Orient Securities chairman Gong Dexiong resigns, Lu Weiming named interim replacement

Mr. Gong Dexiong has resigned as chairman of the board, executive director, legal representative, and authorized representative for the Hong Kong Stock Exchange, effective December 8, 2025. The resignation, attributed to "work adjustment," also includes his roles as chairman of the Strategy and Sustainable Development Committee and a member of the Remuneration and Nomination Committee. Mr. Gong confirmed no disagreement with the company or the board regarding his departure.

The board stated that Mr. Gong Dexiong's resignation will not impact the legally required minimum quorum of board members or the normal operations of the board. Prior to the appointment of a new chairman, Mr. Lu Weiming, vice chairman of Orient Securities, will assume the duties of chairman, legal representative, and authorized representative for the Hong Kong Stock Exchange.

Mr. Gong Dexiong served as secretary of the CPC Party Committee, executive director, and chairman of the board since September 2023. During his tenure, he guided the company's strategic development, including the "three-step" medium and long-term roadmap and the 2025-2027 strategic plan, focusing on building a modern investment bank with domestic and international influence.