Hengtai Securities board to see new leadership after director resignations

Hengtai Securities Co. announced the resignation of non-executive directors Mr. Li Ye and Ms. Yang Qin, both citing work arrangements. Their resignations are effective upon the approval of new director appointments at an extraordinary general meeting (EGM).

The board will then consider electing Mr. Yin Guohong as an executive director, Mr. Xie Xin as a non-executive director, and Mr. Qi Liang as an independent non-executive director to the fifth session of the board. These proposals were submitted by Beijing Huarong Zonghe Investment Co., a shareholder holding 21.8806% of the company's share capital.

Mr. Yin Guohong, 51, has been the company's president since September 2023. Mr. Xie Xin, 43, currently serves as human resources, administrative, and security director of Beijing Financial Street Investment (Group) Co. Mr. Qi Liang, 56, chairs Mingshi Group Company Limited and the board of supervisors of the Zhongguancun Fintech Industry Development Alliance. Mr. Qi will receive a director's allowance of 150,000 yuan per year (tax inclusive).

The EGM to approve these changes is scheduled for Tuesday, November 25, 2025, in Beijing.