QFII Adds 14 Firms to Top 10 Holdings in Q2, Total Value RMB 11.995 Billion

As of July 28, 2026, with the continued release of half-year reports, the initial holdings of qualified foreign institutional investors (QFII) have emerged. QFII entered the top 10 tradable shareholders of 14 listed companies, with total holdings valued at approximately RMB 11.995 billion. Specifically, QFII held more than 10 million shares each in CATL and Jinmei Technology, at 27.37 million and 19.44 million shares respectively; held over 7 million shares each in Zhonglan Environmental and Hainan Mining; and held over 4 million shares each in Sushi Test and Zhengtai Power.

In the first half of 2026, CATL achieved revenue of RMB 276.92 billion, up 54.8% year-on-year, and net profit attributable to shareholders of RMB 43.28 billion, up 41.98%. UBS entered as a new holding in the second quarter with 27.37 million shares, the first time since the end of 2018 that it has appeared on the company's top 10 tradable shareholders list in over seven years. In terms of holding changes, QFII added 14.19 million shares of Jinmei Technology and 6.69 million shares of Zhonglan Environmental in the second quarter; reduced holdings of Wohua Pharmaceutical by 5.62 million shares and Youcai Resources by 2.32 million shares; the remaining 10 stocks were all new additions in the second quarter.

The stocks increased by QFII showed good performance. Jinmei Technology achieved revenue of RMB 478 million in the first half, up 1.06% year-on-year, and net profit attributable to shareholders of RMB 20.41 million, turning around from a loss. Zhonglan Environmental achieved revenue of RMB 242 million in the first half, down 16.94% year-on-year, and net profit attributable to shareholders of RMB 7.33 million, up 30.22%. Based on the median of half-year reports and forecasts, the first-half performance of these 14 companies generally improved. In terms of net profit changes, Haozhi Jiadian and Youcai Resources saw net profit more than double, with increases of 266.57% and 103.87% respectively; CSSC Special Gas, Hainan Mining, and Wohua Pharmaceutical all saw net profit growth of over 50%, at 95.63%, 82%, and 51.23% respectively; Jinmei Technology turned around from a loss.

In the first half, Haozhi Jiadian achieved revenue of RMB 1.166 billion, up 65.86% year-on-year, and net profit attributable to shareholders of RMB 232 million, up 266.57%. By business segment, the company's spindle products generated sales revenue of RMB 816 million, up 79.73% year-on-year, accounting for 69.96% of main business revenue. Among them, spindle sales and revenue for PCB drilling machines, PCB routing machines, lathes, and CNC engraving and milling machines all achieved significant growth, becoming the main driver of performance. Youcai Resources achieved revenue of RMB 1.33 billion in the first half, up 7.87% year-on-year, and net profit attributable to shareholders of RMB 82.59 million, up 103.87%. Upstream raw material price increases were passed through, raising the gross margin of related products; at the same time, the company adopted a profit-oriented approach, optimizing operations, strengthening market expansion and R&D investment, and the benefits of the convertible bond-funded projects were gradually released, leading to continuous improvement in overall profitability.

Since the second quarter (as of July 27), margin financing funds have added more than RMB 800 million each to CSSC Special Gas, CATL, and Haozhi Jiadian, at RMB 1.823 billion, RMB 1.774 billion, and RMB 868 million respectively. CSSC Special Gas recently stated that its current tungsten hexafluoride production capacity is 2,000 tonnes per year, with a high utilization rate, and the company is steadily advancing capacity construction in line with market demand.