Core Viewpoint - Changjiang Securities has completed the election of its board of directors and management team, with Liu Zhengbin re-elected as chairman and Chen Jia appointed as vice chairman [1][5]. Board Composition - The new board consists of 8 non-independent directors: Liu Zhengbin, Chen Jia, Liu Yuanrui, Li Junxi, Chen Huajun, Huang Xueqiang, Chen Wenbin, and Zhao Haitao [6][7]. - There are 5 independent directors: Zhu Qigui, Xu Xinzong, Li Xintian, Quan Yi, and Dai Yunhao, along with one employee representative director, Su Baiyi [7]. Changes in Representation - The most significant change in the board is the increase in representatives from Hubei State-owned Assets, with three new members: Li Junxi, Chen Huajun, and Zhao Haitao, forming a four-member team representing state assets [7][8]. Management Appointments - Liu Yuanrui continues as the president of Changjiang Securities, overseeing daily operations. Other key appointments include Chen Shuiyuan as vice president and CFO, Zhou Chun as vice president and chief compliance officer, and several others in various executive roles [8][9]. Company Background - Changjiang Securities, originally Hubei Securities, was established in 1991 and became the sixth listed brokerage in China in 2007. The company has undergone multiple changes in ownership [9]. Shareholding Changes - In March 2024, Hubei State-owned Changjiang Industrial Investment Group acquired 863 million shares from Hubei Energy and Three Gorges Capital, making it the largest shareholder with approximately 17.41% of total shares [9]. Financial Performance - For the first three quarters of 2025, Changjiang Securities reported revenue of 8.486 billion yuan, a year-on-year increase of 76.66%, and a net profit of 3.373 billion yuan, up 135.20% [9]. Market Performance - On December 9, 2025, Changjiang Securities' stock price fell by 1.45% to 8.16 yuan, with a total market capitalization of 45.1 billion yuan. The stock has risen nearly 20% year-to-date [10].
湖北国资入主长江证券董事会