Xingyin Fund appoints Dong Xiaoliang as chairman, replacing Huang Deliang
Xingyin Fund, a Chinese public fund manager with over 145 billion yuan in assets, announced on September 23 that Dong Xiaoliang has been appointed as its new chairman, effective September 22, replacing Huang Deliang who stepped down due to a work adjustment. Dong, a nearly 30-year financial industry veteran, has held senior roles at multiple institutions including UBS SDIC Fund, Century Securities, and Taiping Fund. The change is described by insiders as a strategic deployment by controlling shareholder Huafu Securities to strengthen leadership.
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Xingyin Fund Appoints Dong Xiaoliang as Chairman, Replacing Huang Deliang
Xingyin Fund, a Chinese public fund manager with over 145 billion yuan in assets, announced on September 23 that Dong Xiaoliang has been appointed as its new chairman, replacing Huang Deliang. Dong, a nearly 30-year financial industry veteran, previously served as general manager of Yuanshin Yongfeng Fund and held roles at Xiamen ITG Capital Group, Century Securities, and Taiping Fund. Huang Deliang, who had served as chairman since August 2025, will remain in his other roles at Fujian Financial Investment Company and Huafu Securities. The change is described by insiders as a strategic deployment by the controlling shareholder to strengthen the fund's leadership and professional capabilities. Xingyin Fund has seen multiple chairman changes since 2023. The company manages over 70 funds, with a strong fixed-income base and growing index and quantitative product lines, including recent launches of AI-themed and index-enhanced ETFs.
Read sourceDong Xiaoliang Appointed Chairman of Xingyin Fund as Management Scale Grows 42%
On September 23, Xingyin Fund announced that Dong Xiaoliang has been appointed as the new chairman, effective September 22, replacing Huang Deliang who stepped down due to a work adjustment. Dong Xiaoliang has previously held positions at several financial institutions including Xiamen Guomao Futures, Industrial Securities, Haitong Futures, Xiamen Jinyuan Group, Yuanshin Yongfeng Fund, Century Securities, Taiping Fund, and Xiamen Guomao Capital Group. He currently also serves as Chief Strategy Officer at Huafu Securities and director of Shanghai Xinghan Asset Management Co., Ltd. Huafu Securities is Xingyin Fund's largest shareholder with a 76% stake, while Shanghai Xinghan is a wholly-owned subsidiary of Xingyin Fund. Huang Deliang had served as chairman since August 2025 and currently remains as Huafu Securities' Party Secretary and Chairman, as well as Deputy General Manager of Fujian Financial Investment Company. During Huang's tenure, Xingyin Fund's management scale grew rapidly, reaching approximately 145.418 billion yuan as of the report date, a 42% increase from 102.348 billion yuan in September of the previous year, according to Tiantian Fund Network data.
Read sourceXingyin Fund Appoints Dong Xiaoliang as Chairman, Replacing Huang Deliang
On September 23, Xingyin Fund announced the appointment of Dong Xiaoliang as its new chairman, replacing Huang Deliang who stepped down due to a work adjustment. Dong Xiaoliang brings extensive experience in the financial sector, having previously served as deputy general manager at Haitong Futures, general manager at UBS SDIC Fund Management, general manager at Century Securities, deputy general manager at Taiping Fund, and deputy general manager at Xiamen ITG Capital Group, where he also chaired several subsidiaries including ITG Chuangling (Shanghai) Private Equity Fund Management, ITG Chuangling (Shanghai) Investment, and Xiamen ITG Huarui Investment. He currently holds positions as chief strategy officer at Huafu Securities, chairman of Xingyin Fund, and director of Shanghai Xinghan Asset Management. Xingyin Fund, a licensed public fund manager, is 76% owned by Huafu Securities. As of the end of the first half of 2026, the net asset value of funds under Xingyin Fund stood at 145.569 billion yuan.
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Xingyin Fund Appoints 30-Year Finance Veteran Dong Xiaoliang as New Chairman
On September 23, Xingyin Fund announced a senior management change, with Dong Xiaoliang appointed as the new chairman, replacing Huang Deliang who had held the role since August 2025. Huang Deliang, who also serves as chairman of parent company Huafu Securities and vice general manager of Fujian Financial Investment Company, stepped down. Dong Xiaoliang, a nearly 30-year finance veteran with experience across futures, securities, and fund management, previously helped establish Yuanshun Yongfeng Fund and served at Century Securities, Taiping Fund, and Xiamen ITG Capital Group. An insider attributed the change to a strategic deployment by controlling shareholder Huafu Securities Group, aimed at strengthening the fund company's leadership and accelerating new strategic initiatives. Xingyin Fund, formerly Huafu Fund, was established in 2013 and managed 1455.96 billion yuan in public funds as of June 30, 2026. The move is part of a broader trend of frequent executive changes in China's public fund industry, with 290 senior management changes recorded year-to-date as of September 18, driven by generational turnover and shareholder strategic adjustments.
Dong Xiaoliang Appointed Chairman of Xingyin Fund, Replacing Huang Deliang
On September 23, Xingyin Fund announced a change in its board leadership. Huang Deliang has stepped down from his concurrent role as company chairman, and Dong Xiaoliang has been appointed as the new chairman. Dong Xiaoliang brings extensive experience in the financial and futures sectors, having previously held positions at Guomao Futures, Industrial Securities, and Haitong Futures. Most recently, in July 2023, he joined Xiamen Guomao Capital Group as a deputy general manager. The announcement was reported by People's Financial Information and published by stockstar_securities_news.
Read sourceXingyin Fund Appoints Dong Xiaoliang as New Chairman, Replacing Huang Deliang
On September 23, Xingyin Fund Management Co., Ltd. announced the appointment of Dong Xiaoliang as its new chairman, effective September 22. He succeeds Huang Deliang, who stepped down due to a work adjustment. Dong Xiaoliang brings extensive experience in the financial sector, having held senior positions at Xiamen Guomao Futures, Haitong Futures, Xiamen Jinyuan Group, Yuanshin Yongfeng Fund Management, Century Securities, Taiping Fund Management, and Xiamen Guomao Capital Group. He currently also serves as Chief Strategy Officer at Huafu Securities and holds directorships at several affiliated investment companies. The appointment was approved at the company's third extraordinary shareholders' meeting in 2026 and the 11th meeting of the fifth board of directors, and will be filed with regulatory authorities. Xingyin Fund, formerly Huafu Fund Management, was established in October 2013 and is backed by Huafu Securities and other shareholders.
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