Famous securities firms will welcome new CEOs!, Former CEO lost contact for one month | Candidate | Securities firm
Within a month after Wang Qingshan, the former president of Zhejiang Securities, was rumored to have lost contact and submitted a written resignation report, the candidate for the new president of Zhejiang Securities has made a name for himself.
According to internal sources, the actual controller of Zhejiang Securities, Zhejiang Transportation Investment Group Co., Ltd., plans to nominate Qian Wenhai, Chairman and Party Secretary of Zhejiang Transportation Investment Group Finance Co., Ltd., as the new CEO candidate of Zhejiang Securities on the morning of June 6th.
According to the official website of Zhejiang Transportation Investment Group Finance Co., Ltd., Qian Wenhai was born in March 1975 with a Master's degree in Management, a Senior Engineer, and a Certified Public Accountant. Formerly served as the Deputy General Manager and Party Committee Member of Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd., Deputy Manager of Asset Management Department and Manager of Business Industry Department of Zhejiang Transportation Investment Group Co., Ltd., General Manager and Party Committee Member of Zhejiang Transportation Investment Real Estate Group Co., Ltd., and Director, General Manager, and Deputy Party Secretary of Zhejiang Transportation Investment Group Finance Co., Ltd. The current Chairman and Party Secretary of Zhejiang Transportation Investment Group Finance Co., Ltd.
On May 12th this year, Zhejiang Securities announced that the company's board of directors had recently received a written resignation report from director and president Wang Qingshan. Wang Qingshan applied to resign from his position as director, president, and other related positions due to personal reasons. Wang Qingshan's resignation shall take effect from the date of delivery to the board of directors, and shall be fulfilled by Zhang Hui, the secretary of the company's board of directors, on behalf of the president.
Just before the announcement was issued, there were reports that Wang Qingshan was "called out of the venue" when he attended the cadre meeting of Jiangsu Transportation Investment Group Finance Co., Ltd. in March. Subsequently, Zhejiang Securities responded, stating that the CEO was on vacation.
According to public information, Wang Qingshan was born in December 1981 in Jinhua, Zhejiang. He served as the Chairman of the Supervisory Board of Zhejiang Securities from January 2016 to July 2017, and has been serving as a Director and President of Zhejiang Securities since August 2017. According to reports, Wang Qingshan graduated from the Law School of Peking University in 2006 and joined the Issuance Department of the China Securities Regulatory Commission after graduation. He once served as the Secretary of Zhu Congjiu.
Similar to Qian Wenhai, Wang Qingshan also comes from Zhejiang Transportation Investment Group Finance Co., Ltd. and has served as the deputy general manager and general manager of the company.
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In fact, Zhejiang Securities and Zhejiang Transportation Investment Group Finance Co., Ltd. also have a connection. Zhejiang Transportation Investment Group Finance Co., Ltd. is a non bank financial institution initiated and controlled by Zhejiang Transportation Investment Group Co., Ltd., with its member units participating and approved by the China Banking Regulatory Commission. Zhejiang Securities is the first A-share listed securities firm in Zhejiang Province, with the actual controller being Zhejiang Transportation Investment Group Co., Ltd.
Zhejiang Transportation Investment Group Finance Co., Ltd. has a registered capital of 5.23 billion yuan and opened on December 28, 2012. The company's main business includes handling deposits, loans, settlements, guarantees, entrusted loans, financial and financing advisory services for member units, interbank deposits and lending with cooperating banks, underwriting corporate bonds and securities investments of member units, etc.
On April 23, 2013, Zhejiang Securities submitted IPO application materials. However, due to the abnormal fluctuations in the stock market in 2015 and the slowdown in IPO review, the pace of Zhejiang Securities' listing was also delayed, and it was finally listed on the main board of the Shanghai Stock Exchange in June 2017.
In 2022, Zhejiang Securities achieved a revenue of 16.814 billion yuan, a year-on-year increase of 2.41%; Realized a net profit of 1.702 billion yuan, a year-on-year decrease of 22.51%. The latest quarterly report shows that Zhejiang Securities achieved a revenue of 4.931 billion yuan in the first quarter, a year-on-year increase of 57.37%; The net profit was 506 million yuan, a year-on-year increase of 56.52%.
According to the annual report, at the end of 2022, in the list of collective asset management plans raised and established by Zhejiang Zheshang Securities Asset Management Co., Ltd. as the manager, Zhejiang Transportation Investment Group Finance Co., Ltd. held Zhejiang Huijin Short term Bond Securities Investment Fund of 241 million yuan, Zhejiang Huijin Anxiang 66 month Regular Open Bond Securities Investment Fund of about 300 million yuan, Zhejiang Huiruili Phase 2 Collective Asset Management Plan of 29.8656 million yuan, Zhejiang Jujin Jiaotou No. 1 Single Asset Management Plan of 155 million yuan, and Zhejiang Jujin Baoying No. 1 Single Asset Management Plan of 932 million yuan.