Guolian Securities' acquisition of Minsheng Securities' &#34;subsequent actions&#34; is progressing in an orderly manner.
On the evening of June 6, Guolian Minsheng Securities (hereinafter referred to as &#34;New Guolian Securities&#34;) announced that the company held the 25th meeting of the fifth board of directors on June 6, approving the proposal on &#34;the appointment of senior management personnel and related matters,&#34; agreeing to appoint Wang Jinling as the executive vice president of the company, appoint Wang Wei, Ren Kaifeng, and Yang Hai as vice presidents of the company, and appoint Wu Zherui as the chief information officer of the company. The terms of the above appointments will be from the date of approval by this board meeting until the end of the fifth board of directors of the company.
The newly appointed executives all previously held management positions at Minsheng Securities, and this appointment is clearly a systematic arrangement by &#34;New&#34; Guolian Minsheng Securities for its management team.
<h2>All have experience working at Minsheng Securities</h2>
Public information shows that the executives appointed on that day, Wang Jinling, Wang Wei, Ren Kaifeng, Yang Hai, and Wu Zherui, all have work experience at Minsheng Securities.
Specifically, Wang Wei, born in 1972, holds a master's degree in economics.
He has served as the general manager of Chengdu Caizhi Software Co., Ltd., vice president of First Capital Securities, general manager of Shenzhen Lens Technology Co., Ltd., general manager of Shenzhen Shanxi Investment Management Co., Ltd., general manager of Beijing Jingrong Technology Co., Ltd., and member of the executive committee and vice president of Minsheng Securities.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/8a0fa92e-4195-4b0e-8984-329296c1f597.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/8a0fa92e-4195-4b0e-8984-329296c1f597.png"/>
Ren Kaifeng, born in 1978, holds a doctorate in engineering. He is currently the chairman of Minsheng Securities Investment Co., Ltd.
He has served as the assistant director of the Planning and Economic Commission of Qidong City, Jiangsu Province (on-the-job), a visiting scholar in the Department of Applied Physics at Hong Kong Polytechnic University, a principal staff member in the Economic System Reform Division of the Development and Reform Commission of Pudong New Area, principal staff member in the Office of the Financial Services Bureau of Pudong New Area, deputy director of the Economic and Social Development Service Division (Listed Company Service Division), deputy director and director of the Financial and Shipping Services Division of the Shanghai Lujiazui Financial Trade Zone Management Committee, director of the Financial and Shipping Department of the Shanghai Lujiazui Financial City Development Bureau, deputy director and party member of the Lujiazui Management Bureau of the China (Shanghai) Pilot Free Trade Zone Management Committee, chief investment officer of Shanghai Haohai Biotechnology Co., Ltd., vice chairman and chairman of the Lujiazui Financial City Development Foundation, chairman and president of Minsheng Equity Investment Fund Management Co., Ltd., and member of the executive committee and vice president of Minsheng Securities.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/6c10476d-7aa2-4a90-b009-ea0638de3cff.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/6c10476d-7aa2-4a90-b009-ea0638de3cff.png"/>
Yang Hai, born in 1971, holds a master's degree in economics and an EMBA. He is currently the chairman and president of Minsheng Equity Investment Fund.
He has served as the executive general manager of investment banking business at CITIC Securities, managing director of investment banking business at CITIC Securities International Co., Ltd., managing director of direct investment business at CITIC Lyon Securities, general manager of Guolian Tongbao Capital Investment Co., Ltd., assistant president of Wuxi Guolian Development (Group) Co., Ltd., chairman of Minsheng Securities Investment Co., Ltd., and member of the executive committee and vice president of Minsheng Securities
Board Secretary, etc.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/fbf8b416-ca9d-4dce-a652-69d214eb21a9.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/fbf8b416-ca9d-4dce-a652-69d214eb21a9.png"/>
Wu Zherui was born in 1981 and holds a Master of Business Administration. He is currently a member of the Executive Committee and Chief Information Officer of Minsheng Securities.
He previously served as the head of the Asia Emerging Markets Development Team at Morgan Stanley Management Services (Shanghai) Co., Ltd., and as the head of the Shanghai R&amp;D Center of the Information Technology Department at Huatai Securities. He replaced the former Chief Information Officer Huang Wei at Guolian Minsheng.
The announcement stated that Huang Wei would no longer serve as the Chief Information Officer due to work adjustments but would remain with the company, and the positions of other senior management personnel would remain unchanged.
The company also expressed heartfelt gratitude to Huang Wei for his efforts and contributions to the company's development during his tenure as Chief Information Officer.
<h2>Return to &#34;New Guolian&#34;</h2>
Wang Jinling, who has been appointed as the Executive Vice President of the company, has prior experience at Guolian Securities before joining Minsheng Securities.
He was born in 1974 and holds a Doctorate in Engineering. He is currently the Party Secretary and Chairman of the Executive Committee of Minsheng Securities.
He has previously served as the Assistant General Manager of a department at China Life Insurance Co., Ltd., a researcher at the China Securities Regulatory Commission, the Executive General Manager of a department at CITIC Securities, the Chief Information Officer of Guolian Minsheng Securities, the Assistant President of Wuxi Guolian Development (Group) Co., Ltd., and a director at Minsheng Securities.
Now, he can be said to have returned to the merged &#34;New Guolian&#34; Securities.
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According to the China Securities Regulatory Commission's approval issued on December 27, 2024, regarding Guolian Securities Co., Ltd.'s issuance of shares to purchase assets and raise matching funds, and the change of major shareholders of Guolian Securities Co., Ltd. and Minsheng Securities Co., Ltd., as well as the change of actual controllers of Minsheng Fund Management Co., Ltd. and Minsheng Futures Co., Ltd. (Zheng Jian Xu Ke [2024] No. 1911). The company purchased a total of 99.26% of the shares of Minsheng Securities held by Wuxi Guolian Development (Group) Co., Ltd. and 45 other trading parties through the issuance of A-shares and raised matching funds.
The Shanghai Branch of China Securities Depository and Clearing Co., Ltd. issued the &#34;Securities Change Registration Certificate&#34; on January 3, 2025, confirming that the registration procedures for the newly issued shares for asset purchases have been completed.
Based on the company's strategic development needs and to ensure that the company's stock abbreviation more comprehensively and accurately reflects the company's basic situation and future development plans, Guolian Securities has been renamed &#34;Guolian Minsheng.&#34;
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On June 6th, Guolian Securities held a board meeting and appointed Wang Jinling as Executive Vice President, Wang Wei, Ren Kaifeng, Yang Hai, and Wu Zherui as Vice Presidents, with Wu Zherui also serving as Chief Information Officer. These new executives have all previously worked at Minsheng Securities, indicating a systematic arrangement of the management team at the new Guolian Securities

- Guolian Securities is systematically advancing its acquisition of Minsheng Securities, now referred to as "New Guolian Securities."  
- On June 6, the company appointed several executives, all of whom have prior management experience at Minsheng Securities, indicating a strategic restructuring of the management team.  
- The appointments include Wang Jinling as Executive Vice President and Wu Zherui as Chief Information Officer, with the board expressing gratitude to the outgoing CIO for his contributions.

Wallstreetcn

"New Guolian Securities" batch appoints executives, "Old Minsheng Securities" vice presidents swarm to take office