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With the successive disclosure of the 2024 annual reports of listed companies, the latest position data of tens of billions of private placements has surfaced.

According to the latest statistics of the private placement network, as of April 15, a total of 23 private equity products of 10 billion yuan appeared in the list of the top ten liquid shareholders of 57 A-share listed companies in the fourth quarter of last year, with a total market value of 22.642 billion yuan.

Judging from the changes in the number of shares, in the fourth quarter of last year, there were 8 new stocks, 17 stocks increased their holdings, 20 stocks remained unchanged, and 12 stocks were reduced.

From the perspective of the industry distribution of heavy stocks in the fourth quarter of 10 billion private placements, among the 57 heavy stocks in the fourth quarter of 10 billion private placements, the basic chemical industry has the largest number of stocks, accounting for 11; followed by electronics industry stocks, accounting for 9; It was followed by machinery and equipment and the pharmaceutical and biological industries, accounting for 8 and 6 respectively.

Gao Yi Assets: New entry into Yangnong Chemical

According to the statistics of the private placement network, the products of Gaoyi Assets will hold 11 stocks in the fourth quarter of 2024, with a total market value of 10.194 billion yuan. From the perspective of industry distribution, among the heavy stocks of Gaoyi Assets in the fourth quarter, pharmaceutical and biological and basic chemical stocks accounted for 3, in addition to 2 stocks in the food and beverage industry, and 1 stock in the electronics, mechanical equipment and non-ferrous metal industries.

Specifically, in the fourth quarter of 2024, Gaoyi Assets increased its holdings in 4 stocks, including Tongrentang (600085), Zhongju High-tech (600872), Zijin Mining (601899), and Ruifeng New Materials (300910), increasing its holdings by 8.5 million shares, 7.7 million shares, 7.2151 million shares and 1 million shares, with a market value of 954 million yuan, 694 million yuan, 5.169 billion yuan and 619 million yuan respectively. At the same time, in the fourth quarter of 2024, Gaoyi Assets will enter 3.932 million shares of Yangnong Chemical (600486), a new stock in the basic chemical industry, with a total market value of 2.275 billion yuan.

In addition, the number of Shengyi Technology (600183) and Tiandi Technology (600582) held by Gaoyi Assets in the fourth quarter of 2024 remained unchanged, with a market value of 1.203 billion yuan and 104 million yuan respectively. In the fourth quarter of 2024, Gaoyi Assets reduced its holdings of Yuntianhua (600096), Angel Yeast (600298), Dongcheng Pharmaceutical (002675) and Jianxingyuan (600380), with 942,400 shares, 10 million shares, 10 million shares and 18,546,400 shares, with a market value of 195 million yuan, 667 million yuan, 263 million yuan and 101 million yuan respectively.

From the perspective of fund managers, Xiaofeng No. 2 Zhixin Fund and Xiaofeng Hongyuan Collection, managed by Deng Xiaofeng, chief investment officer of Gaoyi Assets, withdrew from the top ten circulating shareholders of a number of listed companies. Wind data shows that Xiaofeng Hongyuan Collection withdrew 4 companies, and Xiaofeng No. 2 Letter Fund withdrew 12 companies.

As of April 15, Xiaofeng Hongyuan Group only appeared on the list of the top ten circulating shareholders of two listed companies, Jianxingyuan and Zijin Mining, and Xiaofeng No. 2 Letter Fund only appeared on the list of the top ten circulating shareholders of Zijin Mining at the end of last year. In the fourth quarter of last year, these two private equity products increased their positions in Zijin Mining, a leading non-ferrous metal, by more than 7.2 million shares, increasing the number of shares held to 342 million shares, with a reference market value of 5.169 billion yuan at the end of the period. Previously, Deng Xiaofeng had reduced his holdings in Zijin Mining for several consecutive quarters, and he chose to re-increase his position in the fourth quarter of 2024.

At the same time, Deng Xiaofeng also significantly reduced his holdings of Healthy Yuan, Foreign Trade Trust - Gao Yi Xiaofeng Hongyuan reduced his holdings by more than 4.17 million shares, the number of shares held fell to 8.9583 million shares, and the market value of the holdings was about 100 million yuan; Gao Yi Xiaofeng No. 2 Letter Fund withdrew from the list of the top ten circulating shareholders of the stock in the fourth quarter of last year.

Wind data shows that as of April 15, Gao Yi Lingshan No. 1 Yuanwang Fund, managed by Feng Liu, a well-known fund manager of Gao Yi Assets, had a market value of 4.398 billion yuan as of the end of last year, appearing on the list of the top ten circulating shareholders of 6 listed companies.

Specifically, Feng Liu will increase his holdings in Tongrentang, Zhongju High-tech, and Ruifeng New Materials in the fourth quarter of 2024; reduce holdings of Angel Yeast and Dongcheng Pharmaceutical; The number of positions held in Shengyi Technology remains unchanged.

According to the 2024 annual report released by Zhongju High-tech, Feng Liu's fund increased its position by 7.7 million shares in the fourth quarter of last year, with a market value of 694 million yuan at the end of the period, ranking the fourth largest circulating shareholder. At the same time, Feng Liu once again increased his position in Tongrentang. In the first quarter of 2024, Feng Liu reduced some of his previously held Tong Ren Tang, and in the third quarter of 2024, Feng Liu re-increased his holdings of 1.2 million shares of Tong Ren Tang, and in the fourth quarter of 2024, Feng Liu increased his position by 8.5 million shares. As of the end of 2024, Feng Liu holds 23.5 million shares of Tongrentang, with a market value of 954 million yuan.

In addition, Feng Liu also increased his holdings in the lubricant additives company - Ruifeng New Materials, which increased his holdings by 1 million shares in the fourth quarter of last year, with a holding number of 13 million shares and a market value of 619 million yuan.

As of April 15, Yangnong Chemical, the only new stock of Gaoyi Assets in the fourth quarter of last year, was completed by Zhuo Liwei, manager of Gaoyi Assets. The "Gao Yi Liwei Select Weishi Fund" managed by Zhuo Liwei has newly become the tenth largest circulating shareholder of Yangnong Chemical, with 3.932 million shares and a reference market value of 228 million yuan at the end of the period.

Ruijun Assets: Heavy position in the electronics industry

In the fourth quarter of last year, Ruijun Assets was the sole pet of the electronics industry, and its three heavy stocks were all stocks in the electronics industry, namely Espressif Technology (688018), Xinpeng Micro (688508) and Shengong (688233). Among them, Shengong shares are new shares, with a market value of 21 million yuan, and the number of shares held by Xinpeng Micro remains unchanged, with 1.5273 million shares, and a market value of 66 million yuan. During the same period, the company also added 107,300 shares of Espressif Technology to 4,033,900 shares, with a market value of 879 million yuan.

All three stocks performed well in the fourth quarter of last year, with Espressif Technology's share price rising 86.23%.

Espressif Systems focuses on the R&D, design, and sales of Wi-Fi MCU chips, which are widely used in the core areas of the Internet of Things, such as smart home, smart lighting, smart payment terminals, smart wearables, sensing devices, and industrial control. According to the financial report, Espressif's 2024 annual performance has reached a record high. In 2024, the operating income will reach 2.007 billion yuan, a year-on-year increase of 40.04%; The net profit attributable to the parent company reached 339 million yuan, a year-on-year increase of 149.13%.

Freshwater Springs: 2 new shares

At the end of the fourth quarter of last year, Tamsui Spring Xinjin New Building Materials (000786) and Hongfa (600885) were listed among the top ten circulating shareholders. As of the end of 2024, Tamsui Spring holds 8,778,500 shares of Beijing New Building Materials, with a market value of 266 million yuan, and holds 7,361,900 shares of Hongfa with a market value of 234 million yuan.

Renqiao Assets: Reduced long-lasting Far Eastern Silver Sea

According to the data as of April 15, Renqiao Assets, helmed by Xia Junjie, and its Foreign Trade Trust-Renqiao Zeyuan Equity Private Securities Investment Fund reduced its holdings of Far Eastern 002777 Silver Sea () in the fourth quarter of last year, and its holdings of Hailu Heavy Industry (002255) and Sanwei Xin'an (688489) remained unchanged.

Jiuyuan Yinhai's performance in 2024 is poor. According to the 2024 annual report disclosed by Jiuyuan Yinhai, the company achieved a total operating income of 1.339 billion yuan for the whole year, a year-on-year decrease of 0.55%; the total profit was 81.7907 million yuan, a year-on-year decrease of 56.48%; The net profit attributable to shareholders of listed companies was 73.2612 million yuan, a year-on-year decrease of 55.96%.