Core Viewpoint - The article discusses the recent management changes at Haitong Asset Management, highlighting the departure of Wang Gang as General Manager and the appointment of Zuo Xiuhai as his successor. It also touches on the company's growth in asset management scale and its strategic direction in the asset management industry. Management Changes - Wang Gang has left his position as General Manager of Haitong Asset Management due to work changes, with Zuo Xiuhai appointed as the new General Manager [1][4] - Wang Gang's tenure as General Manager lasted approximately 14 months, having joined Haitong Asset Management in November 2023 and assumed the role in December 2023 [4] - Zuo Xiuhai has extensive experience with Haitong Securities and its subsidiaries, having worked there for 15 years in various roles before becoming General Manager of Haitong Asset Management [5] Asset Management Growth - Haitong Asset Management has seen significant growth in its asset management scale, reaching 93.5 billion yuan as of September 30, 2024, a 32% increase from 70.7 billion yuan at the end of 2023 [9] - The asset management scale includes 46.1 billion yuan in collective asset management (approximately 49%), 28.8 billion yuan in special asset management (approximately 31%), and 18.6 billion yuan in directed asset management (approximately 20%) [9] - The company is actively transforming its asset management business and expanding into the public offering market, utilizing a dual strategy of public and private offerings [9] Client Service and Qualifications - As of June 30, 2024, Haitong Asset Management has served over 1.47 million clients and more than 2,500 institutions, generating returns exceeding 111.8 billion yuan for its clients [10] - The company holds three qualifications from the China Securities Regulatory Commission, including securities asset management, qualified domestic institutional investor (QDII) for overseas securities investment management, and cash management product pilot [10]