敏感时期董事长下课，德邦基金这一次玩大了

Core Viewpoint - The announcement of the resignation of Zuo Chang as the chairman of Debon Fund Management and the appointment of Wu Xiaochun as the acting chairman is a response to regulatory pressure following a significant compliance issue known as the "hundred billion marketing storm" [6][12][13]. Group 1: Management Changes - Zuo Chang has resigned from his position as chairman of Debon Fund Management due to "work adjustment," effective February 12, 2026, without being reassigned to another position within the company [4][11]. - Wu Xiaochun, who has over 30 years of experience in the financial industry, will serve as the acting chairman starting February 12, 2026 [10][14]. Group 2: Regulatory Context - The resignation follows a regulatory crackdown by the China Securities Regulatory Commission (CSRC) on Debon Fund's marketing practices, which involved collaborating with unqualified internet influencers to promote high-risk investment products [6][12]. - The CSRC emphasized the need for compliance and risk control to be a core strategic issue for companies, rather than just a specialized task for compliance departments [12][13]. Group 3: Company Performance - During Zuo Chang's tenure from April 2018 to February 2026, Debon Fund's assets under management grew from 13.327 billion yuan to approximately 69.7 billion yuan, marking a 5.24-fold increase [7][13].