北京商报讯（记者 李海媛）10月10日，西部证券公告称，控股子公司西部利得基金原总经理贺燕萍因 到龄退休，辞去西部利得基金董事、总经理职务，辞职后贺燕萍在西部利得基金不再担任任何职务。西 部利得基金董事长何方代为履行总经理职责，代职期不超过六个月。 ...

10月10日，西部利得基金管理有限公司（下称"西部利得基金"）发布高管变更公告，原总经理贺燕萍因 到龄退休正式离任，离任时间为10月4日。公司董事长何方自同日起代为履行总经理职务。 | 代任高级管理人员职务 | 总经理 | | --- | --- | | 代任高级管理人员姓名 | 何方 | | 是否经中国证监会核准取得高管任职资格 | | | 中国证监会核准高管任职资格的日期 | | | 任职目期 | 2025年10月4日 | 根据西部利得基金公告，公司董事长何方已开始代为履行总经理职务。 | 离任高级管理人员职务 | 总经理 | | --- | --- | | 离任高级管理人员姓名 | 贺燕萍 | | 离任原因 | 到龄退休 | | 离任日期 | 2025年10月4日 | | 转任本公司其他工作岗位的说明 | | 十年掌舵铸就千亿规模 贺燕萍的退休，标志着西部利得基金一个时代的结束。公开履历显示，贺燕萍是国内资管行业的资深老 将，1990年起，她历任北京市永安宾馆业务主管，1998年进入证券行业后，先后担任华夏证券研究所客 户部经理、中信建投证券机构销售部总经理助理、光大证券销售交易部总经理、光大证券资产管 ...

截至发稿，西部证券市值为391亿元。 每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ （记者 曾健辉） 每经AI快讯，西部证券（SZ 002673，收盘价：8.74元）10月10日晚间发布公告称，近日，原西部利得 基金总经理贺燕萍女士因到龄退休，辞去西部利得基金董事、总经理职务，辞职后贺燕萍女士在西部利 得基金不再担任任何职务。 2025年1至6月份，西部证券的营业收入构成为：证券投资业务占比37.63%，证券经纪业务占比 21.87%，总部及其他占比14.44%，资产管理业务占比10.33%，信用业务占比9.69%，投资银行业务占比 7.04%。 ...

西部证券公告，西部利得基金管理有限公司原总经理贺燕萍女士因到龄退休，已辞去总经理职务。目 前，西部利得基金董事长何方先生代为履行总经理职责，代职期不超过六个月。 ...

Core Viewpoint - Western Securities announced the retirement of He Yanping, the general manager of Western Lide Fund Management Co., a subsidiary of Western Securities, due to reaching retirement age [1] Group 1 - He Yanping has resigned from her positions as director and general manager of Western Lide Fund, and will not hold any position in the company after her resignation [1] - He Fang, the chairman of Western Lide Fund, will temporarily assume the responsibilities of the general manager for a period not exceeding six months [1]

证券代码：002673 证券简称：西部证券 公告编号：2025-069 西部利得基金管理有限公司（以下简称"西部利得基金"）为西 部证券股份有限公司的控股子公司。 近日，原西部利得基金总经理贺燕萍女士因到龄退休，辞去西部 利得基金董事、总经理职务，辞职后贺燕萍女士在西部利得基金不再 担任任何职务。西部利得基金董事长何方先生代为履行总经理职责， 代职期不超过六个月。 特此公告。 西部证券股份有限公司董事会 2025 年 10 月 10 日 西部证券股份有限公司 关于控股子公司西部利得基金管理有限公司 主要负责人辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 ...

Group 1 - The financial technology sector is experiencing a decline, with the China Securities Financial Technology Theme Index dropping by 2.48% as of October 10, 2023, and many constituent stocks showing significant losses, such as Star Ring Technology-U down by 7.32% and Zhinancun down by 6.59% [1] - Despite the overall downturn, Advanced Digital Technology saw a counter-trend increase of 10.87%, indicating some stocks are performing well amidst the broader market decline [1] - The Baijia Financial Technology ETF (159851) has seen its market price drop over 2%, returning to the vicinity of the 60-day moving average, with a trading volume of nearly 500 million yuan and a net subscription of 62 million shares in real-time [1] Group 2 - Western Securities suggests that investors should continue to focus on the opportunities in the consumer-facing financial technology sector, driven by ample liquidity and improved risk appetite, with technology and traffic remaining core competitive drivers [3] - Minsheng Securities highlights a new wave of policy and innovation opportunities in financial technology, recommending attention to leading internet financial companies, financial technology vendors, securities IT vendors, and cross-border payment companies [3] - The financial technology ETF (159851) has a latest scale exceeding 12 billion yuan, with an average daily trading volume of over 1 billion yuan in the past month, indicating strong liquidity and market interest compared to other ETFs tracking the same index [3]

Core Viewpoint - Western Leading Fund announced the resignation of General Manager He Yanping due to "age retirement" on October 4, which is unrelated to the previous gambling incident involving fund manager Xie Wenzeng [1][2] Group 1: Management Changes - He Yanping's retirement was predetermined and not connected to the gambling incident involving Xie Wenzeng, who was caught gambling in Shanghai [2][4] - He Yanping had previously stepped down as Chief Information Officer on August 27, 2023, before her retirement as General Manager [2][4] - He Yanping has been with Western Leading Fund since November 16, 2015, when the company's asset management scale was under 10 billion RMB [4] Group 2: Company Background - Western Leading Fund is a state-controlled fund management company, with shareholders including Western Securities (51%) and Lide Technology Co., Ltd. (49%), and a registered capital of 370 million RMB [3] - The company was established on July 20, 2010, and is the 60th public fund approved in the industry [3] Group 3: Product Structure and Performance - The company has a strong "brokerage system" background, with a high proportion of fixed-income products, which is common among brokerage-affiliated fund companies [4] - As of the latest statistics, the total net asset value of all funds managed by Western Leading Fund is 116.95 billion RMB, with money market funds at 23.61 billion RMB and bond funds at 78.90 billion RMB [4] - The company has launched 16 new funds since 2025, with only 3 being pure bond funds, indicating a shift towards index funds [5] Group 4: Challenges and Opportunities - There is significant room for improvement in managing equity funds, as some products have faced liquidation, such as the Western Leading Quarterly Hong Fund, which did not meet the asset threshold for continuation [6] - The liquidation of smaller funds has minimal impact on the overall company, but it highlights challenges in product innovation and equity investment [6]

Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 3.15% with a transaction volume of 251 million yuan [3] - Over the past week, as of October 9, the average daily transaction volume of the Rare Earth ETF reached 783 million yuan, ranking first among comparable funds [3] - The fund's scale increased by 386 million yuan in the past two weeks, also ranking first among comparable funds [3] - The number of shares increased by 2.131 billion in the past three months, marking significant growth and ranking first among comparable funds [3] - As of October 9, the net value of the Rare Earth ETF has risen by 93.31% over the past year, placing it in the top 0.16% of index equity funds [3] - The highest monthly return since inception was 41.25%, with the longest consecutive monthly increase being four months and a maximum increase of 83.89% [3] Group 2: Rare Earth Industry Policy and Supply Chain - The Ministry of Commerce has introduced a new round of export control policies for rare earths, aimed at strengthening management of the rare earth industry chain [4] - These policies include regulations on the recycling and utilization of secondary resources, with expectations that by 2025, secondary recovery will account for 27% of the rare earth supply chain [4] - The new regulations will strictly control the incremental supply of rare earths, making it difficult for the market to experience sudden increases in supply [4] - The focus of these controls is primarily on medium and heavy rare earths, including metals such as samarium, dysprosium, and terbium [4] - The tightening of policies may lead to frequent fluctuations in rare earth supply, potentially improving the overall supply-demand dynamics in the industry [4] Group 3: Top Weighted Stocks in Rare Earth Industry - The top ten weighted stocks in the Zhongzheng Rare Earth Industry Index account for a total of 61.96% of the index [3] - The leading stocks include Northern Rare Earth, Wolong Electric Drive, Lingyi Zhi Zao, China Rare Earth, Shenghe Resources, Greeenmei, Goldwind Technology, Baotou Steel, Xiamen Tungsten, and China Aluminum [3] - The performance of these stocks varies, with Northern Rare Earth showing a decline of 0.81% and China Rare Earth declining by 2.51% [6]

Core Viewpoint - The article discusses the retirement of He Yanping, the General Manager of Western Lide Fund, and the appointment of He Fang as the acting General Manager, highlighting the company's growth and achievements during He Yanping's tenure [2][4]. Management Changes - On October 10, Western Lide Fund announced the retirement of General Manager He Yanping due to reaching retirement age, effective October 4 [4][6]. - He Fang, the Chairman, has been appointed as the acting General Manager [4][5]. Company Performance - As of June 30, 2025, Western Lide Fund achieved a compound annual growth rate of over 25% in non-monetary fund management scale, surpassing 100 billion yuan, reaching 116.646 billion yuan [9]. - The company manages 74 public funds, with a significant portion in bond funds, totaling 78.898 billion yuan, and money market funds amounting to 23.613 billion yuan [9]. Investment Strategy and Structure - Under He Yanping's leadership, the fund established a stable and differentiated positioning as a "basic product supplier," leading to resilience across various business lines including fixed income, quantitative, equity, and mixed assets [7]. - The company developed a "shared" organizational system centered around a "modular matrix structure" and the "WISE system," enhancing decision-making efficiency and research capabilities [7]. Historical Context and Achievements - Western Lide Fund was founded in July 2010 with a registered capital of 370 million yuan, and is a state-controlled fund management company [9]. - Over the past decade, the fund's fixed income products have achieved a performance of 91.87%, ranking 1st out of 71 in the industry [10].