Social Security Fund, QFII Join Top Shareholders of Hongfa, CATL Among 26 A-Share Firms
As A-share companies release their 2026 semi-annual reports, long-term investors including social security funds, QFIIs, and pension funds have emerged among the top 10 tradable shareholders of 26 firms. Notable additions include Goldman Sachs International, BNP Paribas, and UBS at Hongfa Co. , Ltd. , and UBS at CATL, which reported a 54.8% revenue rise to RMB 276.9 billion and a 41.98% net profit increase to RMB 43.3 billion. CATL also announced a RMB 20-40 billion share buyback plan. Hongfa posted a 32.05% revenue gain to RMB 11.0 billion and a 19.89% net profit rise.
As listed companies gradually release their 2026 semi-annual reports, the holdings of some long-term funds are coming to light. As of July 30, among A-share companies that have published their interim reports, 26 firms have social security funds, QFIIs, and other institutions appearing on their list of top 10 tradable shareholders. Several leading companies in niche sectors have been bought collectively by long-term funds.
Taking Hongfa Co. , Ltd. , a leading power transmission and distribution equipment maker, as an example: at the end of the second quarter of 2026, Goldman Sachs International, BNP Paribas, and UBS became new top 10 tradable shareholders, while the Basic Pension Fund 1001 Portfolio increased its holdings by 2.05 million shares. Semiconductor company Fuman Micro also attracted fund attention; as of the end of the second quarter, CITIC Securities Asset Management (Hong Kong) Limited – Client Funds and Goldman Sachs International became new top 10 tradable shareholders, alongside the Xin'ao New Energy Industry Stock Fund.
Some leading companies in the new energy and non-ferrous metals sectors also received long-term fund buying. As of the end of the second quarter, the National Social Security Fund 110 Portfolio and JPMorgan Chase became new top 10 tradable shareholders of Shengtun Mining. UBS became a new top 10 tradable shareholder of CATL, holding 27.37 million shares at the end of the second quarter. JPMorgan Chase became a new top 10 tradable shareholder of Chint Electric, holding 4.41 million shares at the end of the second quarter. Some small-cap companies also attracted concentrated foreign buying; for example, at Zhonglan Environmental Protection, Goldman Sachs International, JPMorgan Chase, Morgan Stanley, and UBS became new top 10 tradable shareholders as of the end of the second quarter.
In terms of financial performance, many companies that received increased long-term fund holdings achieved growth. CATL posted revenue of RMB 276.92 billion in the first half of 2026, up 54.8% year-on-year, and net profit attributable to shareholders of RMB 43.28 billion, up 41.98%. The company also announced a share buyback plan, with a proposed repurchase amount of RMB 20 billion to RMB 40 billion, and all repurchased shares will be cancelled. Hongfa Co. achieved revenue of RMB 11.02 billion in the first half, up 32.05% year-on-year, and net profit attributable to shareholders of RMB 1.16 billion, up 19.89%.