Quan Guo Fund officially announces Li Yunliang's promotion to General Manager, with the Chairman no longer acting in that capacity. Several mid-generation executives take on major responsibilities, signaling a steady move to manage expectations.

Caixin News, February 14 (Reporter Wu Yuqi) — On the last working day before the Spring Festival holiday, Quanguo Fund officially announced its new General Manager: Founding Partner Li Yunliang has formally taken over, ending the transitional arrangement where Chairman Ren Li served as acting General Manager.

Also announced in the same batch were several key position appointments and adjustments, including Founding Partner and Vice General Manager Jiang Heze concurrently serving as Chief Financial Officer, Sun Yuan as Compliance and Risk Control Officer, and Yao Zhongxiao as Deputy General Manager, further shaping the senior management structure.

Industry insiders believe that the pace from announcement to appointment was relatively smooth, reflecting that the company has a clear succession plan within its founding team. This stability is conducive to external expectations and internal management and research rhythm. For a small- to mid-sized public fund still in expansion, balancing stability and adjustment is itself a test.

Based on this, how the new management team will drive upgrades within the existing framework remains a key focus for market attention.

Li Yunliang Promoted to General Manager

Founded in February 2022, Quanguo Fund has now completed four full years. From its initial team-building and制度磨合 to gradually enriching product lines and research frameworks, the company has continuously introduced professionals in equity investment, fixed income, and research support, forming an organizational structure centered on the founding partners and various specialists working collaboratively.

Throughout this evolution, Li Yunliang has been “present.” He is one of the founding shareholders and core management members, responsible for compliance, risk control, and information technology. Since the company’s inception, he has served as Compliance Officer, Risk Control Officer, and Chief Information Officer, participating in key processes such as governance structure construction, compliance and risk management system development, and fintech capability building. For a startup public fund, these aspects often determine the company’s expansion boundaries and pace.

After his appointment, Li Yunliang will be fully responsible for daily operations, further integrating and enhancing Quanguo Fund’s functions in investment research, investor services, compliance and risk management, and operations, thereby promoting the company’s long-term steady development.

From his public statements, the future development path will continue to focus on value investing and long-term investment philosophy, prioritizing investor interests, and emphasizing the creation of competitive advantages through a differentiated and特色化 product and service matrix. “The company will focus on building a differentiated,特色化 product and service matrix, optimizing product offerings, strengthening investor engagement and counter-cyclical services, and deepening the integration of cutting-edge technologies such as artificial intelligence and big data into investment decision-making and comprehensive risk management, to effectively enhance investors’ sense of gain and satisfaction, striving for long-term, sustainable good returns.”

The Next Generation Takes on Major Responsibilities

Alongside the appointment of the general manager, Quanguo Fund’s core functional sectors are also further consolidating a talent pipeline led by mid-generation backbone personnel. The announcement shows that Sun Yuan has been appointed as Compliance and Risk Control Officer, and Yao Zhongxiao as Deputy General Manager, creating closer links between compliance, risk control, operations, and management.

In the research and investment line, the mid-generation leadership has already taken on major roles. Previously, Zhao Yi and Gang Dengfeng, as representatives of the mid-generation, were promoted to Assistant General Managers, responsible for the public fund investment department and research department respectively, becoming key drivers of the company’s主动权益 and research platforms.

After four years of systematic development and professional refinement, Quanguo Fund has built a three-dimensional expert research team covering equity investment, fixed income, industry research, macro strategies, quantitative tracking, and financial analysis, forming a talent structure with veterans, mid-generation, and emerging talents.

An industry observer noted that under current market conditions, more fund companies are considering the pace of “mid-generation succession.” Mid-generation managers are closer to current market environments, with higher acceptance of emerging industries,科技主题, and digital tools. If a sustainable mentorship and transfer mechanism can be established internally, it will help keep the research system vibrant and avoid gaps in experience and style.

In Quanguo Fund’s case, management updates do not simply mean replacing personnel. From specific roles, compliance, risk control, finance, and operations are handled by experienced internal staff, while the research core is led by mid-generation professionals who have experienced full market cycles. Coupled with the founding team’s leadership in governance and strategy, this creates a “front-middle-back office collaboration with mid-generation as the main players.” Industry insiders say that if managed well, this configuration can shorten decision-making chains.

It’s worth noting that the company’s simultaneous employee stock ownership plan (ESOP) complements this management adjustment. Quanguo Fund disclosed that through equity ties, they aim to deeply align the long-term interests of shareholders, new management, and core employees, hoping to build a制度安排 for long-term sustainable development.

Internally, the company states this is not a temporary measure. “We aim to continuously attract long-term competitive talent in asset management through employee stock ownership platforms and other long-term incentive mechanisms, enhancing the stability and自主创造性 of the core team, so everyone can grow together and create value.” Founding Partner and Chairman Ren Li initially expressed her talent philosophy at the company’s founding.

She believes that individual excellence is important, but internal team’s professional complementarity, collaboration, and synergy are equally vital. “Individuals are like stars, shining brightly; teams are like fire, igniting and inspiring each other. Just like the human hand, every finger is important, every one indispensable, and none redundant. A diverse, rich, and balanced ecosystem is the most vital.”

Market observers generally believe that this management adjustment and the employee stock plan aim to institutionalize the “team synergy” concept within governance. Long-term internal collaboration and similar理念 among core management facilitate smooth cultural and strategic transitions, minimizing disruptions to investment pace and team morale during leadership changes. The employee stock plan concretizes this trust and tacit understanding into a risk-sharing,利益共享 contract.