Cinda Securities(SH:601059) Sou Hu Cai Jing·2025-08-23 04:11Core Viewpoint - The chairman of Xinda Australia Fund, Zhu Ruimin, has resigned due to work arrangements, with Shang Jian temporarily taking over the position. This change reflects a broader trend of frequent executive turnover in the fund management industry, particularly among top positions like chairman and general manager [1][3][9]. Company Summary - Zhu Ruimin resigned from her position as chairman on August 22, 2025, and Shang Jian has been appointed as the acting chairman [3][6]. - As of the end of Q2 2025, Xinda Australia Fund's management scale reached 103.006 billion yuan, with non-monetary management scale at 68.111 billion yuan [4][6]. - Zhu Ruimin has a background in various financial institutions and has held significant roles within Xinda Securities, the largest shareholder of Xinda Australia Fund, owning 54% of the company [4][6]. - Shang Jian has over 18 years of experience in the financial industry, having held key positions in several financial institutions, including Xinda Securities [5][6]. Industry Summary - The fund management industry has seen a high frequency of executive changes in 2025, with 109 fund companies experiencing management changes and a total of 249 executives changing roles [9]. - Notably, 27 fund companies have seen changes in their general managers, while 30 companies have had changes in their chairmen, indicating a significant turnover in leadership [9][10]. - The reasons for these changes are varied, including strategic adjustments by shareholders, personal career choices, and retirement, reflecting the dynamic nature of the asset management industry [10].