Zhong Guo Jing Ying Bao·2025-06-06 13:55Group 1 - The core point of the article is the appointment of Zhu Jiangtao as the new president of China Merchants Securities, which is expected to enhance the company's resource integration and risk management capabilities [2][3] - Zhu Jiangtao has a strong background in banking, having served in various risk management roles at China Merchants Bank for nearly 30 years before transitioning to the securities industry [4][5] - The leadership change aims to minimize the impact of management turnover following the retirement of the previous president, Wu Zongmin [3][6] Group 2 - Zhu Jiangtao's extensive experience includes roles such as Chief Risk Officer and Vice President at China Merchants Bank, indicating a solid foundation in risk management [4][5] - The new executive team at China Merchants Securities consists of one president and five vice presidents, with specific responsibilities for compliance, risk management, and investment business [6][8] - The company's financial performance shows a recovery in the first quarter of 2025, with a 9.64% increase in revenue and a 6.97% rise in net profit compared to the previous year [9][10] Group 3 - The significant growth in net commission income by 47.66% in the first quarter of 2025 is attributed to increased brokerage activity, while investment income turned positive, reaching 3.31 billion yuan [10][11] - The overall market environment has improved, with a notable increase in trading volumes and investor confidence, contributing to the recovery of the brokerage industry [10][11]