又一家公募，董事长离任

Core Viewpoint - The chairman of Invesco Great Wall Fund, Li Jin, has stepped down due to the expiration of his term, with General Manager Kang Le appointed as the acting chairman effective May 29, 2025 [1][2]. Company Management Changes - Li Jin's departure was approved by the board and he will not transition to another position within the company [2][5]. - Kang Le, who has been with the company since July 2011, will serve as acting chairman for a period not exceeding six months while completing the necessary qualification procedures [2][3]. Performance Metrics - Under Li Jin's leadership, the fund's non-monetary asset management scale reached 429.175 billion yuan by the end of Q1 2023, ranking 12th in the public fund industry [5]. - In comparison, the fund's public management scale was 332.504 billion yuan at the end of Q3 2020, ranking 21st [6]. - The total assets of Invesco Great Wall Fund were reported at 5.911 billion yuan with a net profit of 0.951 billion yuan for the year 2024, showing growth from 3.307 billion yuan in total assets and 0.822 billion yuan in net profit in 2020 [6]. Historical Context - Invesco Great Wall Fund was established in 2003 as the first Sino-American joint venture fund management company, with a shareholding structure where Invesco and Great Wall Securities each hold 49% [7][8]. - All previous chairmen have been affiliated with the "Huaneng System," indicating a consistent leadership background [7]. Industry Trends - The frequent changes in management positions within the public fund industry reflect the rapid development and potential of the asset management sector, with 21 fund companies changing general managers and 18 changing chairpersons this year [9].