Core Viewpoint - The recent executive appointments at Western Securities mark a significant leadership change following its acquisition of Guorong Securities, indicating a strategic shift towards deeper integration of the two firms [2][4][6]. Group 1: Executive Appointments - Xu Chaohui has been elected as the chairman of the seventh board of directors [2]. - Qi Bing has been appointed as the general manager, while Chen Wei has been appointed as the compliance director and chief risk officer [2]. - Zhao Yinghua, Yin Tao, and Shen Guoqiang have been appointed as deputy general managers, and Zhang Yongjun has been appointed as the financial director [2]. - Yuan Xing has been appointed as the board secretary and also as the company's securities affairs representative [2]. Group 2: Background of Changes - This executive reshuffle is the first major personnel change at Western Securities since its acquisition of Guorong Securities in September 2025 [4][6]. - The three newly appointed deputy general managers, Zhao Yinghua, Shen Guoqiang, and Yin Tao, have extensive experience within the company and have been promoted from assistant general manager positions [4][6]. Group 3: Strategic Context - The acquisition of Guorong Securities has led to a significant shift in management, with the new leadership expected to facilitate the integration of operations and personnel between the two firms [6]. - Western Securities is required to submit a detailed integration plan by August 2026, which will include key aspects such as branch integration, business collaboration, and personnel adjustments [6]. - The company reported a total operating revenue of 4.335 billion yuan for the first three quarters of 2025, a year-on-year decrease of 2.17%, while the net profit attributable to shareholders increased by 70.63% to 1.243 billion yuan [6].
西部证券三“副帅”同时上任,控股国融证券后紧跟人事协同