Board Reshuffle Finalized! Huatai Securities Opens a "New Chapter" in Personnel Affairs
On the evening of January 23, Huatai Securities disclosed the resolutions of the first meeting of the seventh board of directors. The company’s board and senior management team have completed a reshuffling, and the new chairman has been officially appointed.
On the same day, Huatai Securities also announced a significant capital increase arrangement for its wholly-owned overseas subsidiary, while the asset management subsidiary Huatai Securities Asset Management also completed personnel adjustments.
From governance structure to international expansion, multiple key decisions were implemented within the same time frame, signaling a clear stage-wise development.
New Board of Directors Formed, Wang Huiqing Appointed Chairman
On the evening of January 23, the resolutions from the first meeting of Huatai Securities’ seventh board of directors were officially disclosed, and the new board and senior management team completed their transition.
According to the announcement, the meeting agreed to elect Wang Huiqing as chairman of the seventh board of directors of Huatai Securities, with a three-year term starting from the date the board approved the appointment. With the chairman finalized, the new governance structure of Huatai Securities is now in place.
Reviewing his background, Wang Huiqing has long worked within the Jiangsu state-owned assets system and boasts considerable management experience in both government departments and financial institutions. Public records show Wang Huiqing was born in February 1970 in Sheyang, Jiangsu. He holds a background in finance, a master’s degree in law, and certifications as a registered accountant and lawyer (having passed the national judicial exam). Since 1992, he has worked in multiple government agencies such as 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 joined Jiangsu International Trust Co., Ltd., marking his move from the government system into finance. Between September 2009 and December 2013, he held positions 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, overseeing audit and legal affairs; in June 2016, he became deputy general manager and board secretary of listed company Jiangsu Guoxin.
Starting in December 2017, Wang Huiqing returned to Jiangsu Trust as general manager and also served as chairman of Lian Life Insurance. Later, in 2022, he was transferred to serve as Party Secretary and Chairman of Jiangsu High Investment, becoming the main leader of this Jiangsu province-owned venture capital firm.
In fact, Wang Huiqing’s election as chairman of Huatai Securities had long been anticipated by the market. As early as end of November 2025, the Jiangsu Party Organization Department released a pre-appointment announcement stating that Wang Huiqing was to be appointed principal executive of a company managed by the Provincial Party Committee, leading to widespread speculation in the market that he would succeed Zhang Wei as the new chairman of Huatai Securities.
Zhang Wei to Step Down, Board Completes Historic Handover
With the establishment of the new board, Huatai Securities is entering the chairman transition phase.
According to previous arrangements, former chairman Zhang Wei was originally scheduled to retire in November 2024. However, since the current board’s term lasts until December 2025, Zhang Wei continued to serve for more than a year. With the seventh board's resolutions finalized, his tenure is coming to an end.
The announcement expresses the company’s sincere gratitude to former chairman Zhang Wei and former executive committee member Sun Hanlin for their contributions during their tenure.
Board Special Committees and Executive Team Unveiled
The meeting also approved the composition schemes for the special committees under the seventh board of directors of Huatai Securities.
The Development Strategy Committee (five members) consists of Wang Huiqing, Zhou Yi, Yu Lanying, Jin Yongfu, and Chen Jianwei, with Wang Huiqing as chair; the Compliance and Risk Management Committee (three members) includes Zhou Yi, Ke Xiang, and Wang Jianwen, chaired by Zhou Yi.
The Audit Committee (three members, independent directors make up more than half) consists of Wang Bing, Ding Feng, and Lao Jianrong, chaired by Wang Bing; the Nomination Committee (three members, independent directors make up more than half) consists of Wang Quansheng, Wang Ying, and Peng Bing, chaired by Wang Quansheng; and the Compensation and Assessment Committee (three members, independent directors make up more than half) includes Wang Quansheng, Peng Bing, and Wang Bing, with Wang Quansheng as chair.
Notably, Huatai Securities CEO Zhou Yi has been reappointed, remaining as CEO and chair of the executive committee. Since 2019, Zhou Yi has held this role, driving the implementation of the company's tech empowerment and digital transformation strategies.
For the new executive team, the board appointed Han Zhencong, Jiang Jian, Zhang Hui, Chen Tianxiang, Jiao Xiaoning, and Wang Yujie as executive committee members. Han Zhencong is also chief information officer, Jiao Xiaoning is chief financial officer, and Zhang Hui is board secretary. In addition, Jiao Kai is compliance director and chief legal officer, Wang Chong is chief risk officer, and Sun Yan is human resources director.
Capital Increase of up to HKD 9 Billion to Support Overseas Business Development
While improving its governance structure, Huatai Securities is simultaneously advancing its overseas business layout.
The board approved a motion allowing the company to increase capital by up to HKD 9 billion for its wholly-owned subsidiary Huatai International Financial Holdings Ltd., to support the development of various overseas operations.
Asset Management Subsidiary Also Completes Leadership Transition
On the same day, Huatai Securities Asset Management issued an announcement detailing adjustments to major leadership roles.
The announcement states that the acting chairman and general manager Jiang Xiaoyang will become chairman, and will no longer serve as general manager; deputy general manager Zhu Qian will become general manager, and will no longer serve as deputy general manager; compliance director, inspector-general, and board secretary Liu Bowen will also serve as chief risk officer, while former chief risk officer Ms. Qin Jie will leave the position due to work reasons.
According to background, Jiang Xiaoyang is a master’s degree holder who joined Huatai Securities in 2001 and has held positions at the Guangzhou Tiyudonglu Securities Office, Beijing Yuetan South Street Securities Office, Financial Innovation Department, Securities Investment Department, and more. He joined Huatai Securities Asset Management in January 2024 and has acted as chairman, director, and general manager.
Zhu Qian, also a master’s graduate, previously worked at Orient Securities, HFT Fund, and CICC. He joined Huatai Asset Management in March 2015, serving as head of institutional department and deputy general manager (acting general manager).
Liu Bowen, a master’s graduate, joined Huatai Securities in 2009, serving as product team leader of the asset management headquarters. She joined Huatai Asset Management in January 2015, serving as head of product, head of operations, and now as board secretary, compliance director, and inspector-general.
All three executives have long served in key positions within the Huatai system.
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