公司风波不断！最新官宣：总经理换了

Core Viewpoint - The recent management changes at Beixin Ruifeng Fund, including the departure of General Manager Liu Xiaoling and the appointment of Xuan Xuezhhu, highlight ongoing challenges within the company, including significant declines in fund size and governance issues [2][3][10]. Management Changes - On August 8, Beixin Ruifeng Fund announced the departure of General Manager Liu Xiaoling due to work-related reasons, with Xuan Xuezhhu, former Deputy General Manager of Huaxia Bank's Financial Market Department, appointed as the new General Manager [3][6]. - Liu Xiaoling's tenure lasted less than two years, following a pattern of frequent executive turnover, as her predecessor Zhao Yuanfeng also served for just over a year [9]. Company Performance - Beixin Ruifeng Fund has faced numerous challenges in recent years, including labor disputes, layoffs, and significant losses at its subsidiary, with reported losses exceeding 1 billion yuan [13]. - The company's public fund size has drastically decreased from over 13.3 billion yuan at its peak in Q1 2020 to just 2.706 billion yuan by the end of Q2 this year, ranking it among the lowest in the industry [13][14]. - The only fund with a substantial size is the Beixin Ruifeng Stable Income Fund, which has over 2.2 billion yuan, primarily supported by a single institutional investor, while other funds are significantly smaller, with many below 50 million yuan [14]. Governance Issues - The current chairman, Liu Yanlei, replaced former chairman Xia Bin, who was reportedly deemed unsuitable by regulators, although this change has not been formally announced, which is unusual in the fund industry [10].