Core Viewpoint - Lobo Fund announced the appointment of Wang Dong as a new fund manager for the Lobo Mai Xuhang Bond Fund, effective from February 2025, highlighting the company's commitment to strengthening its investment management team [1][2]. Group 1: Fund Manager Background - Wang Dong has extensive experience in the financial industry, having worked at various institutions including China Minsheng Bank, Ping An Bank, and Dachen Fund Management, where he held positions related to fixed income investment [1]. - His career spans from July 2007 to February 2025, indicating a long-standing expertise in the field [1]. Group 2: Fund Information - The Lobo Mai Xuhang Bond Fund was established on August 25, 2025, and is managed by Lobo Fund Management (China) Co., Ltd. [1][2]. - The fund's main code is 024526, and it operates under the regulations of public offering securities investment fund information disclosure management [2].

Group 1 - The core point of the news is the announcement of the effective contract for the Lobo Mai Xuhang Bond Fund, which raised a total of 1,653,369,095.75 RMB during its subscription period [1][2] - The subscription period for the fund was from August 1, 2025, to August 21, 2025, with a total of 2,325 valid subscription accounts [2] - The fund generated interest of 694,493.90 RMB during the subscription period, contributing to a total of 1,654,063,589.65 shares issued [1][3] Group 2 - The fund manager, Wei Li, has extensive experience in the investment management industry, having worked at various firms since 2010, including roles as a trader, researcher, and fund manager [1] - The fund's effective subscription amounts were broken down into two classes: Lobo Mai Xuhang Bond A and Lobo Mai Xuhang Bond C, with net subscription amounts of 1,430,668,819.86 RMB and 222,700,275.89 RMB respectively [2] - The auditing firm for the fundraising process was KPMG Huazhen, indicating a level of credibility and oversight in the fund's establishment [2]

Group 1 - The fund is named "Loomis Sayles Xuhang Bond Fund" and is classified as a bond-type open-ended fund [27] - The fund management company is Loomis Sayles Fund Management (China) Co., Ltd., and the custodian is Industrial and Commercial Bank of China [2][3] - The fund is open for subscription from August 1, 2025, to August 21, 2025, with a maximum fundraising limit of 5 billion RMB [9][28] Group 2 - The fund is available to qualified individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [2][29] - The minimum subscription amount for individual investors is 10 RMB, while for institutional investors through direct sales, it is 50,000 RMB [38][41] - A single investor's daily subscription amount is capped at 10 million RMB, excluding certain categories of investors [30][12] Group 3 - The fund will not accept subscriptions from non-China tax residents or U.S. taxpayers [3][4] - The fund management has the right to refuse subscriptions from investors on sanction lists or those who do not meet the required qualifications [4][5] - Investors must provide accurate tax residency declarations and must notify the fund management of any changes within 30 days [5][6] Group 4 - The fund's total subscription amount must reach at least 200 million RMB, and if the total exceeds 5 billion RMB, the fund may end the subscription early [32][14] - The fund will be managed in compliance with anti-money laundering regulations and other relevant laws [24][25] - The fund management reserves the right to adjust the subscription arrangements and will announce any changes promptly [19][28]