Shenwan Hongyuan President Huang Hao Resigns, Huang Jianjun Takes Over; 2025 Net Profit Up 82% to 9.5 Billion

Shenwan Hongyuan Group Co. , Ltd. (000166) announced on the evening of August 14 that its Vice Chairman and President Huang Hao submitted a written resignation due to work arrangements, stepping down from multiple roles at the company, including Vice Chairman, Director, President, and member of the Board's Strategy and ESG Committee and Risk Control Committee. After his resignation, he will no longer hold any position at the company or its subsidiaries. On the same day, the company's 18th meeting of the sixth board of directors approved the appointment of Huang Jianjun as President and Deputy Director and member of the Executive Committee.

Huang Hao, born in July 1973, is a senior economist with a Master of Management from Tsinghua University and a PhD in Economics from the Research Institute of the People's Bank of China. He worked at the State Administration of Foreign Exchange from July 1999 to February 2005, then at Central Huijin Investment Ltd. from February 2005 to November 2020, where he served as Director of the General Administration Department. He was appointed President of Shenwan Hongyuan on December 18, 2020, serving for about five years and eight months until this resignation.

His successor, Huang Jianjun, born in May 1969, holds a Bachelor of Agriculture from Beijing University of Agriculture. He previously worked at China Rural Development Trust and Investment Corporation, China Construction Bank, and China Cinda Asset Management Company. From July 2010 to December 2020, he held various positions at China Jianyin Investment Co. , including Head of the Capital Market Department, General Manager of Strategic Development, Chief Operating Officer, Chief Financial Officer, Executive Director, and Vice President. From December 2020 to August 2026, he served as Deputy Party Secretary, Executive Director, and President of China Jianyin Investment ("China Jianyin"), the largest shareholder of Shenwan Hongyuan, holding 26.34% as of the end of the first quarter of 2026.

Shenwan Hongyuan was formed in January 2015 through the merger of Shenyin Wanguo Securities and Hongyuan Securities. Its subsidiaries include Shenwan Hongyuan Securities, Hongyuan Huizhi, Hongyuan Huifu, and Hongyuan Futures, covering corporate finance, personal finance, institutional services and trading, and investment management. The 2025 annual report showed revenue of RMB 24.256 billion, up 30.29% year-on-year; net profit attributable to shareholders of the listed company was RMB 9.507 billion, up 82.46%. As of the end of 2025, total assets stood at RMB 741.547 billion, net assets at RMB 111.597 billion, and the weighted average return on equity was 8.76%. In the first quarter of 2026, revenue was RMB 5.928 billion, up 11.72% year-on-year, and net profit was RMB 2.356 billion, up 19.15%. As of the end of the first quarter, total assets were RMB 764.348 billion and net assets were RMB 114.635 billion.