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rare! a post-90s fund manager resigned and became the secretary of a listed company

2024-09-19

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there is a new example of public funds switching to real industries!

on september 18, guoguang electric issued an announcement stating that the former secretary of the board of directors had resigned and the company's board of directors agreed to appoint wang shangbo as the new secretary of the board of directors.

it is worth noting that before joining guoguang electric, wang shangbo had worked in the public fund industry for more than ten years and had served as a fund manager.

the new secretary was a fund manager

the announcement shows that the company's board of directors recently received a written resignation report from li ning, who applied to resign from the position of secretary of the company's board of directors due to adjustments in his work focus. after his resignation, he will continue to serve as a director, general manager and other positions in the company, and will still be the company's core technical personnel.

to ensure the smooth work of the board of directors, the company held the 14th meeting of the 8th board of directors on september 18, after nomination by the company's chairman and approval by the nomination committee. it agreed to appoint wang shangbo as the company's board secretary, with a term of office from the date of approval by this board of directors to the end of the 8th board of directors.

according to his resume, wang shangbo was born in february 1991 and holds a master's degree in international political economy from the chinese university of hong kong. he has worked in many fund companies. from september 2012 to march 2015, he served as a foreign exchange trader and stock trader at noah fund; from march 2015 to october 2020, he served as a stock trader, macro strategy analyst, cycle analyst, cycle group leader, and fund manager assistant at baoying fund; from october 2020 to september 2023, he served as a special account investment manager and public fund manager at hongtu innovation fund.

wind data shows that during his time at hongtu innovation fund, wang shangbo managed two active equity funds, hongtu innovation intelligent manufacturing and hongtu innovation technological innovation, with three-month fixed-term opening periods. the returns during his tenure were -26.17% and -14.48%, respectively. the total size of the two products was less than 200 million yuan.

after leaving red soil innovation fund, wang shangbo served as investment director at the listed company cisco from january 2024 to september 2024.

zhang ya is the actual controller and chairman of both sikerui and guoguang electric. among them, guoguang electric was founded in 1958 and is one of the main scientific research and production bases of microwave electronic devices in my country. it was listed on the shanghai stock exchange in august 2021. in the first half of this year, the company achieved revenue of 350 million yuan, a year-on-year decrease of 19.8%; net profit attributable to the parent was 50.93 million yuan, a year-on-year increase of 7%.

as of the midday close on september 19, guoguang electric's share price was 36.99 yuan, up 1.4%, and the company's market value was 4 billion yuan.

many fund managers have switched to industry

at present, in addition to private equity, insurance and other financial institutions, there are also many cases of fund managers "switching" to industry after leaving their positions.

for example, liang feng, the actual controller and chairman of putailai, was once a fund manager and director of the equity investment department of citic fund, and a fund manager and investment director of aia huatai fund; yuan jinqing, the former chairman of chinachem technology, was once a researcher at cathay fund.

in october 2022, liu haoyu, former investment director of special accounts of soochow fund, announced that he would join donghua energy, responsible for the hydrogen energy business department, focusing on the research and development, testing and industrialization of fourth-generation nuclear high-temperature gas-cooled reactor nuclear hydrogen production.

in addition, there are also listed company secretaries who resigned and joined the public offering industry. for example, chen long, fund manager of huabao fund, was once the secretary of the board of directors of the listed company haixing electric power; zhang weifeng, fund manager of dongfanghong asset management, was once the securities affairs representative and board secretary of the listed company hande information.