Group 1 - The core point of the article is the appointment of Deng Xiang as the new fund manager for Huafu Guotai Min'an Flexible Allocation Mixed Fund (000767), effective from August 19, 2025, alongside the existing manager Chen Qi [1] - As of August 18, 2025, the net value of Huafu Guotai Min'an Flexible Allocation Mixed Fund was 1.6189, reflecting a daily increase of 3.48% and a yearly increase of 74.85% [1] - Deng Xiang holds a master's degree from Clark University in the United States and has been with Huafu Fund Management Co., Ltd. since May 2015, previously serving in various roles including assistant industry researcher and fund manager assistant [1] Group 2 - Deng Xiang has managed public funds, including Huafu Strategy Selected Mixed Fund A and C, with returns of 13.82% and 12.88% respectively since his appointment on April 2, 2024 [1] - A notable performance was recorded with the management of Huafu Strategy Selected Mixed Fund A, which invested in Cambrian during the third quarter of 2024 at an average price of 233.11 and exited in the second quarter of 2025 at an average price of 646.15, yielding an estimated return of 177.19% [1]