突发公告，证券业大佬管金生去世

Core Viewpoint - The passing of Guan Jinsheng, a pioneer in the Chinese securities industry, is a significant loss for the financial sector, as he contributed greatly to the innovation and development of China's capital markets [1][2]. Group 1: Contributions to the Industry - Guan Jinsheng founded Wangguo Securities in 1988, which was the first securities company in Shanghai, and played a crucial role in establishing the Chinese securities market [3][4]. - Under his leadership, Wangguo Securities became a major player, handling over 60% of underwriting business in China and holding all domestic B-shares during its peak [4]. - He was instrumental in designing the trading rules and systems for the Shanghai Stock Exchange, promoting innovations such as paperless trading [3][4]. Group 2: Career Highlights - Guan Jinsheng's educational background included dual master's degrees in law and business administration, which was rare in China during the early 1980s [2][3]. - He emphasized hiring top talent from prestigious universities, with 90% of his team coming from institutions like Fudan University and Shanghai Jiao Tong University [3]. - His vision was to position Wangguo Securities as a Chinese equivalent of Merrill Lynch, aiming for international standards in the securities industry [4]. Group 3: Challenges and Downfall - The "327 bond incident" in 1995 marked a significant downturn for Guan Jinsheng and Wangguo Securities, leading to substantial financial losses and his eventual arrest [5][6][7]. - Following the incident, Guan Jinsheng faced legal consequences, receiving a 17-year prison sentence, which significantly impacted his career and reputation [7]. - After his release, he returned to the industry by founding Shanghai Jiusu Mountain River Equity Investment Fund Management Co., Ltd. in 2016, focusing on private equity and technology innovation [1][7].