Core Insights - The announcement on October 17, 2025, reveals the appointment of Shen Danying as a new fund manager for the Shangyin Huixing Ying Bond Fund (011529), effective immediately [1] - The fund's net value as of October 16, 2025, was 1.1404, reflecting a daily increase of 0.02% and a yearly increase of 1.98% [1] Fund Manager Profile - Shen Danying, a Chinese national with a master's degree, currently serves as an assistant fund manager at Shangyin Fund. She has held various positions including fixed income assistant researcher, trader, and researcher [1] - Since July 28, 2025, she has been an assistant fund manager for the Shangyin Huicaibao Money Market Fund and has taken on managerial roles for two other bond funds since September 4, 2025 [1] Fund Performance - The following are the public funds managed by Shen Danying: - Shangyin Juzengfu Regular Open Bond Fund (Code: 005431) with a scale of 7.48 billion, showing a return of -0.13% since her appointment on September 4, 2025 [1] - Shangyin Jushunyi Regular Open Bond Fund (Code: 013723) with a scale of 10.18 billion, showing a return of -0.20% since her appointment on September 4, 2025 [1]

Group 1 - The announcement states that from April 21, 2025, China Merchants Securities will begin selling certain funds managed by the company [1][2] - The applicable fund range includes the Shangyin Advanced Manufacturing Mixed Initiation Securities Investment Fund, with specific share classes A and C [2][3] - Investors can inquire about details through the official websites and customer service numbers of both China Merchants Securities and Shangyin Fund Management [1][2] Group 2 - The fund allows daily subscription, redemption, conversion, and regular investment business starting from April 21, 2025 [2][3] - The minimum subscription amount is set at RMB 1, including subscription fees, with no upper limit on the total amount held by a single investor [5][7] - The A class fund shares have a maximum subscription fee rate of 1.50%, which decreases with the increase in subscription amount [9][10] Group 3 - Redemption requests can be made for all or part of the fund shares, with a minimum redemption of 1 share and a minimum balance of 0.01 shares [11][12] - Redemption fees decrease with the holding period, with specific rates for different holding durations [12][13] - Fund conversion is allowed between certain funds managed by the company, with specific rules governing the process [20][21] Group 4 - Regular investment plans allow investors to set up automatic deductions for fund subscriptions, starting from RMB 1 [26] - The company provides multiple sales channels, including direct sales and various third-party sales institutions [27][29] - The net asset value of the fund shares will be disclosed on the following business day after transactions are processed [34]