Group 1 - Yang Huahui officially stepped down as the Party Secretary of Industrial Securities due to age reasons, marking the end of nearly eight years of leadership that significantly advanced the company [1][2][3] - Su Junliang, the new Party Secretary, comes from the Fujian state-owned financial system and has a strong reform background from his tenure at Huafu Securities [1][4] - Under Yang's leadership, Industrial Securities saw substantial growth, with total assets increasing from 153.1 billion to 301 billion yuan and net assets rising from 35.9 billion to 62.9 billion yuan from the end of 2017 to the end of 2024 [2] Group 2 - Su Junliang has initiated significant reforms at Huafu Securities, focusing on organizational restructuring and cultural transformation, aiming to build a new development framework [4] - Huafu Securities reported a total asset growth of 37% and a net asset increase of 41% by the end of 2024, with operating income and net profit both showing a 50% year-on-year increase [4][5] - The market's expectations for integration among Fujian-based securities firms have risen with Su's appointment, although Industrial Securities confirmed no knowledge of any related restructuring plans [6]