Core Viewpoint - The announcement of Liu Xianzheng as the new fund manager for the Zhongyin Securities CSI A500 Index (023153) is expected to influence the fund's management strategy and performance moving forward [1]. Group 1: Fund Management Changes - Liu Xianzheng has been appointed as a new fund manager for the Zhongyin Securities CSI A500 Index, effective from August 19, 2025, alongside existing managers Ji Wei and Zhang Yimin [1]. - As of August 18, 2025, the net value of the Zhongyin Securities CSI A500 Index was 1.1182, reflecting a 1.01% increase from the previous day [1]. Group 2: Liu Xianzheng's Background - Liu Xianzheng holds a master's degree in Software Engineering from Peking University and has extensive experience in fund management, having worked in various roles at different financial institutions since 2014 [1]. - His previous positions include trust manager at Zhongcheng Trust, researcher at Taiping Life Insurance, senior researcher at Taiping Fund Management, and senior investment manager at Century Insurance Asset Management [1]. - Liu has been with Nord Fund Management since November 2017, serving as an assistant fund manager and has managed several funds, including the Nord Enhanced Income Bond Fund [1]. Group 3: Fund Performance History - Liu Xianzheng has managed several public funds with varying performance results, including: - Nord New Learning Flexible Allocation Mixed Fund, achieving a return of 119.28% during his tenure [2]. - Zhongyin Securities Antai Bond A and C, which experienced negative returns of -6.51% and -6.91%, respectively [2]. - Zhongyin Securities Domestic Demand Growth Mixed A and C, with returns of -34.32% and -34.66% during his management [2]. - The Nord New Enjoy Flexible Allocation Mixed Fund saw a significant estimated return of 198.48% from holding Shanxi Fenjiu stock, indicating strong stock selection capabilities [2].