Zheshang Securities(SH:601878) Zheng Quan Shi Bao·2025-10-27 02:04Core Viewpoint - Qian Wenhai has been elected as the chairman of both Zheshang Securities and Guodu Securities, marking a significant leadership transition in the brokerage industry [2][4][6]. Group 1: Leadership Changes - Zheshang Securities announced the election of Qian Wenhai as chairman during its board meeting on October 24, following the retirement of former chairman Wu Chenggen [2][4]. - Qian Wenhai, who is currently the president and party secretary of Zheshang Securities, was nominated for the chairman position as part of a planned succession [4][5]. - This leadership change is seen as a step towards a new phase characterized by "inheritance and innovation" for Zheshang Securities [4]. Group 2: Background of Qian Wenhai - Qian Wenhai, born in March 1975, is 50 years old and holds a master's degree in management, along with being a senior economist [5]. - His previous roles include positions at Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd. and Zhejiang Provincial Transportation Investment Group [5][6]. - Prior to his current role, Qian was the head of a financial company under the actual controller Zhejiang Transportation Group before being appointed to lead Zheshang Securities [6]. Group 3: Performance Metrics - Under Qian Wenhai's leadership, Zheshang Securities has shown significant profit growth, with net profits of 1.754 billion yuan, 1.932 billion yuan, and 1.149 billion yuan for the years 2023, 2024, and the first half of 2025, reflecting year-on-year growth rates of 6.01%, 10.17%, and 46.49% respectively [6]. - In contrast, Guodu Securities reported a decline in performance, with a revenue of 748 million yuan and a net profit of 357 million yuan for the first half of 2025, representing year-on-year decreases of 4.42% and 8.1% respectively [6].