royalewithcheesemegawaysslot| Hualin Securities changes coaches again after seven months: Zhu Song recently received a warning letter when he resigned as CEO
CEO has only been in office for more than 7 months.RoyalewithcheesemegawaysslotHualin Securities Co., Ltd. changed its coach again.
On the evening of May 22ndRoyalewithcheesemegawaysslotHualin Securities issued a senior management change announcement, saying that Zhu Song applied to resign as CEO (label: CEO) and Chief Financial Officer for personal reasons, and will no longer hold any position in the company or its holding subsidiary after his resignation. So far, Zhu Song does not hold shares in Hualin Securities. Zhu Song has confirmed that he has no differences of opinion with the company's board of directors and there are no other matters that need to be notified to shareholders as a result of his resignation. On the same day, the board of directors announced the appointment of Qin Xiang as CEO and acting CFO.
The thepaper.cn noted that Zhu Song, who previously worked for Western Securities, took up his post at Hualin Securities in October last year as chairman, chief executive and financial director of Hualin Securities, just over seven months after he resigned. According to the Hualin Securities announcement, the executives who submitted the resignation letter at the same time as Zhu Song also included Zhu Wenjin, vice chairman of the company and member of the board's strategic planning and ESG committee.
The female general will take the lead.
According to a resume disclosed when he took office last year, Zhu Song was born in January 1978 and is now 46 years old. He served successively in the International Business Department of Industrial and Commercial Bank of China Co., Ltd., Shanghai Branch and the head office of Shanghai Pudong Development Bank Co., Ltd., and worked in Orient Securities Co., Ltd from January 2014 to October 2020. he has served as deputy general manager and general manager of capital and financial management headquarters, as well as a director of Shanghai East Securities Futures Co., Ltd., and a director of Oriental Financial Holdings (Hong Kong) Co., Ltd. He worked in Western Securities Co., Ltd. from November 2020 to September 2023, and served as Deputy General Manager of Western Securities from February 2021 to August 2023.
Qin Xiang is an experienced person in coupon business. According to her resume, Qin Xiang, female, was born in June 1973 and is now 50 years old. From July 1998 to March 2004, he served as the system Development engineer of the Information Technology Center of China Merchants Securities Co., Ltd.; from March 2004 to July 2013, he served as Deputy Manager, Assistant Director, Assistant General Manager and Deputy General Manager of the Clearing Center of China Merchants Securities Co., Ltd.; from July 2013 to April 2019, he served as Deputy General Manager (in charge of work) and General Manager of the Trusteeship Department of China Merchants Securities Co., Ltd. General Manager of China Merchants Securities Asset Management Co., Ltd., from February 2019 to October 2019, Vice President and Chief operating Officer of China Di Group from December 2019 to March 2024, and Executive Director of China Di Group from June 2020 to March 2024. Since April 2024, he has been a member of the Executive Committee of Hualin Securities.
According to the announcement, the term of office of the Chief Executive Officer of Qin Xiang shall not exceed six months from the date of examination and approval of the company's board of directors to the expiration of the third session of the board of directors.
Core executives change frequently
Thepaper.cn noted that core executives of Hualin Securities have changed frequently since it went public in 2019.
Three months after the listing of Hualin Securities, CEO Chen Yongjian resigned, and Lin Li, the real controller, personally served as chairman and CEO. Six months later, on December 28, 2019, Lin Li resigned as CEO and announced Zhu Wenjin as president on the same day.
In June 2021, Zhu Wenjin no longer served as president and chairman of the executive committee, and appointed Wei Hongbo as president and chairman of the executive committee. However, the term of office was less than half a year. In November 2021, Wei Hongbo resigned and the board of directors appointed Zhao Weixing as the company's chief executive and chairman of the executive committee. In November 2023, Zhao Xing resigned and was subsequently replaced by Zhu Song.
Thepaper.cn noted that on the eve of Zhu Song's departure, Zhu Songgang was punished by the Xizang Securities Regulatory Bureau.
On May 9, Hualin Securities issued an announcement that the company received the written decision on administrative supervision measures of Xizang Securities Regulatory Bureau. Xizang Securities Regulatory Bureau found out that the risk signs of Hongbo Convention and Exhibition Arbitration case and the inaccurate calculation of business and management fees were not taken into account in the performance forecast of Hualin Securities, which led to the net profit of the 2023 annual report. "1Royalewithcheesemegawaysslot72 million yuan to 2.RoyalewithcheesemegawaysslotThere is a big difference between ".1.8 billion yuan" and the net profit of "25 million yuan to 37 million yuan" in the revised announcement of 2023 performance forecast.
In addition, Hualin Securities did not disclose until February 27, 2024 after receiving the award of the Shanghai International Economic and Trade Arbitration Commission on February 18, 2024.
With regard to the above violations, Xizang Securities Regulatory Bureau believes that Lin Li, as the company's chairman, Zhu Song, as the company's general manager and financial director, and Xie Yingming, as the secretary of the company's board of directors, bear the main responsibility, and finally take supervision and management measures to issue warning letters to the above-mentioned personnel, and record the relevant information in the integrity files of the securities and futures market.
On April 20, Hualin Securities disclosed its 2023 annual report. In 2023, the company's total operating income was 1.015 billion yuan, down 27.38% from the same period last year; the net profit was 31.6861 million yuan, down 93.18% from the same period last year; and 203 million yuan was deducted from non-net profit, down 52.87% from the same period last year. On April 27th, Hualin Securities released its first quarterly report, showing that revenue in the first quarter of this year reached 273 million yuan, an increase of 12.02 percent over the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 72.7763 million yuan, up 19.29 percent over the same period last year.
As of May 22, Hualin Securities closed up 0.09% at 11.45 yuan.
(article source: thepaper.cn)