMC, experienced a significant pullback due to a drop in the NASDAQ index, suggesting a challenging environment for tech-focused QDII funds [10].

Core Viewpoint - As of August 27, 2025, 30 institutional investors hold a total of 393 million shares of Xuguang Electronics (600353.SH), representing 47.31% of the company's total equity, indicating strong institutional interest in the company [1] Institutional Holdings - The top ten institutional investors collectively own 46.29% of Xuguang Electronics, with a 2.34 percentage point increase compared to the previous quarter [1] - Notable top investors include New Group Limited, Chengdu Xintianyi Investment Co., Ltd., and China International Capital Corporation [1] Public Fund Activity - One public fund, Huaxia High-end Manufacturing Mixed A, increased its holdings, accounting for a 0.43% rise [1] - Two new public funds disclosed their holdings this quarter: Galaxy Core Advantage Mixed A and Ping An CSI 2000 Enhanced Strategy ETF [1]

Summary of Key Points Core Viewpoint - The report highlights the current institutional ownership and changes in the shareholding structure of 帝科股份 (300842.SZ) as of August 27, 2025, indicating a slight decline in the proportion of shares held by the top institutional investors compared to the previous quarter [1]. Institutional Ownership - A total of 17 institutional investors disclosed holding shares in 帝科股份, with a combined holding of 30.29 million shares, representing 21.37% of the total share capital [1]. - The top ten institutional investors collectively hold 21.08% of the shares, which is a decrease of 0.82 percentage points from the previous quarter [1]. Public Fund Activity - Two new public funds disclosed their holdings this period, including 平安中证2000增强策略ETF and 银河核心优势混合A [1]. - Four public funds that were previously disclosed have not reported their holdings this period, including 长城中小盘混合A and 汇添富新能源精选混合发起式A [1]. Foreign Investment - The report notes that the foreign institution 香港中央结算有限公司 has not disclosed its holdings in this period, indicating a change from the previous quarter [2].