Core Viewpoint - The announcement of the retirement of He Yanping, General Manager of Western Lide Fund, marks a significant leadership change, with Chairman He Fang taking over the role temporarily. The company expresses gratitude for He Yanping's contributions during her tenure [1][14]. Group 1: Leadership Transition - He Yanping will retire on October 4, 2025, after nearly ten years of service, having joined the company in November 2015 [3][5]. - Under her leadership, the company's asset scale grew from 9.374 billion to 115.825 billion, an increase of over 11 times [5][12]. - He Fang, the current Chairman, will assume the role of General Manager, bringing extensive experience from various positions in the securities industry [13][14]. Group 2: Company Performance - As of mid-2025, Western Lide Fund's managed assets reached 1166.5 billion, with a significant portion in bond funds, indicating strong liquidity management capabilities [7][9]. - The company reported a revenue of 201 million, a year-on-year increase of 5.52%, while net profit decreased by 3.09% to 28.09 million [6][9]. - Over the past five years, the fund's cumulative return was 14.48%, significantly outperforming the Shanghai and Shenzhen 300 Index [9][10]. Group 3: Challenges and Governance - A recent incident involving a fund manager's gambling has raised concerns about the company's internal risk control mechanisms [13][14]. - The transition of leadership comes at a time when the company must address governance issues while maintaining its commitment to stable development and long-term investment principles [14].