2 1 Shi Ji Jing Ji Bao Dao·2025-10-24 14:16Core Viewpoint - The resignation of Cui Chun, the chairperson of Huatai Securities Asset Management, marks a significant leadership change within the company, with Jiang Xiaoyang stepping in as acting chairperson [2][7]. Company Overview - Huatai Securities Asset Management, a wholly-owned subsidiary of Huatai Securities, was established in 1999 and became an independent entity in 2014, obtaining a public offering license in 2016 [3][5]. - Under Cui Chun's leadership since 2015, the company transitioned from a single business model to a dual-license model, achieving over 100 billion in asset management scale [5][6]. Leadership Background - Cui Chun holds a master's degree from Tsinghua University and has over 20 years of experience in the financial industry, having worked at notable institutions such as Everbright Securities and China International Capital Corporation [4]. - Jiang Xiaoyang, the new acting chairperson, has been with Huatai Securities for several years and has held various positions within the company [8]. Business Performance - As of June 30, 2025, Huatai Securities Asset Management reported an asset management scale of 627.03 billion, a year-on-year increase of 23.92%, with public offering business exceeding 165.91 billion [6]. - The company achieved semi-annual revenues surpassing 1.2 billion and profits exceeding 700 million, ranking among the top in the brokerage asset management sector [6]. Industry Context - The leadership change at Huatai Securities Asset Management is part of a broader trend in the brokerage asset management industry, with multiple firms experiencing executive turnover in 2025 [9][11]. - Factors driving these changes include regulatory adaptations, market pressures, and internal strategic realignments, as firms shift focus from scale to quality [11][13].