Core Viewpoint - The article discusses the life and contributions of Qi Guoqi, the former president of Guohai Securities, who recently passed away in a traffic accident. It highlights his significant role in the development of the securities industry in China and his impact on Guohai Securities. Group 1: Career Overview - Qi Guoqi began his career in the securities industry in 1996, working for various firms including Junan Securities, Guotai Junan, Minsheng Securities, and Guohai Securities, where he served for 11 years [2][4]. - He played a crucial role in the rapid expansion and restructuring of the securities industry, particularly in fixed income business development at Guohai Securities [2][5]. Group 2: Contributions to Guohai Securities - Under Qi's leadership, Guohai Securities established a strong fixed income business, which became a hallmark of the company, contributing significantly to its revenue [5][6]. - The fixed income business saw a transformation from a loss of 8.5 million yuan in 2004 to over 200 million yuan in revenue by 2010, marking a substantial growth trajectory [5]. - Qi implemented a quasi-business unit management model to enhance employee motivation and operational efficiency, which attracted talented teams and improved the company's market ranking [5][6]. Group 3: Strategic Milestones - Qi was instrumental in Guohai Securities' successful reverse merger with SST Jiqi in 2011, making it the 16th listed securities firm on the A-share market [7]. - Following the listing, he pushed for a capital increase plan that raised 3.256 billion yuan, which was aimed at expanding the company's operational capacity and enhancing its market competitiveness [8].
知名证券业老将意外离世