In the past, the case of Cai Songsong, a star fund manager under the Nuoan Foundation, and other crimes of taking bribes from non-state workers and bribing non-state workers shocked the market. The trial of the case has now been completed, and the verdict is pending. In the process of investing in some semiconductor companies, Cai Songsong completely ignored the rules of the industry cycle. As it fell, he bought and even bought the listing line. Zhuo Shengwei, a 20-times “bullish stock” in the past, was one of them. In the process of Cai Songsong resolutely adding positions to Zhuo Shengwei in 2022, Zhuo Shengwei's actual controller completed part of the cash out. On December 16, 2022, Zhuo Shengwei issued an announcement on the completion of the shareholding reduction of the actual controller and concerted actors. Among them, the three shareholders of Xu Zhihan, FENGCHENHUI, and Huizhi Investment reduced their holdings by 9.499 million shares from September 5 to December 15, 2022, accounting for 1.78% of the total share capital ratio, and cashed out about 970 million yuan. Cai Songsong increased its holdings of Zhuo Shengwei by about 7.4 million shares in the third quarter of 2022. At the end of the quarter, Nuoan Growth Hybrid's holdings in Zhuo Shengwei were the highest during Cai Songsong's management period.