Group 1 - The core viewpoint of the news is that Hualan Co., Ltd. (301093.SZ) reported a decrease in institutional holdings in its semi-annual report for 2025, with a total of 10 institutional investors holding 56.6092 million shares, accounting for 44.82% of the total share capital, which is a decrease of 4.34 percentage points from the previous quarter [1] Group 2 - Among public funds, three funds reduced their holdings compared to the previous quarter, with a total reduction rate of 0.26%, while one new public fund was disclosed [1] - In the insurance sector, one insurance company, Ruizhong Life Insurance Co., Ltd., reduced its holdings by 1.0% compared to the previous quarter [2]