应朝晖履新！财通证券迎“70后”总经理，前三季度净利创新高

Core Viewpoint - The appointment of Ying Chaohui as the new general manager of Caitong Securities marks a significant management change, filling a year-long vacancy and indicating a return to a stable governance structure, which is expected to support the company's strategic implementation and operational stability [2][3][9]. Management Appointment - Caitong Securities officially appointed Ying Chaohui as the general manager, effective from the board's approval date, following a year of vacancy in this key position [3][8]. - Ying Chaohui has extensive experience in the financial sector, having held various leadership roles in Zhejiang's financial institutions, including the Zhejiang Rural Credit Union and Zhejiang Rural Commercial Bank [2][11]. - The appointment is seen as a critical step in stabilizing the company's management structure and enhancing operational efficiency [9][10]. Financial Performance - Caitong Securities reported a significant increase in financial performance for the third quarter of 2025, with total revenue reaching 5.063 billion yuan, a year-on-year increase of 13.99%, and net profit attributable to shareholders at 2.038 billion yuan, up 38.42% [2][15]. - The third quarter alone saw revenue growth of 48.58% and net profit growth of 75.10%, indicating a strong recovery and operational turnaround [15][16]. - The increase in revenue was primarily driven by a rise in net commission income and investment returns, with brokerage business net income growing by 66.32% [17]. Strategic Focus - The company aims to deepen its "investment banking + investment + research" collaborative innovation model and focus on serving Zhejiang enterprises, which is expected to enhance its competitive position [14][17]. - The dual leadership structure of "party leadership + operational management" is anticipated to facilitate the execution of the company's core strategy and address performance disparities between different business segments [9][17].