Core Viewpoint - Cangzhou Mingzhu (002108.SZ) reported a decrease in institutional ownership in its half-year report for 2025, with a total of 6 institutional investors holding 484 million shares, representing 29.07% of the total share capital, down by 1.42 percentage points from the previous quarter [1] Institutional Investors - A total of 6 institutional investors disclosed their holdings in Cangzhou Mingzhu A-shares, with a combined holding of 484 million shares, accounting for 29.07% of the total share capital [1] - The institutional investors include Hebei Cangzhou Dongsu Group Co., Ltd., Hangzhou Zhongda Junyue Investment Co., Ltd. - Junyue Rixin No. 17 Private Securities Investment Fund, Ju Hong (Hong Kong) Co., Ltd., Hong Kong Central Clearing Limited, Shaanxi International Trust Co., Ltd. - Shaan Guotou · Jinyu No. 185 Securities Investment Collective Fund Trust Plan, and Ping An CSI 2000 Enhanced Strategy ETF [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 1.42 percentage points [1] Public Funds - One new public fund disclosed during this period is the Ping An CSI 2000 Enhanced Strategy ETF [1] - One public fund, the Southern CSI 1000 ETF, was not disclosed in this period compared to the previous quarter [1] Foreign Investment - Two foreign funds reduced their holdings compared to the previous quarter, including Ju Hong (Hong Kong) Co., Ltd. and Hong Kong Central Clearing Limited, with a total reduction of 0.15% [1]