Nan Fang Du Shi Bao·2025-11-27 08:47Group 1 - The core point of the article is the announcement of a leadership change at China Merchants Fund, with Wang Ying set to become the new chairman starting November 27, 2025, following the departure of former chairman Wang Xiaoqing [2][5] - Wang Ying has over 28 years of experience within the China Merchants system, having held various senior positions in China Merchants Bank, which is expected to enhance the synergy within the group [4][5] - The fund has undergone several leadership changes this year, including the appointment of new executives and the transition of roles, culminating in the completion of a new leadership team with Wang Ying's appointment [5][6] Group 2 - As of the end of Q3, China Merchants Fund's total asset management scale reached 1.59 trillion yuan, reflecting a 1.27% increase from the end of the previous year [6] - The fund's public offering management scale is close to 950 billion yuan, with a quarterly increase of over 40 billion yuan, while its non-monetary management scale exceeds 560 billion yuan [6] - In terms of financial performance, the fund reported a net profit of 789 million yuan for the first half of 2025, a year-on-year decline of 6.81%, while its operating revenue increased by 1.17% to 2.561 billion yuan [6]