On the evening of January 23, Huatai Securities disclosed the resolutions of the first meeting of the seventh board of directors, announcing the completion of the board and executive team reshuffle, with the chairman officially determined.
On the same day, Huatai Securities also announced a substantial capital increase arrangement for its wholly-owned overseas subsidiary, and the asset management subsidiary Huatai Securities Asset Management also completed personnel adjustments.
From governance structure to international layout, multiple key decisions were concentrated in the same time window, releasing clear phased signals.
<h2>New Board of Directors Established, Wang Huiqing Appointed Chairman</h2>
On the evening of January 23, the resolutions of the first meeting of the seventh board of directors of Huatai Securities were officially disclosed, completing the reshuffle of the new board of directors and executive team.
The announcement showed that the meeting agreed to elect Wang Huiqing as the chairman of the seventh board of directors of Huatai Securities, with a term of three years starting from the date of approval by this board meeting. With the chairman determined, the new governance structure of Huatai Securities was subsequently established.
In terms of background, Wang Huiqing has long served within the Jiangsu state-owned asset system, possessing a relatively complete management experience in government departments and financial institutions. Public information shows that Wang Huiqing was born in February 1970 in Sheyang, Jiangsu, has a background in finance, a master's degree in law, and is also a certified public accountant and lawyer (having passed the national judicial examination). He began working in 1992 and has held positions in the Jiangsu Provincial Department of Finance, the Administration for Industry and Commerce, and the State-owned Assets Supervision and Administration Commission.
In September 2009, Wang Huiqing entered Jiangsu International Trust Co., Ltd., marking his transition from the government system to the financial sector. From September 2009 to December 2013, he served as deputy general manager and general manager of the audit and finance departments at Jiangsu Trust. At the end of 2013, Wang Huiqing joined Jiangsu Guoxin Group, responsible for auditing and legal affairs; in June 2016, he was appointed deputy general manager and board secretary of the listed company Jiangsu Guoxin.
Since December 2017, Wang Huiqing returned to Jiangsu Trust as general manager and concurrently served as chairman of Lianan Life Insurance. In 2022, Wang Huiqing was transferred to serve as the party secretary and chairman of Jiangsu Gaotou, becoming the main person in charge of this Jiangsu provincial state-owned venture capital institution.
In fact, Wang Huiqing's election as chairman of Huatai Securities was already anticipated by the market. As early as the end of November 2025, the Jiangsu Provincial Organization Department issued a pre-appointment notice, indicating that Wang Huiqing was proposed to be appointed as the head of an enterprise managed by the provincial committee, leading the market to speculate that he would succeed Zhang Wei as the new chairman of Huatai Securities.
<h2>Zhang Wei Set to Step Down, Board Completes Historical Handover</h2>
With the establishment of the new board of directors, Huatai Securities has also entered the chairman handover phase.
According to the original arrangement, the former chairman Zhang Wei was supposed to retire in November 2024. However, as the current board's term extends until December 2025, Zhang Wei will continue to serve for more than a year. With the approval of the seventh board's resolutions, his term is about to come to an end.
The announcement expressed heartfelt gratitude to former chairman Zhang Wei and former executive committee member Sun Hanlin for their contributions to the company's development during their tenure.
<h2>Board Committees and Executive Team Overall Appearance</h2>
The meeting also approved the composition plan for the special committees of the seventh board of directors of Huatai Securities.
Among them, the Development Strategy Committee (comprising 5 members) consists of Wang Huiqing, Zhou Yi, Yu Lanying, Jin Yongfu, and Chen Jianwei, with Wang Huiqing serving as the chairman (convener); the Compliance and Risk Management Committee (comprising 3 members) consists of Zhou Yi, Ke Xiang, and Wang Jianwen, with Zhou Yi serving as the chairman (convener).
The Audit Committee (comprising 3 members, with independent directors accounting for more than 1/2) consists of Wang Bing, Ding Feng, and Lao Jianrong, with Wang Bing serving as the chairman (convener); the Nomination Committee (comprising 3 members, with independent directors accounting for more than 1/2) consists of Wang Quansheng, Wang Ying, and Peng Bing, with Wang Quansheng serving as the chairman (convener); the Compensation and Assessment Committee (comprising 3 members, with independent directors accounting for more than 1/2) consists of Wang Quansheng, Peng Bing, and Wang Bing, with Wang Quansheng serving as the chairman (convener).
It is noteworthy that Huatai Securities' CEO Zhou Yi has been reappointed to continue serving as the company's CEO and chairman of the executive committee. Zhou Yi has held this position since 2019 and has promoted the implementation of Huatai Securities' technology empowerment and digital transformation strategy during this time.
Regarding the new executive team, the board has appointed Han Zhencong, Jiang Jian, Zhang Hui, Chen Tianxiang, Jiao Xiaoning, and Wang Yujie as members of the executive committee. Among them, Han Zhencong also serves as the Chief Information Officer, Jiao Xiaoning also serves as the Chief Financial Officer, and Zhang Hui also serves as the Secretary of the Board. In addition, Jiao Kai is appointed as the Compliance Director and General Counsel, Wang Chong is appointed as the Chief Risk Officer, and Sun Yan is appointed as the Human Resources Director.
<h2>Capital increase of no more than HKD 9 billion to support overseas business development</h2>
While improving the company's governance structure, Huatai Securities is simultaneously advancing its overseas business layout.
The board reviewed and approved a proposal to agree to increase the capital of the wholly-owned subsidiary Huatai International Financial Holdings Limited by no more than HKD 9 billion to support the development of various overseas businesses.
<h2>Asset management subsidiary also undergoes leadership change, top two positions officially confirmed</h2>
On the same day, Huatai Securities Asset Management also announced that the company's main responsible persons have completed adjustments.
The announcement shows that Jiang Xiaoyang, acting chairman and general manager, will serve as the chairman of the company and will no longer hold the position of general manager; Zhu Qian, the deputy general manager, will serve as the general manager and will no longer hold the position of deputy general manager; Liu Bowen, the Compliance Director, Inspector General, and Secretary of the Board, will also serve as the Chief Risk Officer, while the former Chief Risk Officer Ms. Qin Jie will no longer hold this position due to work changes.
From the resume, Jiang Xiaoyang holds a master's degree and joined Huatai Securities in 2001, having worked in various departments such as the Guangzhou Sports East Road Securities Business Department, Beijing Yuetang South Street Securities Business Department, Financial Innovation Department, and Securities Investment Department. He entered Huatai Securities Asset Management in January 2024 and has served as acting chairman, director, and general manager.
Zhu Qian also holds a master's degree and has worked at Dongfang Securities, Haifutong Fund, and China International Capital Corporation. He joined Huatai Securities Asset Management in March 2015 and has held positions such as head of the institutional department and deputy general manager (acting).
Liu Bowen holds a master's degree and joined Huatai Securities in 2009. He has served as the head of the product team at Huatai Securities Asset Management Headquarters and entered Huatai Securities Asset Management in January 2015, having held positions such as head of the product department and head of the operations department. He currently serves as the Secretary of the Board, Compliance Director, and Inspector General
The three executives have all served in key positions within the Huatai system for a long time

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The board of directors of Huatai Securities has completed its re-election, advancing overseas capital increase and personnel adjustments in asset management

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The board of directors' reshuffle is finalized! Huatai Securities personnel open a "new chapter"