Sou Hu Cai Jing·2025-11-04 06:53Core Viewpoint - Guangfa Securities Asset Management announced a change in senior management, with Sun Xiaoyan set to become the chairman on October 31, 2025, following the departure of the former chairman, Qin Li [2] Group 1: Management Changes - Sun Xiaoyan has a long-standing career with Guangfa Securities, having worked in various departments since joining in July 1993, including the capital operations, accounting, and investment banking departments [3][4] - Sun Xiaoyan's previous roles include manager and deputy general manager of the accounting department, deputy general manager of the investment self-operation department, and financial director and deputy general manager of Guangfa Fund Management [4] - The former chairman, Qin Li, has been appointed as the general manager of Guangfa Securities since May 2024 [4] Group 2: Recent Executive Adjustments - Since 2025, Guangfa Asset Management has undergone a series of executive changes, including the retirement of CIO Jiang Rong in March and the appointment of Liu Yu as the new CIO in July [4][5] - Wang Hua, a deputy general manager, also left due to work arrangements in July [5] Group 3: Company Overview and Financials - Guangfa Asset Management, established on January 2, 2014, is a wholly-owned subsidiary of Guangfa Securities and the first broker-dealer asset management company in South China [6] - As of June 30, 2025, the net asset value managed by Guangfa Asset Management was 250.645 billion yuan, with specific asset management plans seeing a net value increase of 4.56% and 39.49% compared to the end of 2024, while collective asset management plans decreased by 8.85% [6]