Core Viewpoint - Yuan Zuodong has resigned from multiple funds managed by Xingyin Fund, including the Xingyin Fengyun Stable Return Mixed Fund and others, after serving as the General Manager of the Equity Investment Department since June 2019 [1][4][5]. Fund Performance Summary - **Xingyin Fengyun Stable Return Mixed Fund A/C**: Established on May 21, 2020, with a year-to-date return of 18.77% and a cumulative return of 63.78%, net asset value at 1.6378 yuan [1]. - **Xingyin Value Balanced Mixed Fund A/C**: Established on March 20, 2024, with a year-to-date return of 24.72% and a cumulative return of 36.41%, net asset value at 1.3641 yuan [1]. - **Xingyin Stable Benefit 180-Day Holding Mixed Fund A/C**: Established on April 26, 2023, with a year-to-date return of 6.16% and a cumulative return of 14.98%, net asset value at 1.1498 yuan [2]. - **Xingyin Xinghui One-Year Holding Mixed Fund A/C**: Established on October 26, 2021, with a year-to-date return of 13.10% and a cumulative return of 19.23%, net asset value at 1.1923 yuan [2]. - **Xingyin Smart Consumption Mixed Fund A/C**: Established on November 2, 2023, with a year-to-date return of 27.37% and a cumulative return of 29.97%, net asset value at 1.2997 yuan [2]. - **Xingyin Yield Enhancement A/C**: Established on November 28, 2016, with a year-to-date return of 17.21% and a cumulative return of 62.23%, net asset value at 1.5592 yuan [2]. - **Xingyin Carbon Neutral Theme Mixed Fund A/C**: Established on February 23, 2022, with a year-to-date return of 39.25% and a cumulative return of 23.04%, net asset value at 1.2304 yuan [3]. - **Xingyin Competitive Advantage Mixed Fund A/C**: Established on September 2, 2022, with a year-to-date return of 24.57% and a cumulative return of 17.56%, net asset value at 1.1756 yuan [3]. Managerial Changes - Yuan Zuodong has been dismissed as the fund manager for several funds, including the Xingyin Fengyun Stable Return Mixed Fund, Xingyin Value Balanced Mixed Fund, and others, with other managers continuing to oversee these funds [4][5].

Core Insights - The announcement from Xingyin Fund indicates the appointment of Qiao Huaguo as a new fund manager for both Xingyin Competitive Advantage Mixed Fund and Xingyin Smart Consumption Mixed Fund [1][2] Group 1: Fund Performance - Xingyin Competitive Advantage Mixed Fund A/C, established on September 2, 2022, has a year-to-date return of 23.06% and 22.67%, with a cumulative return since inception of 16.13% and 14.68%, resulting in a cumulative net value of 1.1613 yuan and 1.1468 yuan [1] - Xingyin Smart Consumption Mixed Fund A/C, established on November 2, 2023, has a year-to-date return of 26.49% and 25.98%, with a cumulative return since inception of 29.07% and 27.82%, resulting in a cumulative net value of 1.2907 yuan and 1.2782 yuan [1] Group 2: Fund Management - Qiao Huaguo has previously worked at Dongfang Steel E-commerce Co., Ltd., Shanghai Runyang Investment Management Co., Ltd., and Shanghai Congrong Investment Management Co., Ltd., and is currently a fund manager at Xingyin Fund Management Co., Ltd. [1] - The announcement follows the regulatory guidelines for public offering securities investment funds and the management of investment personnel by fund management companies [2]