Group 1 - The core announcement is about the resignation of fund manager Chen Ji from multiple funds managed by Dacheng Fund Management Co., Ltd. [1][3][4] - The Dacheng Zhongzheng Interbank Certificate of Deposit AAA Index 7-Day Holding Period fund has a year-to-date return of -0.09% and a cumulative net value of 1.0058 yuan as of November 27, 2025 [1][3]. - The Dacheng Dinghai Bi-Monthly Enjoy 60-Day Rolling Holding Short Bond fund has year-to-date returns of 1.16% and 0.98%, with cumulative net values of 1.1198 yuan and 1.1117 yuan [1][3]. - The Dacheng Zhiyi Bond Initiated fund has year-to-date returns of 2.98% and 2.63%, with cumulative net values of 1.0569 yuan and 1.0406 yuan [1][3]. - The Dacheng Tengyi Bond fund has year-to-date returns of 3.04% and 2.67%, with cumulative net values of 1.1498 yuan and 1.1370 yuan [2][4]. Group 2 - The funds mentioned are managed by Dacheng Fund Management Co., Ltd., and the changes in fund management are in accordance with relevant legal regulations [3][4]. - Chen Ji has previously held positions as a trader and trading supervisor at Yongying Fund Management Co., Ltd. and Huabao Securities Co., Ltd. [1]. - The funds are collectively managed by other fund managers, including He Panpan, following the resignation of Chen Ji [3][4].

Core Insights - The announcement on October 17, 2025, reveals the appointment of He Panpan as the new fund manager for Dachen Dinghai Shuangyue Short-term Bond Fund (013964) effective immediately [1] - As of October 16, 2025, the net asset value of the fund was 1.1181, reflecting a 0.02% increase from the previous day and a 1.78% rise over the past year [1] Fund Manager Profile - He Panpan holds a master's degree and is a Chinese national, currently serving as a fund manager at Dachen Fund Management Co., Ltd. [1] - Previous roles include positions at Ping An Lishun Money Brokerage Co., Ltd. and Jiaxing Bank, where she worked in investment management [1] - She has been managing the Dachen Zhiyi Bond Initiated Securities Investment Fund since January 30, 2024, and the Dachen CSI Interbank Certificate of Deposit AAA Index 7-Day Holding Period Fund since March 14, 2024 [1] Fund Performance - The following are the public funds managed by He Panpan along with their performance metrics: | Fund Code | Fund Name | Size (Billion) | Tenure | Return | | --- | --- | --- | --- | --- | | 017503 | Dachen Zhiyi Bond Initiated A | 0.10 | 2024-01-30 to Present | 5.45% | | 017504 | Dachen Zhiyi Bond Initiated C | 0.00 | 2024-01-30 to Present | 4.11% | | 019572 | Dachen CSI Interbank Certificate of Deposit AAA Index 7-Day Holding Period | 0.04 | 2024-03-14 to Present | 0.38% | | 021462 | Dachen Tieli Interest Rate Bond A | 0.00 | 2024-08-20 to Present | 0.21% | | 021463 | Dachen Tieli Interest Rate Bond C | 0.15 | 2024-08-20 to Present | 0.13% | [1] Investment Strategy - In the third quarter of 2024, the Dachen Zhiyi Bond Initiated A fund added Jianghuai Automobile to its portfolio at an average price of 100.72, and after holding for one quarter, it sold at an average price of 176.55 in the fourth quarter, resulting in an estimated return of 75.29% [1]