Group 1 - The core point of the article is the leadership change at Huabao Fund, with Xia Xuesong appointed as the new chairman, succeeding Huang Kongwei due to age-related reasons [1][5][6] - Huabao Fund, established on February 12, 2003, is one of the first Sino-foreign joint venture fund management companies in China, currently managing nearly 340 billion yuan in public funds as of the end of Q2 [1][8] - The fund industry has seen significant executive turnover this year, with over 100 fund companies experiencing management changes, including 62 chairperson changes [1][3] Group 2 - Xia Xuesong has a strong background, having held various positions at Baosteel Group and Baoshan Iron & Steel, and has been the party secretary at Huabao Fund prior to his new role [4][6] - As of the end of Q2, Huabao Fund's public fund scale was 338.24 billion yuan, ranking 30th in the industry, with non-monetary fund scale at 161.07 billion yuan, ranking 31st [8] - Huabao Fund's equity ETF assets have surpassed 100 billion yuan, marking a significant milestone and solidifying its position among leading institutions in the ETF business [13]

Core Viewpoint - The article discusses the leadership change at Huabao Fund, with Xia Xuesong appointed as the new chairman, succeeding Huang Kongwei due to age-related reasons. This change reflects ongoing trends in the fund industry, where over 100 companies have experienced executive changes this year, including 62 chairperson transitions [2][4]. Company Overview - Huabao Fund was established on February 12, 2003, and is one of the first Sino-foreign joint venture fund management companies in China. As of the end of Q2, the fund managed nearly 340 billion yuan, ranking 30th in the industry [10]. - The fund's shareholders include Huabao Trust (51%), Warburg Pincus (29%), and Jiangsu Railway Group (20%) [10]. Leadership Change - Xia Xuesong, previously the secretary of the party committee at Huabao Fund, has a background in Baosteel Group and has held various senior positions in Baosteel and Baoshan Iron & Steel [8][7]. - Huang Kongwei stepped down as chairman due to age-related reasons, effective August 22, 2025 [8][4]. Fund Performance - As of the end of Q2, Huabao Fund's public fund scale was 338.241 billion yuan, with non-monetary fund assets at 161.069 billion yuan [10]. - The total asset scale of equity ETFs managed by Huabao Fund has surpassed 100 billion yuan, marking a significant milestone and solidifying its position among leading ETF providers [13]. Industry Context - The fund industry has seen significant executive turnover, with over 100 companies experiencing changes in leadership this year, indicating a dynamic environment [2][4].

Core Viewpoint - The recent leadership change at Huaan Fund, with Xu Yong taking over from Zhu Xuehua, marks a critical period for the company amid ongoing integration discussions with Haifutong Fund following the merger of their parent companies [1][4]. Group 1: Leadership Change - Zhu Xuehua has stepped down as the Party Secretary of Huaan Fund, and Xu Yong, previously the General Manager of China Merchants Fund, has joined Huaan Fund and is expected to take over as Chairman [1][2]. - Xu Yong's transition follows a strict departure audit process, ensuring compliance and business continuity [1][2]. - As of the latest update, Xu Yong's qualifications have not yet been officially transferred to Huaan Fund, indicating that formal announcements are pending [1][2]. Group 2: Company Performance - Under Zhu Xuehua's leadership, Huaan Fund's management scale increased significantly from 639.56 billion to 748.88 billion yuan over nearly 11 years, representing a growth of 10.7 times [3]. - As of the end of 2024, Huaan Fund reported total revenue of 3.11 billion yuan, a year-on-year decrease of 9.56%, and a net profit of 910 million yuan, down 2.66% [3]. Group 3: Industry Context - The merger of Guotai Junan and Haitong Securities has led to the integration of their asset management subsidiaries, including Huaan Fund and Haifutong Fund, which are currently exploring integration strategies [4][5]. - The regulatory framework allows for a single entity to hold multiple fund licenses, which complicates the integration process as both funds have distinct advantages in the market [5].

【导读】景顺长城基金董事长李进因任期届满离任，由总经理康乐代为履职 基金行业又有重要人事变动。 5月29日晚间，景顺长城基金发布高级管理人员变更公告，公司原董事长李进因任期届满于5月29日离任，相关 调整已经公司董事会审议通过。 景顺长城基金董事长届满离任 公告显示，李进离任后，由总经理康乐代任董事长一职，任职日期为5月29日。上述事项已经公司董事会审议通 过，并将按照现行法律法规履行备案程序。 | 离任高级管理人员职务 | 重事长 | | --- | --- | | 离任高级管理人员姓名 | 李进 | | 离任原因 | 任期届满 | | 离任日期 | 2025年5月29日 | | 转任本公司其他工作岗位的说明 | 无 | 公开资料显示，李进出生于1966年4月，现年59岁，毕业于中国人民银行研究生部保险学专业，硕士研究生，正 高级经济师。从业经历显示，他是一位金融老将，具备丰富的管理经验。 李进于1989年至1994年在中国科技财务公司工作，随后30余年均在"华能系"任职，曾任中国华能财务有限责任 公司副总经理、总经理、党组成员，华能资本副总经理、总经理、副董事长、党委书记等职。 在公司原董事长丁益于202 ...