Core Viewpoint - Multiple well-known fund managers have resigned from their managed funds at the beginning of 2026, indicating a significant trend in the public fund industry [1]. Group 1: Resignations of Fund Managers - Chen Qiming has resigned from most of his fund manager positions as of January 26, 2026, due to personal reasons, following his previous resignation as Deputy General Manager of Huafu Fund [2][4]. - Other notable fund managers, including Jiang Xu from Huazheng Fund and Dong Li from Xingzheng Global Fund, have also recently stepped down from their managed funds [3][8]. - Dong Li resigned from his position as the manager of Xingquan Light Asset Mixed Fund on January 20, 2026, after having appointed a co-manager just a month prior [8][9]. Group 2: Performance and Background of Resigned Managers - Chen Qiming joined Huafu Fund in 2010 and has held various positions, including Assistant General Manager and Director of Equity Investment. His long-term management of the Huafu Value Growth Mixed Fund has yielded a return of 417.98% since September 26, 2014, significantly outperforming the industry average [7]. - Dong Li, who joined Xingzheng Global Fund in August 2017, was known for managing flagship products with substantial assets, including the Xingquan Trend Investment Mixed Fund, which had an annualized return exceeding 16% [9]. - Jiang Xu, with over 10 years of experience and an annualized return exceeding 10%, has resigned from all nine funds he managed, with reports suggesting he may transition to private equity [9]. Group 3: Industry Trends - The public fund industry has seen a record high in personnel changes, with numerous fund managers, including notable figures like Bao Wuke and Zhou Haidong, leaving their positions in 2025 [10].