Group 1 - The core viewpoint of the news is the approval of Fang Yi's appointment as the chairman of Beiyin Wealth Management, a wholly-owned subsidiary of Beijing Bank, indicating a leadership change within the company [1] - Fang Yi has a background in various leadership roles within Beijing Bank, including positions as deputy general manager and party secretary of the Jinan and Shijiazhuang branches [1] - Beiyin Wealth Management was established in November 2022 with a registered capital of 2 billion yuan and has launched two indices since its inception [1] Group 2 - As of the end of 2024, Beiyin Wealth Management reported a management asset scale of 389.2 billion yuan, reflecting a year-on-year growth of 33.52% [2] - The net profit for Beiyin Wealth Management was 258 million yuan, which represents a decline of 17.3% compared to the previous year [2] - The total assets and net assets of Beiyin Wealth Management were reported at 2.742 billion yuan and 2.607 billion yuan, respectively [2]

Core Viewpoint - The article discusses the appointment of Fang Yi as the new chairman of Beiyin Wealth Management, highlighting his previous experience and the company's recent performance metrics [2][3]. Group 1: Appointment Details - Fang Yi's qualifications as the chairman of Beiyin Wealth Management have been approved by the Beijing Regulatory Bureau of the National Financial Supervisory Administration [2]. - Fang Yi has held various positions within Beijing Bank, including Deputy General Manager of the Jinan Branch and Party Secretary and President of the Shijiazhuang Branch [2]. - Beiyin Wealth Management, a wholly-owned subsidiary of Beijing Bank, was established in November 2022 with a registered capital of 2 billion yuan [2]. Group 2: Company Performance - As of the end of 2024, Beiyin Wealth Management's managed asset scale reached 389.2 billion yuan, representing a year-on-year growth of 33.52% [3]. - The company's net profit for 2024 was 258 million yuan, which is a decrease of 17.3% compared to the previous year [3]. - Total assets and net assets of Beiyin Wealth Management were reported at 2.742 billion yuan and 2.607 billion yuan, respectively [3].