Recently, the Securities Times reporter learned that Chen Zhengyu, the former general manager of CITIC Prudential Asset Management, has been transferred as president and director of CITIC Pacific. Chen Zhengyu was the Deputy Governor of China CITIC Bank Hangzhou Branch, the general manager of CITIC Investment Co., Ltd., the executive director of CITIC Prudential Life Insurance, and the executive director and general manager of CITIC Prudential Asset Management. Recently, CITIC Prudential Asset Management revealed that Chen Zhengyu is no longer the general manager of CITIC Prudential Asset Management and that Chen Housheng is the temporary head of the company, effective from October 20, 2026.

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