Frequent changes of senior executives within three months, this "personal-affiliated" fund company is making personnel moves again.

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A small-scale, privately owned fund company is frequently changing its senior executives.

On September 29, Mingya Fund announced that former Chief Inspector Yang Fei has been reassigned to Deputy General Manager, and Assistant General Manager Wu Jianwei has taken over as Chief Inspector.

Counting the general manager, deputy general manager, and director positions that changed in July this year, Mingya Fund's management team can be said to be experiencing frequent "turmoil".

“Versatile talent” takes on a new role again

Yang Fei, who played an important role in this round of senior executive changes, has held multiple positions at Mingya. His resume shows that he joined Mingya Fund Company in April 2023, having served as Assistant General Manager and Chief Inspector, and is now Deputy General Manager of Mingya Fund.

Prior to this, Yang Fei worked in the fund department of SGA Fonda Fund Service (Canada), the Securities Services Department of HSBC Bank (China) Limited, Quantitative Research Department of Tongwan Investment Consulting (Shanghai) Co., Ltd., Asset Management Department of Lianchu Securities, Shanghai Asset Management Branch of Datong Securities, and Jiuzhang Quantitative Investment Department of Jiutai Fund.

The new Chief Inspector is also a "versatile talent"

Wu Jianwei, who has now taken over the Chief Inspector position, is also proving to be a versatile talent at Mingya.

His resume shows that he has worked in the Information Technology Department, Risk Management Headquarters, and Credit Business Headquarters of Shanghai Securities Co., Ltd., as well as the Risk Management Department of Lianchu Securities, mainly intersecting with risk control, compliance, technology and other positions.

However, since joining Mingya Fund in May 2023, Wu Jianwei’s positions have also "taken off." Data shows that in just over two years, he has served as Assistant General Manager and Chief Inspector of Mingya Fund.

Interestingly, Wu Jianwei and Yang Fei not only share similar internal promotion paths in the company, both being promoted from Assistant General Manager to (or had been) Chief Inspector, but also both have work experience at Lianchu Securities. However, it is unknown whether they had been colleagues outside of Mingya Fund.

Privately owned fund with a tiny scale

Mingya Fund is a privately owned fund company, established in 2019. Wind data shows that as of mid-2025, the total public fund size of Mingya Fund was only 125 million yuan.

The top three shareholders of Mingya Fund are Li Zhengqing, Xiao Hong, and Yuan Jian, with shareholding ratios of 27%, 26.6%, and 9.2% respectively. Among them, Xiao Hong is currently the Chairman of Mingya Fund, and Li Zhengqing once served as the General Manager in the early days.

Tianyancha information shows that in July, Mingya Fund changed its investors, directors, and also changed its general manager, etc.

Ding Yue resigned as General Manager for personal reasons, Tu Jianzhong resigned as Deputy General Manager for personal reasons, and Wang Jing took over as General Manager.

Accordingly, the changes in investment indicate that Ding Yue and Tu Jianzhong withdrew, while Wang Jing and Wu Jianwei joined. It’s possible that at that time, the plan for Wu Jianwei to enter the core management team was almost set.

For this company, behind the pursuit of change, it must first solve the problem of survival.

Risk Warning and DisclaimerThe market has risks, and investment should be cautious. This article does not constitute personal investment advice, nor does it take into account the individual investment objectives, financial situations, or needs of specific users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular situation. Investment based on this is at your own risk. ```