Group 1 - Li Yongxing has been appointed as the Deputy General Manager of Su Xin Fund effective August 25, 2025 [2][3] - Li Yongxing has 18 years of experience in the securities industry, previously holding positions such as Assistant General Manager and Fund Manager at Yongying Fund [5][6] - Su Xin Fund is a joint venture public fund company established by Suzhou Bank, Kaide Fund, and Suzhou Industrial Park Economic Development Co., with a registered capital of 300 million yuan [7] Group 2 - Su Xin Fund primarily focuses on bond funds, index funds, and enhanced index products, managing a total of 15.876 billion yuan across its products [7] - The company recently appointed Cui Qingjun as the new chairman, who has extensive banking management experience [8]

Core Viewpoint - Li Yongxing has been appointed as the Deputy General Manager of Su Xin Fund, bringing 18 years of experience in the securities industry [2][4]. Group 1: Appointment Details - Su Xin Fund announced the appointment of Li Yongxing as Deputy General Manager effective August 25, 2025 [4][5]. - Li Yongxing has held various positions including Assistant General Manager and Fund Manager at Yongying Fund, and has extensive experience in fund management [6][7]. Group 2: Background and Experience - Li Yongxing began his career in July 2006 at China Asset Management Co., where he served as a researcher and fund manager [6]. - He has also worked as the Investment Director at Jiutai Fund and held senior positions at Yongying Fund, including Deputy General Manager [6][7]. - Under his management, the funds he oversaw reached a peak size of over 15 billion yuan in early 2021, although this decreased to nearly 2 billion yuan by the end of 2024 [7]. Group 3: Investment Strategy - Li Yongxing is characterized as a "top-down" fund manager, focusing on macroeconomic analysis to identify investment opportunities in industries and individual stocks [7]. - His investment approach emphasizes two key aspects: "price" and "volume," where "price" refers to a company's ability to innovate and maintain high profit margins, and "volume" includes industry growth and market share gains from domestic replacements [7]. Group 4: Company Overview - Su Xin Fund is the 15th bank-affiliated public fund company in China, established in partnership with Suzhou Bank, Kaide Fund, and Suzhou Industrial Park Economic Development Co., with a registered capital of 300 million yuan [9]. - The company primarily focuses on bond funds, index funds, and enhanced index products, managing a total of 15.876 billion yuan across five public products [9].