万亿公募董事长离任！

Core Viewpoint - Wang Xiaoqing has resigned as the chairman of China Merchants Fund, effective September 24, 2025, with General Manager Zhong Wenyue taking over the role. The company expressed gratitude for Wang's significant contributions during his tenure [1][4]. Management Changes - Wang Xiaoqing's resignation is attributed to work arrangements, and he will not take on any other positions within the company [3]. - Zhong Wenyue, who has a long history in the financial sector, will serve as the acting chairman. His previous roles include various senior positions at China Merchants Fund and other financial institutions [2][6][7]. Company Performance - Under Wang Xiaoqing's leadership from March 2020, the assets under management for both public and non-public funds at China Merchants Fund doubled, with the latest figures showing total assets of 926.9 billion yuan and non-public management assets of 553.2 billion yuan, placing the company among the top ten in the industry [4]. Future Outlook - Following the management changes, China Merchants Fund aims to enhance its core business layout and accelerate its transformation towards high-quality development, focusing on both active management and passive index businesses [8]. - The company recently launched a new fund, which successfully raised over 5 billion yuan in just one day, indicating strong market interest [8]. Industry Context - The public fund industry has seen a significant turnover in management, with over 287 executive changes reported in 2025 alone, including 68 chairpersons and 57 general managers [11].