Huaan Securities(SH:600909) Zhong Guo Ji Jin Bao·2025-05-25 03:20Core Viewpoint - The former deputy director of the Anhui Provincial Political Consultative Conference, Li Gong, has been expelled from the Party due to serious violations of discipline and law, including illegal stock trading and accepting bribes [3][4]. Group 1: Li Gong's Background and Career - Li Gong has extensive experience in finance, having served as the chairman of Huazhong Securities from 2007 for over ten years [3][5]. - He held various leadership positions in government and financial institutions, including the manager of Hefei Trust Investment Company and the chairman of Hefei Commercial Bank [6]. - In December 2017, he resigned from his position at Huazhong Securities, which praised his contributions to the company's development [6]. Group 2: Violations and Consequences - Li Gong was found to have violated multiple regulations, including holding and trading stocks illegally, accepting gifts and bribes, and using his position for personal gain [4]. - The Anhui Provincial Commission for Discipline Inspection has initiated an investigation into his serious violations, leading to his expulsion from the Party and the cancellation of his benefits [4]. - His case has been referred to the prosecution for further legal action [4]. Group 3: Huazhong Securities Financial Performance - As of May 23, Huazhong Securities' stock price was 5.45 yuan per share, with a total market capitalization of 25.5 billion yuan [8]. - By the end of December 2024, Huazhong Securities reported total assets of 103.3 billion yuan, a year-on-year increase of 29.87%, and a net profit of 1.48 billion yuan, up 16.48% year-on-year [8].