兴证全球基金老将庄园芳二次掌“帅印” 旗下143只基金管理规模7420亿创新高

Core Viewpoint - The announcement of new leadership at Xingzheng Global Fund, with Zhuang Yuanfang appointed as Chairman and Chen Jinqian as General Manager, marks a significant transition in the company's management structure, aiming to ensure stability and continuity in its operations [1][5][4]. Management Changes - Zhuang Yuanfang has been promoted to Chairman and legal representative, having a long tenure of over 33 years in the industry, including previous roles at Xingzheng Global Fund [3][4]. - Chen Jinqian, with over 26 years of investment experience, has been appointed as General Manager, previously serving as Deputy General Manager [5][3]. - Both executives have been with the company for over 10 years, fostering a culture of professionalism and responsibility [5]. Fund Performance and Management Scale - Xingzheng Global Fund manages 143 funds with a total management scale of 741.992 billion yuan, which has increased by 44.73 billion yuan since the end of 2024 [1][6]. - The fund's flagship product, Xingquan Global Vision Stock Fund, has shown strong performance, with a 3-month increase of 21.68% and a 6-month increase of 37.89% as of November 7, 2025 [2][7]. Shift in Fund Composition - There has been a notable increase in the scale of money market funds, which reached 414.016 billion yuan by the second quarter of 2025, compared to 186.923 billion yuan in the third quarter of 2020 [8][6]. - Conversely, the scale of equity funds has decreased significantly, with mixed funds shrinking from 235.469 billion yuan in 2021 to 122.84 billion yuan by mid-2025 [7][8]. Financial Performance - The company's revenue and net profit have declined from 3.916 billion yuan and 1.376 billion yuan in the first half of 2021 to 1.785 billion yuan and 719 million yuan in the first half of 2025, respectively [8].