CGT GROUP(SZ:000066) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-11 03:52Core Viewpoint - China Great Wall Asset Management Co., Ltd. has appointed a new president, Xiang Dang, who will take over as chairman after the retirement of the previous chairman, Li Junfeng, in December 2024. The company manages assets exceeding 600 billion yuan [1][5]. Group 1: Leadership Transition - Xiang Dang, the current president, will officially assume the role of chairman, filling the vacancy left by Li Junfeng's retirement [1]. - Xiang Dang holds a Ph.D. in Technology Economics and Management from Chongqing University and has over 26 years of experience in the financial asset management industry [3]. - His career began in 1999 at China Cinda, where he held various positions, accumulating extensive frontline experience [3]. Group 2: Management Style and Philosophy - Xiang Dang is known for his stable and pragmatic work style, with a strong risk awareness and cautious approach [4]. - He emphasizes the quality and recovery effectiveness of business over blind pursuit of scale and profit [4]. - Since joining Great Wall Asset, he has integrated his risk management philosophy into the company's operations and management [4]. Group 3: Company Overview - Great Wall Asset is one of the five national financial asset management companies, established in December 2016 with a registered capital of 46.8 billion yuan [5]. - The company was formed from the former China Great Wall Asset Management Company, which was approved by the State Council in 1999 [5]. - Great Wall Asset has a service network covering all 30 provinces, autonomous regions, municipalities, and Hong Kong, with 32 branches and 8 holding companies [5].