Core Insights - The article discusses the performance of the Hongyi Yuanfang Consumption Upgrade Mixed Funds C and A, which experienced declines of 7.39% and 6.93% respectively in 2025 [1][2]. Fund Performance - Hongyi Yuanfang Consumption Upgrade Mixed C had a cumulative unit value growth rate of -7.39% with a net value of 1.1630 yuan and a scale of 0.55 billion yuan, established on December 9, 2021 [2]. - Hongyi Yuanfang Consumption Upgrade Mixed A recorded a cumulative unit value growth rate of -6.93% with a net value of 1.1872 yuan and a scale of 0.13 billion yuan, established on January 30, 2019 [2]. Fund Manager Background - The current fund manager, Zhang Jian, has a diverse background including roles at Shanghai Bank and various positions at Huatai Asset Management and Huatai Baoxing Fund Management [1]. - Zhang Jian has been managing public funds since 2006, initially focusing on fixed income, and began managing equity funds in July 2022 [1].