兴证全球基金新任董事长、总经理确定；超30家上市券商取消监事会，审计委员会“接棒”

Group 1: Management Changes at Xingzheng Global Fund - Xingzheng Global Fund announced a management change, with Zhuang Yuanfang appointed as the new chairman and Chen Jinqian promoted to general manager [1][2] - Zhuang Yuanfang has over 33 years of experience in asset management and has been instrumental in the growth of the fund's management scale from 111.15 billion to 741.43 billion yuan from the end of 2016 to Q3 2025 [1][2] Group 2: Governance Structure Changes in Securities Firms - Over 30 listed securities firms, including CITIC Securities, have abolished their supervisory boards, transferring responsibilities to the audit committee, aligning with the new Company Law [3][4] - Approximately 74% of listed securities firms have made this change, which is expected to enhance decision-making efficiency and strengthen board oversight [3][4] Group 3: Fund Issuance Trends - The number of newly issued funds this year is expected to exceed 1,300, marking a three-year high, with a significant increase in stock funds, particularly index funds [4][5] - This surge in fund issuance indicates a more active market and is likely to bring additional capital into the A-share market, benefiting core index components [4][5] Group 4: Private and Public Fund Participation in Capital Increases - Private and public funds have invested over 35 billion yuan in capital increases this year, with a strong focus on the electronics sector [5][6] - The participation of private funds in 53 companies and public funds in 37 companies reflects a positive outlook on the long-term trajectory of China's technology industry, particularly with the rise of AI [5][6]