Sou Hu Cai Jing·2025-06-23 12:32Core Viewpoint - The leadership transition at Xinyey Securities marks a significant change, with Su Junliang appointed as the new chairman, following the tenure of Yang Huahui, who oversaw substantial growth in the company's assets and revenue [2][6]. Group 1: Leadership Changes - Su Junliang has been elected as the chairman of Xinyey Securities, with his term lasting until the next board election [2]. - Su Junliang previously served as the chairman of Huafu Securities and has a long history with Xinyey Bank, having worked there since 1992 [4][5]. - Yang Huahui, who led Xinyey Securities for eight years, has stepped down, during which the company's total assets nearly doubled from 1,531 billion to 3,010 billion [6]. Group 2: Company Performance - Under Yang Huahui's leadership, Xinyey Securities achieved a total revenue of 909 billion and a profit of 272 billion over eight years [6]. - The company has focused on enhancing its core competitiveness and market position, aligning with industry standards and emphasizing compliance and risk management [6]. Group 3: Potential Mergers and Collaborations - There are rising expectations for a merger or collaboration between Xinyey Securities and Huafu Securities, both of which are state-owned firms from Fujian [7][9]. - A strategic cooperation agreement was signed last year between the two firms to leverage their resources and expertise in various financial services [7]. - Huafu Securities recently underwent a capital increase, raising its registered capital from 3.3 billion to approximately 4.491 billion, a 36.09% increase, enhancing its financial strength for future growth [8].