Core Viewpoint - The announcement of fund manager Lu Feng's resignation from Huian Fund due to company work adjustments raises concerns about the management of two mini funds, Huian Value Blue Chip Mixed Fund and Huian Balanced Growth Mixed Fund, which are facing regulatory scrutiny due to low asset values [2][3]. Fund Manager Resignation - Fund manager Lu Feng has resigned from Huian Value Blue Chip Mixed Fund and Huian Balanced Growth Mixed Fund as of August 11, 2025, due to company work adjustments [2][3]. - Lu Feng will take on other roles within the company [3]. Fund Performance and Regulatory Issues - As of the end of Q2 2025, Huian Value Blue Chip Mixed Fund had a net asset value of 15.6964 million yuan, while Huian Balanced Growth Mixed Fund had a net asset value of 19.8375 million yuan [3]. - Huian Value Blue Chip Mixed Fund has reported a net asset value below 50 million yuan for over 60 consecutive working days, prompting the fund manager to submit a resolution plan to the China Securities Regulatory Commission (CSRC) [3]. - The fund's contract stipulates that if the number of fund holders falls below 200 or the net asset value remains below 50 million yuan for 60 consecutive working days, the fund manager must report to the CSRC and propose solutions within 10 working days [3]. Fund Performance Metrics - As of August 13, 2025, Huian Value Blue Chip Mixed Fund A class has seen a decline of 25.31% since inception, while Huian Balanced Growth Mixed Fund A class has increased by 32.85% since inception [4]. - Huian Value Blue Chip Mixed Fund A class has a unit net value of 0.7469, with a recent performance of -0.24% [5]. - The fund has underperformed its benchmark by 19.89 percentage points since inception and by 12.82 percentage points over the past year [5]. - The fund's stock allocation is 93.17%, with no bond holdings, primarily investing in banking and insurance stocks [5]. Investment Strategy - The fund aims to invest in undervalued blue-chip companies with stable dividend rates and growth potential, focusing on achieving stable net value growth [6].