Guangfa Fund's "old hand" Fu Youxing has resigned, managing products for over 11 years with an annualized return of nearly 10%.

On March 13, Guangfa Fund announced that Fu Youxing has resigned from his positions as the fund manager of Guangfa Stable Growth and Guangfa Ruiyang for the reason of "resignation", with the effective date being March 13. As for his next career move, it is currently unclear. On February 14, Guangfa Fund previously announced that Fu Youxing had resigned from his position as the vice general manager of the company due to work reasons starting from February 13.