Within the year, public funds allocated 33.8 billion yuan to new share subscriptions, with one-third going to ChangXin Technology; the STAR Market became the main battlefield.

As of September 20, 2026, a total of 125 public fund institutions had participated in the offline placement of 59 new stocks during the year, with a combined allocation of RMB 33.875 billion. Among them, Changxin Technology alone was allocated RMB 10.823 billion, accounting for 31.95% of the total amount allocated to public funds in new share subscriptions, making it the most concentrated target for public fund new share subscriptions during the year.