Core Viewpoint - The announcement of fund manager Guo Xiangbo's departure from Tianhong Fund on October 14, 2025, due to personal reasons, marks a significant change in the management of Tianhong's healthcare-related funds [2][4]. Group 1: Fund Manager Departure - Guo Xiangbo has left his position as the fund manager for Tianhong Medical Innovation and Tianhong Selected Health, effective October 14, 2025 [2][4]. - Guo Xiangbo has been with Tianhong Fund for 11 years, having joined in February 2014, and previously served as the Director of Health Investment [4][5]. - During his tenure, Guo managed four funds, with the longest management period being for Tianhong Medical Health A, which achieved a return of 55.89% over 7 years [4][6]. Group 2: Fund Performance - The annualized returns for Tianhong Medical Innovation A and Tianhong Selected Health A are 2.45% and 7.27%, respectively, with both funds ranking in the top 50% of their peers [4][6]. - Tianhong Medical Health A, managed by Guo, has a return ranking of 163 out of 497 similar funds [4][6]. - Guo's managed assets were valued at 1.243 billion yuan before his departure, having peaked at over 2.1 billion yuan at the end of 2021 [5][6].