Nan Fang Du Shi Bao·2025-08-22 06:21Group 1 - Gao Ruidong, the head of the research institute at Everbright Securities, has resigned and is expected to join Everbright Prudential Fund as the general manager [2][4] - Wang Yifeng, the deputy director and chief analyst of the financial industry, will take over the daily operations of the research institute [2][6] - Gao Ruidong has a strong background in economics and has held various significant positions in the financial sector, including roles at the Ministry of Finance and OECD [4][6] Group 2 - Everbright Prudential Fund has been without a general manager for over four months following the departure of Liu Xiang [8][9] - The fund has a management scale that peaked at 1,068.46 billion RMB in December 2020, but has since decreased to 797.9 billion RMB as of August 2025 [9] - The public fund industry has seen frequent executive changes this year, with 19 fund companies, including Everbright Prudential Fund, changing their chairpersons [10][11] Group 3 - Everbright Securities has experienced a decline in commission income from 451 million RMB in 2020 to 149 million RMB in 2024, indicating a downward trend [7] - The overall performance of Everbright Securities showed a slight decline in 2023, but there has been a noticeable recovery in 2024, with a revenue of 3.61 billion RMB, down 25.61% year-on-year [7]