Core Insights - Liu Dong, a fund manager at Green Fund, has resigned due to personal reasons, affecting multiple funds under his management [2][3] - The performance of the funds managed by Liu Dong has been poor, with negative returns reported for most of them [4] - Green Fund's overall management experience is declining, with only one fund manager having over five years of public fund management experience [4][6] Fund Manager Changes - Liu Dong has officially left his positions in four funds: Green Research Preferred, Green Bo Rui, Green Emerging Industry, and Green Ju Xin Enhanced [3] - Liu Dong joined Green Fund in March 2021 and has previously worked at Changjiang Securities, Tianhong Fund, and Bohai Life Insurance [3] Fund Performance - As of May 23, 2025, the returns for the funds managed by Liu Dong were as follows: Green Research Preferred A at -9.06%, Green Bo Rui A at -24.48%, Green Ju Xin Enhanced A at -3.15%, and only Green Emerging Industry A at 10.36% [4] - The management scale of these funds is also low, with Green Research Preferred at 168 million, Green Bo Rui at 21 million, Green Emerging Industry at 2 million, and Green Ju Xin Enhanced at 236,900 [4] Current Fund Manager Situation - Green Fund currently has 12 fund managers, with 7 having over 10 years of securities experience, but only one, Li Huai Zhong, has over 5 years of public fund management experience [6] - Li Huai Zhong's managed funds have also underperformed, with returns of -28.48%, -41.13%, and -8.54% for his three funds [6] Equity Investment Challenges - Green Fund's equity fund management scale is only 634 million, representing just 2.73% of the total fund management scale of 23.211 billion [7] - The company has faced challenges in its equity layout, with 8 out of 12 equity funds having management scales below 50 million [7] New Fund Applications - Since 2024, Green Fund has applied for four new products, with an equal split between equity and fixed-income funds [7]