Zheng Weishan, a well-known 20 billion fund manager, stepped down “in a clean-up” manner, and the next stop has already been decided. On October 22, Galaxy Fund Management Co., Ltd. issued an announcement stating that Zheng Weishan stepped down as fund manager for the three funds Galaxy Innovation and Growth, Galaxy Hemei Life, and Galaxy Smart Link themes due to “personal reasons”. The date of his departure was October 21, 2026, and that he would not be transferred to another job in the company. According to information, Zheng Weishan may have chosen to leave his job due to salary reasons; the next stop is a public recruitment campaign for a leading position in the south. In the announcement, the company sincerely thanked Zheng Weishan for his contributions during his tenure. According to Wind data, as of the end of the second quarter of this year, the total amount of funds under management by Zheng Weishan reached 21.035 billion yuan. As of the end of the second quarter of this year, Galaxy Fund's equity fund management scale was 32.474 billion yuan. Based on this calculation, Zheng Weishan's management scale has already exceeded half of the company's equity scale, reaching 64.77%.

Zheng Weishan, a well-known 20 billion fund manager, stepped down “in a clean-up” manner, and the next stop has already been decided. On October 22, Galaxy Fund Management Co., Ltd. issued an announcement stating that Zheng Weishan stepped down as fund manager for the three funds Galaxy Innovation and Growth, Galaxy Hemei Life, and Galaxy Smart Link themes due to “personal reasons”. The date of his departure was October 21, 2026, and that he would not be transferred to another job in the company. According to information, Zheng Weishan may have chosen to leave his job due to salary reasons; the next stop is a public recruitment for a leading position in the south. In the announcement, the company sincerely thanked Zheng Weishan for his contributions during his tenure. According to Wind data, as of the end of the second quarter of this year, the total amount of funds under management by Zheng Weishan reached 21.035 billion yuan. As of the end of the second quarter of this year, Galaxy Fund's equity fund management scale was 32.474 billion yuan. Based on this calculation, Zheng Weishan's management scale has already exceeded half of the company's equity scale, reaching 64.77%.