景顺长城迎新掌舵人！“华能系” 叶才新任董事长 年内公募高管变动超240人次

Core Viewpoint - The announcement of a new chairman, Ye Caixin, for Invesco Great Wall Fund has drawn attention in the industry, marking a significant leadership change in the company [2][4]. Company Overview - Invesco Great Wall Fund was established on June 12, 2003, as the first Sino-American joint venture fund company in China, co-founded by Invesco and Great Wall Securities, along with other partners [4]. - The company has a registered capital of 130 million yuan and is headquartered in Shenzhen [4]. - As of the end of Q2 this year, the fund's public offering management scale reached 646 billion yuan, ranking 20th among 162 licensed public fund institutions in the market [5]. Leadership Change - Ye Caixin officially took over as chairman on August 4, 2025, succeeding Li Jin, who left due to the expiration of his term [3][4]. - Ye has extensive experience in finance, having held various positions within China Huaneng Group and its subsidiaries, including roles as Chief Accountant and General Manager [3]. - This change marks the seventh chairman for Invesco Great Wall Fund, all of whom have been affiliated with Huaneng Group [4]. Financial Performance - In the previous year, Invesco Great Wall Fund reported an operating income of approximately 3.373 billion yuan, a year-on-year decrease of 11.93%, and a net profit of about 951 million yuan, down approximately 19% [5]. - The fund has been expanding its business in fixed income and index products, with its ETF business reaching a scale of 61.708 billion yuan [5]. Industry Context - The frequency of executive changes in the public fund industry has been notably high this year, with over 240 changes reported across 107 companies [6][7]. - The changes include 55 chairmen and 50 general managers, indicating a trend of management restructuring in response to competitive pressures and strategic adjustments within the industry [7][11].