违规持有、买卖股票，华安证券原董事长李工被开除党籍

Core Viewpoint - The ongoing anti-corruption campaign in the securities industry has led to the expulsion of Li Gong, the former chairman of Huazhong Securities, from the Party due to serious violations of discipline and law [3][4]. Group 1: Li Gong's Background and Tenure - Li Gong, born in 1959, has extensive experience in finance and government roles, including positions in local government and commercial banks [5]. - He served as the chairman of Huazhong Securities for over a decade, leading the company to its successful listing on the Shanghai Stock Exchange in December 2016 [5]. - Under his leadership, Huazhong Securities transitioned from a regional brokerage to a national one, achieving significant milestones in its development [5]. Group 2: Huazhong Securities' Performance - Since its listing, Huazhong Securities has shown notable improvement in performance rankings, with its operating revenue rising from 36th in 2017 to 25th in 2024 among listed brokerages [6]. - The net profit ranking also improved from 30th in 2017 to 24th in 2024 [6]. - In 2024, the total compensation for executives at Huazhong Securities decreased significantly by 42.5% to 11.89 million yuan compared to 20.67 million yuan in 2023, with no executives earning over one million yuan in 2024 [6]. Group 3: Recent Developments and Challenges - In the first quarter of 2025, Huazhong Securities reported a revenue of 1.431 billion yuan, a year-on-year increase of 72.02%, and a net profit of 525 million yuan, up 87.79% [7]. - The company has experienced frequent executive turnover in 2025, with several vice presidents resigning for personal reasons and others retiring or completing their terms [7]. - Huazhong Securities has faced multiple regulatory penalties in 2025, including warnings for improper practices related to client management and employee conduct [8].