Group 1 - Dongwu Securities' President Xue Zhen has been appointed as the Chairman of Dongwu Fund, succeeding Ma Zhenya who has transitioned to a senior supervisory role due to age [1][3] - Dongwu Securities holds a 70% stake in Dongwu Fund, which has seen three general managers since Ma Zhenya took over as Chairman in 2018 [1][4] - As of the end of Q2 2025, Dongwu Fund's management scale reached 37.681 billion yuan, ranking 93rd in the industry, an improvement of one position from the end of 2024 [1] Group 2 - Under Ma Zhenya's leadership for seven years, Dongwu Fund has experienced significant changes, including a notable increase in its public fund scale, which reached 39.857 billion yuan by the end of 2024, a year-on-year growth of 55.81% [4][5] - The fund's bond fund scale was 16.623 billion yuan, showing a year-on-year increase of 105.27%, while equity funds reached 8.799 billion yuan, up 75.66% year-on-year [4] - Despite the growth, Dongwu Fund's performance has been relatively moderate compared to the industry, which saw a public fund management scale increase from 13.03 trillion yuan in 2018 to 32.83 trillion yuan by the end of 2024, a growth of 151.83% [5] Group 3 - Dongwu Fund has faced frequent personnel changes, with three general managers since 2018, indicating instability in management [5][6] - The current general manager, Li Suming, is nearing retirement age, raising concerns about the continuity of leadership [6] - The appointment of Xue Zhen as Chairman has sparked interest in whether Dongwu Fund can leverage his resources and management skills to achieve breakthroughs in a highly competitive public fund industry [6]
东吴证券总裁薛臻又有新职务:担任东吴基金董事长