Group 1 - The core point of the news is the appointment of Wang Gang as the new fund manager for the招商安华债券 (008791) effective from August 14, 2025, alongside existing managers Wang Juanjuan and Hou Jie [1] - As of August 13, 2025, the net value of 招商安华债券 was 1.2683, reflecting a decrease of 0.04% from the previous day, while it has increased by 8.01% over the past year [1] Group 2 - Wang Gang has extensive experience in asset management, having worked at various firms including China Insurance Asset Management, Taikang Asset Management, and 招商基金管理有限公司 since 2015 [2] - His management history includes several funds, with notable performance such as 招商丰泽混合A achieving a return of 70.14% since July 28, 2017 [3] - The funds managed by Wang Gang have varied in size, with 招商丰美混合A having a scale of 4.09 billion and 招商安荣混合A at 0.43 billion [3]

Market Performance - On August 8, A-shares' three major indices collectively closed lower, with the Shanghai Composite Index down 0.12% at 3635.13 points, the Shenzhen Component Index down 0.26% at 11128.67 points, and the ChiNext Index down 0.38% at 2333.96 points [1] Fund Manager Changes - In the past 30 days (July 9 to August 8), a total of 477 fund products experienced changes in fund managers, with 29 fund products announcing manager departures on August 8 alone [3] - The reasons for the changes include three managers leaving due to job changes, two due to personal reasons, and three due to product expiration [3] Fund Manager Details - Notable fund manager departures include Wang Gang from the招商丰泽混合A fund, which has an asset scale of 6.385 billion yuan and achieved a return of 71.45% over 8 years and 13 days [4] - New fund managers include Zhao Ming, who started managing 中海合嘉增强收益债券A and C funds, and Ren Dongxuan, who took over 嘉合锦荣混合C and 蒸合棉束温合A funds [6][5] Fund Company Research Activity - In the past month, 博时基金 conducted the most company research, engaging with 56 listed companies, followed closely by 富国基金 and 华夏基金, each with 51 companies [7] - The most researched industry was communication equipment, with 307 instances, followed by specialized equipment with 246 instances [7] Individual Stock Research - 德福科技 was the most researched stock in the past month, with 79 fund management companies participating in the research, followed by 中际旭创 and 中宠股份 with 75 and 71 respectively [9] - In the past week (August 1 to August 8), 中宠股份 was the most researched stock, receiving attention from 71 fund institutions [8]