Core Viewpoint - The article discusses the departure of renowned fund manager Liu Peng from China Asset Management Co., Ltd., citing "work arrangements" as the reason for his exit, and highlights the challenges faced by his successor, Yuan Qingwei, due to her lack of experience in fund management [1][2]. Group 1: Liu Peng's Performance - Liu Peng joined China Asset Management in June 2014 and has managed several funds, achieving an annualized return of 16.35% over his tenure [1]. - He managed a total of six funds, with the longest management period being over seven years for the "Jiaoyin Advanced Manufacturing Mixed A" fund, which yielded a return of 202% [2][3]. Group 2: Fund Management Transition - Yuan Qingwei, who succeeded Liu Peng as the general manager, has a background primarily in banking and lacks direct experience in fund management, posing a significant challenge for her leadership [1]. - The article notes that the public fund industry has high professional barriers, making the transition of leadership particularly critical [1].