Caitong Securities(SH:601108) Zhong Guo Ji Jin Bao·2025-10-29 12:53Core Viewpoint - The board of directors of Caitong Securities has appointed Ying Chaohui as the new general manager, effective immediately, following the retirement of the previous general manager, Huang Weijian [1][4]. Group 1: Appointment Details - Ying Chaohui, born in 1976, previously served as the chairman of Zhejiang Guarantee Group, a subsidiary of Caitong Securities' controlling shareholder [1][3]. - The appointment was approved during a board meeting, and Ying's term will last until the current board's term ends [1][4]. - Ying possesses the necessary qualifications and experience for the role, with no disqualifications under relevant laws and regulations [3]. Group 2: Background of Ying Chaohui - Ying holds a Master's degree in Business Administration and has held various positions in financial institutions, including roles at Zhejiang Rural Credit Union and Zhejiang Rural Commercial Bank [3]. - Prior to his current role, Ying was the secretary of the party committee and chairman of Zhejiang Guarantee Group, which is fully owned by Zhejiang Innovation Investment Group, the controlling shareholder of Caitong Securities [3]. Group 3: Financial Performance - Caitong Securities reported significant growth in its financial performance, with Q3 revenue reaching 2.103 billion yuan, a year-on-year increase of 48.58%, and net profit of 954 million yuan, up 75.10% [4]. - For the first three quarters, total revenue was 5.063 billion yuan, reflecting a 13.99% increase, while net profit was 2.038 billion yuan, up 38.42% [4]. - As of the end of Q3, the company's net assets amounted to 37.419 billion yuan, and the Caitong convertible bonds are set to mature on December 10, 2026, with a current scale of 3.8 billion yuan [4].