2月14日，德邦基金发布公告称，武晓春自2月12日代任公司董事长，原董事长左畅因"工作调整"离任。 公告中未说明左畅是否将转任公司其他工作岗位。 公开信息显示，左畅自2018年4月起出任德邦基金董事长，任职时长接近8年。如今，其突然离任引发市场猜想。值得关注的是，此次代任德邦基金董事长的 武晓春来自德邦基金控股股东德邦证券。从过往履历来看，武晓春具备丰富的合规风控管理经验。 公开资料显示，德邦基金成立于2012年3月27日，是经中国证监会批准设立的第70家基金管理公司。由德邦证券与浙江省土产畜产进出口集团有限公司共同 持股，持股比例分别为80%和20%。 在左畅任职的近8年间，德邦基金公募管理规模从百亿元增长至700亿元左右，在167家公募持牌机构中排名第79位。Wind数据显示，截至2025年末，德邦基 金旗下34只公募产品规模合计为696.73亿元，其中货币型基金规模为153.59亿元，债券型基金规模为338.18亿元，分别占总规模比例为22%和49%；股票型和 混合型基金规模分别为12.93亿元和191.81亿元。 与左畅一样，武晓春同样来自德邦证券，其合规风控及管理履历丰富。资料显示，武晓春于2011 ...

Core Viewpoint - Sichuan Securities Regulatory Bureau issued a warning letter to Chuan Cai Securities due to violations in bond trading operations, highlighting ongoing compliance issues since 2021 [1][3][4] Group 1: Regulatory Actions - Chuan Cai Securities has faced regulatory measures for five consecutive years, with the latest warning focusing on inadequate internal controls and compliance in bond trading [1][3][4] - Specific issues identified include poor internal system construction, insufficient employee management, and inadequate compliance review processes [3][4] Group 2: Financial Performance - In 2024, Chuan Cai Securities reported a total operating income of 296 million yuan, a year-on-year decrease of 16.18%, and a net profit of 15.04 million yuan, down 38.64% [5] - The company ranked 119th in operating income, 124th in total profit, and 123rd in net profit among 150 securities firms, reflecting a decline in rankings compared to 2023 [5] - Self-operated investment remains the largest revenue source, contributing 31.08% to total income, although investment income decreased by 18.07% [5][6] Group 3: Investment Composition - In 2024, Chuan Cai Securities' self-operated investment scale reached 1.722 billion yuan, with bonds accounting for 87% of this total [2][6] - The company has recognized risk impairment provisions for other debt investments, with three major default projects having an investment cost of 466 million yuan and a book value of 160 million yuan [6]