券商中国·2025-05-13 01:17Core Viewpoint - The resignation of Zhang Haochuan, Vice President of China Merchants Securities, is a significant event, reflecting the challenges faced by the asset management industry and the need for new leadership in the company [1][5]. Management Changes - Zhang Haochuan resigned on May 12 due to personal reasons, having been in the position since a global recruitment process in 2021 [1][5]. - His tenure saw a slight decline in the performance of the asset management sector, attributed to industry pressures such as public fund fee reforms [3][5]. - Following Zhang's departure, the executive team at China Merchants Securities is reduced to six members, indicating a need for new talent [6]. Asset Management Performance - As of the end of 2024, China Merchants Asset Management reported total assets of 59.58 billion yuan and net assets of 55.93 billion yuan, with a total asset management scale of 2,673.92 billion yuan [7][8]. - The company achieved operating income of 871 million yuan and net profit of 279 million yuan in 2024, with a net income growth of 2.82% year-on-year [7][8]. - The asset management structure is undergoing adjustments, with a focus on enhancing active management capabilities and expanding product offerings [8]. Future Business Plans - China Merchants Securities aims to integrate technology finance with modern investment banking, focusing on sectors like semiconductors and green technology [10]. - The company plans to invest at least 150 million yuan in AI capabilities from 2023 to 2025, aiming to build an "AI securities company" [10]. - The international business strategy emphasizes expanding in the Hong Kong market while exploring opportunities in Southeast Asia [11].