Group 1 - Hong Hao will return to the sell-side as the CEO of Huafu International starting in April [1] - Hong Hao has extensive experience in the financial industry, having worked at various international financial institutions including Citigroup and Morgan Stanley [3] - Huafu International is a wholly-owned subsidiary of Huafu Securities, which was established in 1988 and has a registered capital of 4.491 billion yuan [4][5] Group 2 - Huafu Securities has seen a decline in revenue and net profit over the past two years, with 2022 total revenue at 3.476 billion yuan, down 34.32% year-on-year, and net profit at 1.102 billion yuan, down 42.58% [6][7] - In 2023, Huafu Securities continued to face challenges, reporting total revenue of 2.221 billion yuan, a decrease of 36.09%, and net profit of 436 million yuan, down 60.42% [6][7] - However, in the first three quarters of 2024, Huafu Securities showed signs of recovery, with total revenue of 2.194 billion yuan, an increase of 37.70%, and net profit of 427 million yuan, up 85.19% year-on-year [6][7]
洪灏时隔三年重回卖方:将于4月履新华福国际,担任行政总裁
Peng Pai Xin Wen·2025-03-25 14:18