Core Viewpoint - Jiangxin Fund has undergone significant management changes, with the resignation of its chairman and general manager, raising concerns about the company's stability and future direction [1][2][5]. Group 1: Management Changes - Jiangxin Fund announced the resignation of Chairman Sun Zhenping and General Manager Yuan Liang on April 29, 2025, due to personal reasons and work arrangements, respectively [1][5]. - Sun Jian has been appointed as the new chairman and will also serve as the acting general manager, effective from April 29, 2025 [2][4]. - The company has experienced frequent management turnover, with notable departures occurring in May 2022, when four vice presidents and a chief information officer left simultaneously [5][6]. Group 2: Company Performance - Jiangxin Fund's asset management scale is currently only 2.038 billion yuan, ranking 146th among 162 public fund institutions [7][8]. - The company has faced significant financial challenges, reporting a net loss of approximately 33 million yuan in 2024, marking five consecutive years of losses [7][10]. - Despite being established in 2013, Jiangxin Fund has not launched any new fund products in over seven years, indicating stagnation in growth [7][8]. Group 3: Historical Context - The previous chairman, Sun Zhenping, served for 12 years since his appointment in 2013, while Yuan Liang held the general manager position for about 1.5 years [5][6]. - The fund's management scale peaked at over 4 billion yuan in Q3 2017 but has since declined significantly [7].