【导读】 黄德良任兴银基金董事长 中国基金报记者 曹雯璟 8月30日， 兴银基金发布董事长变更公告 ， 任命黄德良为兴银基金新董事长 ，总经理易勇不再代为履行公司董事长职务。 业内人士表示，此番人事调整，黄德良有望凭借深厚的金融行业实战经验与集团化统筹管理能力，强化基金公司和股东方的深度协同合 作，而总经理易勇亦在大资管深耕数十年，行业经验丰富，未来兴银基金实现跨越式发展可期。 兴银基金迎新董事长 8月30日，兴银基金发布董事长变更公告。公告显示，黄德良出任公司董事长一职，任职时间为2025年8月29日。同时宣布，即日起总经 理易勇不再代为履行董事长职务。 | 基金管理人名称 | 兴银基金管理有限责任公司 | | --- | --- | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》 | | | 《证券基金经营机构董事、监事、高级管理人 | | | 员及从业人员监督管理办法》 | | 变更类型 | 新任基金管理公司董事长 | 根据简历，黄德良曾在兴业银行、兴业国际信托工作，现任华福证券董事长、总裁，兴银基金管理有限责任公司董事长。他在银行、信 托、证券等多元金融领域深耕近三十载，淬炼出覆盖金融链的 ...

Core Insights - The sixth China Fund of Funds Summit highlighted the significant decline in the establishment of new mother funds, with a notable reduction in both the number and scale of newly initiated funds in 2025 compared to 2024 [2][4][5] Group 1: Mother Fund Overview - As of June 30, 2025, there are 460 mother funds in China, with a total management scale of 299.73 billion RMB, reflecting a 23.7% decrease from the end of 2024 [2][3] - The decline in management scale is attributed to the removal of funds that no longer operate as mother funds, as many government-guided funds have shifted to direct investment [3][4] - In the first half of 2025, only 33 new mother funds were established, with a total scale of 1,970.17 million RMB, marking a 66% drop for government-guided funds and a 50% drop for market-oriented funds compared to the same period in 2024 [4] Group 2: Policy and Management Fee Concerns - The government has shifted its focus from quantity expansion to quality improvement in the establishment of mother funds, emphasizing long-term orientation and capital efficiency [5] - Since 2025, the management fee structure for equity investment funds has become stricter, with new regulations limiting management fees to a maximum of 2% of the actual investment amount [6][7] - The traditional management fee rate of 2% is being challenged, with many funds now only able to charge between 1% and 1.5% due to government involvement [6][8] Group 3: Fundraising Challenges and Solutions - The venture capital industry faces significant challenges in fundraising, with a lack of stable funding supply and inefficient exit mechanisms [12][13] - The introduction of "science and technology bonds" aims to provide a new fundraising tool for equity investment institutions, with over 30 institutions already issuing bonds totaling over 20 billion RMB [12][13] - Attracting long-term capital, such as social security and insurance funds, is crucial for addressing the fundraising difficulties in the venture capital sector [14][15] Group 4: Recommendations for Improvement - A multi-level long-term capital supply system should be established, focusing on collaboration between central and local governments to enhance the efficiency of fund operations [16][17] - Implementing a differentiated support policy for high-quality investment institutions can help concentrate resources and improve market efficiency [18][19] - Enhancing the exit mechanism for venture capital investments is essential, including expanding market participation and optimizing market infrastructure to facilitate smoother transactions [20]

吴说获悉，Grayscale 向美国证券交易委员会提交了 S-1 注册声明，以推出 Polkadot(DOT) 和 Cardano (ADA) ETF。这些文件是 Grayscale 此前已提交的 19b-4 表格的后续步骤，表明公司正在继续推进其产 品上市流程。此举并非全新的申请，而是其常规备案程序的一部分。 来源：市场资讯 （来源：吴说） ...

证券之星消息，8月30日发布《国泰君安1年定期开放债券型发起式证券投资基金分红公告》。2025年第 一次分红。公告显示，本次分红的收益分配基准日为8月8日，详细分红方案如下： | 分级基金筒称 | 代码 | 墓准日墓金净值 分红方案 | | | | --- | --- | --- | --- | --- | | | | (元) (元/10份) | | | | 国泰君安1年定开债券发起式 013272 | | | 1.03 | 0.20 | 本次分红对象为权益登记日登记在册的本基金所有份额持有人，权益登记日为9月1日，现金红利发放日 为9月3日。选择红利再投资方式的投资者所转换的基金份额将以2025年9月1日基金份额净值为计算基准 确定再投资份额，红利再投资所转换的基金份额将于2025年9月2日直接划入其基金账户，2025年9月3日 起投资者可以查询。根据财政部、国家税务总局的财税字[2002]128号《财政部、国家税务总局关于开 放式证券投资基金有关税收问题的通知》，基金向投资者分配的基金收益，暂免征收所得税。本基金本 次分红免收分红手续费。选择红利再投资方式的投资者其红利所转换的基金份额免收申购费用。 以上 ...

证券之星消息，8月30日发布《易米和丰债券型证券投资基金分红公告》。本基金本次分红为2025年度 第1次分红。公告显示，本次分红的收益分配基准日为8月8日，详细分红方案如下： | 分级基金筒称 | 代码 | 基准日基金净值 | | 分红方案 | | --- | --- | --- | --- | --- | | | | (元) | | (元/10份） | | 易米和丰信券A 016376 | | | 1.44 | 0.70 | | 易米和丰信券C 016377 | | | 1.41 | 0.70 | 本次分红对象为权益登记日在易米基金管理有限公司登记在册的本基金的全体基金份额持有人。，权益 登记日为9月1日，现金红利发放日为9月3日。选择红利再投资方式的投资者由红利转得的基金份额将以 2025年09月01日除权后的基金份额净值为计算基准确定再投资份额，红利再投资所转换的基金份额于 2025年09月02日直接划入其基金账户。本公司对红利再投资所产生的基金份额进行确认并通知各销售机 构，2025年09月03日起投资者可以查询。根据财政部、国家税务总局的财税字[2002]128号《关于开放 式证券投资基金有关税收问 ...

根据工银瑞信基金8月29日晚间公告，总经理高翀因工作调动于8月28日离任，工银瑞信基金董事长赵桂才从8月28日起代任总 经理。该起变更事项经工银瑞信基金董事会2025年第4次会议审议并通过，并按规定报监管机构备案。 | 离任高级管理人员职务 | 总经理 | | --- | --- | | 离任高级管理人员姓名 | 高瓣 | | 离任原因 | 工作调动 | | 离任日期 | 2025年8月28日 | | 转任本公司其他工作岗位的说明 | | 8月29日晚间，工银瑞信基金发布高管变更公告，总经理高翀离任，董事长赵桂才代任总经理。高翀是工银瑞信基金历史 上的第三任总经理，在任职4年多时间里工银瑞信基金管理总规模从1.7万亿元提升至2.1万亿元以上。 工银瑞信第三任总经理离任 工银瑞信基金是工商银行控股的基金公司，核心高管大多来自工商银行。公开信息显示，高翀2021年7月出任工银瑞信党委副 书记、总经理，曾于2000年7月至2021年7月，历任工商银行总行办公室副主任，资产管理部副总经理；中国工商银行上海市 分行副行长、党委委员。赵桂才1990年7月就加入工商银行，2020年加入工银瑞信基金，现任工银瑞信基金党委书记 ...

（民生银行） 8月29日，民生银行半年度业绩报告中披露的信息显示，截至报告期末，民生加银基金资产总额24.86亿 元，净资产19.59亿元。公司资产管理总规模2,139.88亿元，比上年末增长15.31%。 ...

8月29日，中国银行半年度业绩报告中披露的信息显示，中银基金在境内经营基金业务。6月末，中银基 金注册资本1.00亿元，资产总额72.56亿元，净资产59.58亿元；上半年，实现净利润4.20亿元。6月末， 资产管理规模7,459.45亿元，其中公募基金规模6,766.18亿元，非货币公募基金规模3,176.12亿元。 （中国银行） ...

Core Viewpoint - The announcement of a management change at ICBC Credit Suisse Asset Management, with Gao Chong resigning as General Manager due to job transfer, and Zhao Guicai taking over the position as of August 28, 2025 [1][2][19]. Group 1: Management Change - Gao Chong has been with ICBC Credit Suisse Asset Management since July 2021, serving as Deputy Secretary of the Party Committee before becoming General Manager [1][5]. - Zhao Guicai, who has over 30 years of experience in the financial industry, will serve as the acting General Manager. He has held various management positions within the Industrial and Commercial Bank of China (ICBC) [1][3][19]. - The management change is part of a broader personnel adjustment within the group, indicating a stable governance structure and corporate culture at ICBC Credit Suisse Asset Management [19]. Group 2: Company Performance - During Gao Chong's tenure from July 22, 2021, to August 28, 2025, the company's asset management scale increased from 7,183.33 billion to 7,951.74 billion, reflecting a growth of 768.41 billion, or 10.70% [1][5][6]. - The growth in asset management scale demonstrates the company's ability to navigate complex market conditions and the effectiveness of its product strategies [5][8]. - Different fund categories showed varied performance, with index funds and ETFs experiencing significant growth, while mixed funds faced challenges [7][8]. Group 3: Industry Context - The fund industry has seen a high turnover of executives, with 112 companies experiencing changes involving 258 individuals in 2025, indicating a competitive environment and increasing performance pressures [9][11]. - The frequent changes in management reflect the intensifying competition within the asset management industry, as firms strive to meet higher expectations from stakeholders [11][19].

Core Viewpoint - The report highlights the financial performance and operational developments of China Television Media Co., Ltd. for the first half of 2025, indicating a mixed performance with a decline in revenue but improvements in net profit and asset growth [1][2]. Financial Performance - The company's operating income for the first half of 2025 was approximately 229.18 million yuan, a decrease of 10.75% compared to the same period last year [2]. - The total profit for the period was approximately 16.79 million yuan, a significant recovery from a loss of about 15.30 million yuan in the previous year [2]. - The net profit attributable to shareholders was approximately 19.98 million yuan, recovering from a loss of about 18.43 million yuan in the previous year [2]. - The net cash flow from operating activities was negative at approximately -201.15 million yuan, worsening from -135.26 million yuan in the previous year [2]. - The total assets increased by 1.77% to approximately 1.63 billion yuan, while the net assets attributable to shareholders grew by 6.18% to approximately 1.29 billion yuan [2]. Industry Overview - The film and television industry is experiencing growth driven by policy support, technological innovation, and capital investment, with a notable increase in box office revenue, which reached 29.2 billion yuan, up 22.91% year-on-year [3][4]. - The introduction of the "Micro Short Drama+" initiative by the National Radio and Television Administration aims to promote cross-field integration and innovation within the industry [3]. - The competition in the media landscape is intensifying, with traditional media companies and internet platforms vying for market share [3]. Business Segments - The company has diversified its operations across several segments, including television program production and sales, media advertising agency, and film and television technology services [5][6]. - The television program production segment focuses on high-definition documentaries and large-scale events, leveraging strong relationships with major broadcasting networks [5]. - The advertising segment has faced challenges, with revenue declining by 38.69% to approximately 69.74 million yuan due to a shrinking traditional television advertising market [10][11]. - The tourism segment, which includes the operation of film shooting bases, generated approximately 84.20 million yuan, reflecting a 7.47% decline compared to the previous year [11]. Strategic Initiatives - The company is actively exploring new business models and enhancing its marketing strategies to adapt to changing market conditions [12]. - It is focusing on content innovation and expanding its market reach by leveraging resources from major broadcasting networks [12][13]. - The company is also investing in fund management and has established partnerships to support its media investment initiatives [8][19].