Amid the market volatility of the second quarter this year, the Social Security Fund, a stalwart long-term investor, proactively adjusted its portfolio and shifted stock holdings. The latest disclosure of 2025 semi-annual reports from listed companies reveals that the Social Security Fund appears among the top ten shareholders of tradable shares in 116 listed companies, with a total stock holding value amounting to 30.802 billion yuan. In selecting stocks, the Fund places emphasis not only on the quality of the company and a preference for industry leaders but also on the company's most recent performance. The basic chemical industry has emerged as the "epicenter" of the Fund's significant holdings, with 11 heavily weighted stocks, totaling 4.075 billion yuan in market value. Furthermore, the Fund has entered the top ten shareholders list for tradable shares in 25 companies, primarily in the high-end manufacturing, pharmaceutical, and biotech sectors. These portfolio adjustments underscore the Fund's optimism towards select companies and embody its commitment to long-term value investment.