Guangfa Fund's veteran public fund manager Fu Youxing has resigned due to work reasons. He previously managed assets exceeding 10 billion yuan.

Rui Cai Jing Wang Min On March 12, GF Fund Management Co., Ltd. (hereinafter referred to as “GF Fund”) announced the change of fund managers for GF Ruiyang 3-Year Fixed Open Hybrid and GF Steady Growth funds. Fund manager Fu Youxing has resigned due to personal reasons.

After Fu Youxing’s departure, GF Steady Growth will continue to be managed by co-managers Zhou Zhishuo, while GF Ruiyang 3-Year Fixed Open will be managed by co-manager Wang Ruidong.

In February this year, GF Fund announced that fund manager Fu Youxing resigned from his position as vice general manager due to “work reasons,” while still remaining a fund manager at that time.

According to available information, Fu Youxing is one of the few senior industry professionals with over 20 years of public fund experience. He has been engaged in investment research in the fund industry for a total of 24 years.

Fu Youxing began his public fund research career in February 2002, working as a researcher at Tiantong Fund (Wanjia Fund). He later served as a researcher, head of research and development, and deputy general manager of equity investment at GF Fund. Since 2013, he has managed multiple public fund products. Before stepping down, Fu Youxing managed public funds with a total scale exceeding 10 billion yuan.

GF Fund was established in August 2003. The company’s product lines cover active equity, bonds, money market, overseas investment, and passive investment, providing diversified investment services for domestic and international clients. GF Securities is the major shareholder, holding 54.53% of the shares.

As of the end of June 2025, GF Fund managed a total of 1,509.356 billion yuan in public funds, an increase of 2.90% compared to the end of 2024. Excluding money market funds, the total scale is 894.482 billion yuan, ranking third in the industry (data source: Wind, company statistics).