Core Viewpoint - The announcement from Huatai-PineBridge Fund indicates that fund manager Ma Xiang will no longer manage the Huatai-PineBridge North Exchange Innovation Selected Two-Year Open Mixed Fund due to internal work adjustments, with Ma Lei taking over the management responsibilities [1][2]. Fund Manager Change - Ma Xiang has been dismissed as the fund manager due to internal adjustments within the company [3]. - The effective date of Ma Xiang's departure is December 22, 2025 [3]. - This marks the fourth time Ma Xiang has stepped down from a fund manager position within the year [3]. Fund Management Details - The fund in question is the Huatai-PineBridge North Exchange Innovation Selected Two-Year Open Mixed Fund, with the main code 014279 [2]. - The fund is categorized as an aggressive mixed fund and has been managed by Ma Xiang since November 16, 2021, achieving a return of 98.29% during his tenure [4]. - The fund's performance is ranked 11 out of 1,039 in its category, with a comparison to the average return of -5.04% [4]. New Fund Manager Profile - Ma Lei, who has over two years of experience in the industry, will take over the management of the fund [1][3]. - Ma Lei holds a Ph.D. from Fudan University and has been with Huatai-PineBridge since July 2018, serving as an electronic industry researcher before becoming a fund manager [7][8].