Debon Fund CEO Zhang Lu Departs; Chairman Yuchi Ping Takes Interim Role
On September 25, 2026, Debon Fund announced that General Manager and CFO Zhang Lu, along with Assistant General Manager Zhang Jin, left their posts due to work transfers, effective September 24. Chairman Yuchi Ping will temporarily assume the general manager and CFO duties. The company stated the changes support a new five-year strategic plan focused on compliance, risk control, and multi-asset competitiveness. As of June 30, 2026, Debon Fund managed 82.518 billion yuan in public funds, with equity funds ranking 2nd in absolute returns over 3-year and 5-year periods.
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Debon Fund Announces General Manager Change Amid Strategic Overhaul
Debon Fund announced on September 25 that its general manager Zhang Lu and assistant general manager Zhang Jin have left their positions due to job transfers, effective September 24. Chairman Yu Chiping will temporarily assume the general manager's duties. The company stated the changes are part of a new five-year development plan aimed at strengthening compliance, risk control, and multi-asset competitiveness. As of June 30, 2026, Debon Fund managed 82.518 billion yuan in public funds, with equity funds accounting for 31.36%. The company's equity funds ranked 2nd in absolute returns over 3, 5, and 10 years among peers. The article notes that industry-wide executive changes have become normalized, with 268 senior management changes at 104 fund companies year-to-date, driven by retirements, shareholder changes, fee reforms, and strategic repositioning.
Read sourceDebon Fund Announces General Manager Change Amid Strategic Overhaul
Debon Fund announced on September 25 that its general manager Zhang Lu and assistant general manager Zhang Jin have left their posts due to job transfers, effective September 24. Chairman Yu Chiping will temporarily assume the general manager's duties. The company stated the changes are part of a new five-year development plan aimed at strengthening compliance, risk control, and multi-asset competitiveness. As of June 30, 2026, Debon Fund managed 82.518 billion yuan in public funds, with equity funds accounting for 31.36%. Its equity fund absolute returns ranked 2nd among peers over 3-year and 5-year periods. The article notes that industry-wide executive changes have become normalized, with 268 senior management changes at 104 fund companies year-to-date, driven by retirements, shareholder changes, fee reforms, and strategic repositioning.
Read sourceDebon Fund Announces General Manager Change Amid Strategic Overhaul
Debon Fund announced on September 25 that its general manager Zhang Lu and assistant general manager Zhang Jin have left their posts due to job transfers, effective September 24. Chairman Yu Chiping will temporarily assume the general manager's duties. The company stated the changes are part of a new five-year development plan aimed at strengthening compliance, risk control, and multi-asset competitiveness. As of June 30, 2026, Debon Fund managed 82.518 billion yuan in public funds, with equity funds accounting for 31.36%. Its equity fund absolute returns ranked 2nd among peers over 3-year and 5-year periods. The article notes that industry-wide executive changes have become normalized, with 268 senior management changes at 104 fund companies year-to-date, driven by retirements, shareholder changes, fee reforms, and strategic repositioning.
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Debon Fund Announces General Manager Change Amid Strategic Overhaul
Debon Fund announced on September 25 that its general manager Zhang Lu and assistant general manager Zhang Jin have left their positions due to job transfers, effective September 24. Chairman Wei Yuping will temporarily assume the general manager role. The company stated the changes are part of implementing a new five-year development plan for the '15th Five-Year Plan' period starting in 2026, focusing on strengthening compliance, risk control, and building multi-asset competitiveness. As of June 30, 2026, Debon Fund managed 82.518 billion yuan in public funds, with equity funds accounting for 31.36%. The company's equity funds ranked 2nd in absolute returns over 3, 5, and 10-year periods among peers. The article notes that industry-wide executive changes have become normalized, with 268 senior management changes at 104 fund companies year-to-date, driven by retirements, shareholder changes, fee reforms, and strategic repositioning.
Read sourceDebon Fund Announces General Manager Change, Chairman Takes Over as Acting GM
On September 25, Debon Fund announced a change in its senior management. Chairman Yuchi Ping has been appointed as the acting general manager and chief financial officer, replacing Zhang Lu, who stepped down due to a work transfer. Additionally, Zhang Jin also left the position of assistant general manager due to a work transfer. The announcement was reported by National Business Daily and published on East Money's company news section. The changes reflect a routine internal personnel adjustment at the fund management company.
Debon Fund CEO Zhang Lu Departs; Chairman Yuchi Ping Assumes Interim Duties
On September 25, Debon Fund Management Co., Ltd. announced that General Manager and Chief Financial Officer Zhang Lu, along with Assistant General Manager Zhang Jin, have left their positions due to work reassignments. Chairman Yuchi Ping will temporarily assume the roles of General Manager and CFO, effective September 24, 2026. According to Wind data, as of September 23, 103 public fund institutions have experienced executive changes this year, indicating a normalization trend in core management adjustments within the industry. Yuchi Ping, who holds a master's degree in economics from Shanghai University of Finance and Economics, became Debon Fund's chairman in June 2026 and also serves as Vice President of Debon Securities. A company representative stated the changes align with strategic planning and high-quality development needs. As of Q2 2026, Debon Fund managed over 82.5 billion yuan in public fund products, covering equities, fixed income, and quantitative strategies. Industry data shows 336 executive changes across 103 institutions year-to-date, with 27 chairman changes, 35 general manager changes, and 12 simultaneous changes of both. Analysts attribute this trend to regulatory pushes under the '15th Five-Year Plan' and the CSRC's action plan for high-quality fund development, emphasizing long-term performance and governance improvements.
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