Group 1 - The core point of the article is that Chunhou Fund has undergone a significant management and ownership restructuring to resolve a governance crisis caused by shareholder disputes [1][13][25] Group 2 - Chunhou Fund announced new executives including Chen Hong as the chairman, Zuo Jiqing as the general manager, and Shen Mengyu as the deputy general manager [1][13][14] - The previous chairman, Jia Hongbo, and general manager, Xing Yuan, have left their positions due to regulatory issues [14][24] Group 3 - The new ownership structure shows that Shanghai Changning State-owned Assets Management Company holds 58.8% of the shares, while Xing Yuan retains 31.2% and Li Wenzhong holds 10% [5][18][20] - The transfer of shares from previous shareholders to Changning State-owned Assets was approved by the China Securities Regulatory Commission [20][21] Group 4 - Chunhou Fund's management scale has significantly decreased from a peak of 354 billion to 199.12 billion, largely due to massive redemptions linked to the governance crisis [25] - The fund's two main products, Chunhou Anxin and Chunhou Anyu, have become the backbone of the company, with respective scales of 82.68 billion and 78.25 billion [25]