又见“清仓式”转让！

Core Viewpoint - Huachen Trust plans to transfer 40% equity of Huachen Future Fund at a listing price of 17.2 million yuan, indicating a "clearance-style" divestment by shareholders due to the fund's small scale and poor performance in the industry [1][3]. Group 1: Transfer Details - The transfer is set to occur from November 24, 2025, to December 19, 2025, with a total of 8 million shares involved [3]. - The transfer is approved by the Inner Mongolia Finance Department, and the ownership of the transfer target is confirmed to be clear and legally owned by the transferor [5][6]. Group 2: Fund Performance and Scale - Huachen Future Fund, established over 13 years ago, has a total scale of only 195 million yuan as of the end of Q3 this year, ranking at the bottom of the industry [1][10]. - The fund has reported a net loss of 20.01 million yuan for 2024 and a net loss of 11.4 million yuan for the first three quarters of 2025, with owner equity at -3.8863 million yuan [7]. - The fund's performance has been poor, with one bond fund ranking in the bottom 3% and a mixed fund performing at 21.21%, ranking in the top 45% [10]. Group 3: Historical Context - Since its establishment, Huachen Future Fund has only launched 11 funds, with only 4 approved for issuance, and no new products approved since 2022 [9]. - The fund's assets peaked at 1.318 billion yuan in Q1 2024 but have since declined significantly [10].