又有多家，解约！

Group 1 - Jiahe Fund announced the termination of its sales cooperation with Beijing Weidongli Fund Sales Co., effective November 28, 2025, to protect investor interests [2] - Weidongli has faced multiple legal issues since 2021, including service contract disputes and labor disputes, and was suspended from fund sales in 2022 due to six violations identified by the Beijing Securities Regulatory Bureau [5][10] - Other fund companies, including ICBC Credit Suisse, Minsheng, and Ping An, have also terminated their agreements with Weidongli since last year [4] Group 2 - China Merchants Fund will end its sales cooperation with Fangzheng Futures Co., effective November 27, 2025, following mutual agreement [6] - Fangzheng Futures, which obtained its fund sales license in November 2019, has seen several fund companies, including Hai Fu Tong and Tianhong, terminate their agreements this year [8] - The fund sales market is undergoing a significant reshuffle, with many small independent fund sales institutions, such as Fuxin Bank and Zhongmin Wealth, canceling their fund sales licenses due to intense competition and limited survival space [9]