In 2026, the reshuffle of the public fund industry further extended to the equity level. Small and medium-sized public fund companies set off a wave of intensive equity changes. Controlling rights transactions received regulatory approval one after another, and many major equity transfer transactions were implemented at an accelerated pace. Wanlian Securities holds Changan Fund, Chengdu Jiaozi Xinxing Finance Investment Group plans to acquire a controlling interest in CNOOC Fund, Shanghai Changning State invests in the main Chunhou Fund, and cases of public equity changes have occurred one after another.

In 2026, the reshuffle of the public fund industry further extended to the equity level. Small and medium-sized public fund companies set off a wave of intensive equity changes. Controlling rights transactions received regulatory approval one after another, and many major equity transfer transactions were implemented at an accelerated pace. Wanlian Securities holds Changan Fund, Chengdu Jiaozi Xinxing Finance Investment Group plans to acquire a controlling interest in CNOOC Fund, Shanghai Changning State invests in the main Chunhou Fund, and cases of public equity changes have occurred one after another.