Tianyancha App shows that recently, China Galaxy Fund Management Co., Ltd. has undergone industrial and commercial changes. Song Weigang resigned as the legal representative and chairman, both positions taken over by Hu Bo. The company was established in June 2002 with a registered capital of 0.2 billion RMB. Its business scope includes fund raising, fund sales, asset management, and other businesses permitted by the China Securities Regulatory Commission. Shareholder information indicates that the company is jointly held by China Galaxy Financial Holdings Limited, Capital Airport Group Co., Ltd., PetroChina Natural Gas Group Co., Ltd., Hunan TV & Broadcast Intermediary (000917), Shanghai Chengtou (Group) Co., Ltd. According to media reports, in July of this year, China Galaxy Fund announced that Chairman Song Weigang resigned due to work arrangements. By the end of August, China Galaxy Fund announced that the new director Hu Bo had been appointed as the company's chairman.