Shenwan Hongyuan announced on the evening of August 14 that Huang Hao has resigned from all positions at the company and its subsidiaries due to work arrangements. Huang Jianjun, from the largest shareholder China Jianyin Investment, has been appointed as the company's general manager and deputy director of the executive committee. Huang Jianjun is 57 years old and has served as deputy party secretary and president of China Jianyin Investment since December 2020. He has also been nominated as a candidate for executive director of Shenwan Hongyuan's sixth board of directors. This is the fourth general manager of Shenwan Hongyuan since the merger and restructuring of Shenyin Wanguo and Hongyuan Securities in 2015, and the first time a core executive from the major shareholder has parachuted in to take over. In the first quarter of 2026, Shenwan Hongyuan achieved operating revenue of 5.928 billion yuan, up 11.72 percent year on year, and net profit attributable to the parent of 2.356 billion yuan, up 19.15 percent year on year. However, the growth rate of net profit attributable to the parent excluding non-recurring items was not outstanding among peers, and the company's profit relies heavily on proprietary trading. In 2025, proprietary trading revenue accounted for about 57.89 percent of total revenue.
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