Core Viewpoint - The chairman of Kaishi Fund, Chen Jiwu, has been issued a consumption restriction order by the Shanghai Huangpu District People's Court, highlighting significant legal and operational challenges faced by the company in the public fund industry [1][2]. Group 1: Legal Issues - The Shanghai Huangpu District People's Court issued a consumption restriction order due to the company's failure to fulfill its financial obligations as determined by a legal document [2][3]. - The restriction prohibits high consumption behaviors, including travel by first-class or higher, staying in star-rated hotels, and purchasing non-essential vehicles [3][4]. Group 2: Company Background - Kaishi Fund was established on May 10, 2017, and is recognized as the second public fund in China to transition from private to public, being fully owned by individuals [5]. - Chen Jiwu, a veteran in the public fund industry, has a history of working with notable firms such as Southern Fund and Fuqun Fund before founding Kaishi Fund [5]. Group 3: Financial Performance - Over the past eight years, Kaishi Fund has struggled to grow, with only three funds remaining under management as of the end of Q1 this year, down from eight funds in 2020 [7]. - The total non-monetary assets managed by Kaishi Fund are less than 200 million yuan, a significant decline of approximately 90% from the peak of 1.425 billion yuan in Q3 2019 [7].
罕见!这家公募董事长被“限消”
Zhong Guo Ji Jin Bao·2025-06-10 07:22