Group 1 - The core point of the news is the resignation of Bao Wuke, a prominent fund manager at Invesco Great Wall Fund, due to personal reasons, effective May 16, 2025 [2][4] - Bao Wuke managed a total of 8 funds with an aggregate scale of 16.207 billion, with five of them achieving an annualized return exceeding 10% [4] - The resignation follows a trend in the industry where 138 fund managers have left their positions this year, marking a 22% increase compared to the same period last year [7] Group 2 - Invesco Great Wall Fund has appointed new fund managers for the 8 funds managed by Bao Wuke prior to his resignation, indicating a proactive approach to management continuity [2][6] - The industry is experiencing high turnover, with 213 new fund managers appointed this year, reflecting a dynamic and competitive environment [7] - The departure of Bao Wuke and other notable fund managers may be influenced by performance pressures, internal company factors, and the competitive landscape of the fund management industry [9]