On April 12, Capital State learned that on April 9 (last Saturday), a number of companies in the fund industry issued announcements or related announcements on changes in senior management, such as Chunhou Fund, Ruida Fund, Caitong Fund, etc. The relevant contents of the release involved the departure and new appointment of the company's chairman, the announcement of the correction of the change of senior management, and the new general manager of the company.
Chunhou Fund changes the chairman! Jia Hongbo took office
Specifically, on April 9, Chunhou Fund announced that the former chairman Li Xiongjun left for personal reasons, and Jia Hongbo took over the position of chairman from April 7, 2022. It is worth mentioning that Jia Hongbo has changed three public funds in two years, and has served as the general manager of Qianhai Open Source Fund and the CEO of Huian Fund in 2020 and 2021.
According to the announcement, Jia Hongbo, holds a master's degree in business administration from Tsinghua University. He has worked in the Business Department, Human Resources Department and Head Office of bank of China, served as the director of the secretariat of the General Office of the China Securities Regulatory Commission, the secretary general and party committee member of the Asset Management Association of China, the honorary secretary general of the China Angel Investment Association, the deputy general manager of the asset management department of China Everbright Bank (general manager level), the general manager of Beijing Longsa Capital Investment Management Center (limited partnership), the co-general manager of Qianhai Open Source Fund Management Co., Ltd., and the director and general manager of Qianhai Open Source Fund Management Co., Ltd. Chief Executive Officer of Huian Fund Management Co., Ltd. and other positions.
It is reported that Chunhou Fund Management Co., Ltd. was established on November 3, 2018, with a registered capital of 100 million yuan in Shanghai, China. As of Q1 2022, the assets of Chunhou Fund are 25.6 billion yuan.
For this executive change, Chunhou Fund said that Jia Hongbo is rich and powerful, has a rich work resume, a broad vision, a pioneering spirit, a sense of innovation and a sense of progress, and has profound insights in the field of capital and industry. It has a strong industry influence and good reputation in the industry, is familiar with the operation of the public fund industry, has remarkable work performance, has rich management experience and strong practical ability. Jia Hongbo was invited to serve as the new chairman of Chunhou Fund, which will inject new vitality and vitality into the development of Chunhou Fund and boost the company to enter a new stage of rapid development.
As a highly market-oriented industry, although it is only in the early 4 months of the year, the changes in the fund industry executives are still relatively frequent.
Previously, the executive announced that the payment time was wrong, and Ruida Fund made corrections
On April 8, 2022, Ruida Fund issued an announcement that Xia Meng, the former general manager, left his post on March 30 due to personal reasons, and the company's chairman Li Yong served as the company's general manager. Interestingly, looking at the announcement, it is April 8, 2021.
According to the data, Xia Meng once served as the executive deputy general manager of Ruida Fund, and on December 30, 2020, Xu Jianjun, the former general manager of Ruida Fund, left for personal reasons, and Xia Meng began to serve as the general manager of Ruida Fund, which has been less than a year and a half. After Xia Meng left as general manager, he also continued to serve as the inspector general of Ruida Fund.
According to public information, Ruida Fund was established in March 2020. As a wholly-owned subsidiary of Ruida Futures, Ruida Futures 2021 Annual Report shows that as of December 31, 2021, Ruida Fund managed a total of 2 hybrid funds with a scale of only 290 million yuan. Revenue data shows that in 2021, Ruida Fund achieved operating income of about 5.54 million yuan and net profit of -9.87 million yuan.
In terms of ideas for the future development of Ruida Fund, Ruida Futures has such a statement in the 2021 annual report: "In the future, Ruida Fund will take the following measures to further develop and grow: First, increase the registered capital at the right time; The second is to strengthen the training and introduction of professional talents and attract senior people in different fields to join; The third is to follow the market outlet layout products while carrying out differentiated competition, and create a substantial investment research and trading team; The fourth is to strive to develop, develop and issue commodity futures ETFs within 2 years. ”
The fund industry "fixed increase king" to change the coach! Xu Chunting served as the general manager of Caitong Fund
On April 9, Caitong Fund issued an announcement that Xu Chunting was appointed as the general manager of the company. The announcement shows that Xu Chunting has successively served as a probationary staff officer and deputy company staff officer of the Shaoxing City Detachment Headquarters of the Armed Police; Deputy Company Assistant, Assistant Accountant, Accountant, Financial Department, Logistics Department, Zhejiang Provincial Headquarters of the Armed Police; Caitong Securities Co., Ltd. audit department staff, assistant manager, Fuyang business department deputy general manager, deputy general manager (presiding over the work), deputy manager of the audit department, deputy general manager of the planning and finance department, liquidation and depository center preparation person in charge, deputy general manager (presiding over the work), general manager, financial derivatives department preparation person in charge, general manager, general manager of the clearing depository center. He is currently the deputy secretary of the party committee, director and general manager of Caitong Fund Management Co., Ltd.
It is reported that in October last year, Wang Jiajun, the former general manager of Caitong Fund, resigned due to personal reasons, and Wang Hai, a member of the party committee and deputy general manager of the company, temporarily performed the duties of general manager on behalf of the company.
In addition to the above-mentioned general manager change, caitong fund has had a number of important personnel adjustments in the past six months, and the new management team has been put in place. On September 4, 2021, Caitong Fund announced that the former chairman Xia Lifen left office, and Wu Linhui took over the position of chairman of the company; After Wang Jiajun left office, Wu Linhui also succeeded him as the chairman of Shanghai Caitong Asset Management Co., Ltd. At the end of September 2021, Jin Zicai, director of the fund investment department of Caitong Fund, was promoted to assistant general manager of the company.
As one of the earliest institutional investors involved in the fixed increase market and the largest cumulative business participation. Wind data shows that from 2013 to 2021, Caitong Fund has participated in a fixed increase of more than 220 billion yuan and nearly 1,000 investment projects. In 2021, it made 234 sales and invested 28.635 billion yuan. In terms of scale, Wind data shows that as of the end of 2021, the non-commodity public offering scale of Caitong Fund was 44.204 billion yuan, ranking 6 places higher in the year, 7 places in the second half of the year, and 8 places in the fourth quarter. In terms of revenue, in the middle of 2021, it achieved revenue of 264 million yuan, net profit of 68.2381 million yuan, and total assets of 2.449 billion yuan.
A fund industry personnel said that there are three main situations for the change of the general manager of the fund industry: First, the senior general manager is transferred to the chairman of the company or returns to the shareholder side; Second, excellent deputy general managers are promoted to general managers internally; Third, the fund company recruits outstanding talents in the industry to serve as the general manager of the company. A senior person in a public fund said that the impact of executive changes on the company should be analyzed on a case-by-case basis. The promotion of some veteran public offering general managers to chairman is a recognition of the ability of general managers, which is a normal promotion and has less impact on the company; If the company's business development is not good, the general manager is changed, and the company has a probability of better prospects. The change of senior management is a neutral factor, and the evaluation of fund companies should make a comprehensive judgment on the overall scale and performance of the company.
This article originated from Capital State