Dacheng Fund

According to 36Kr, Han Chuang stepped down from managing all seven Dacheng Fund products on September 23 for personal reasons. By September 17, all seven products had been moved to a co-managed model, and Han Chuang, Xu Yan, and Liu Xu have been referred to as the 'equity trio' at Dacheng Fund. As of mid-year, Han Chuang’s total managed size was 109.17 billion yuan, down by nearly 10 billion yuan from the end of Q1, and reports suggested he might pursue private equity after leaving.