Guolian Securities overhauls governance, appoints new leadership

Guolian Securities announced the poll results of its Third Extraordinary General Meeting (EGM) held on December 15, 2025, where shareholders approved amendments to the Articles of Association and the abolishment of the Supervisory Committee. The EGM also saw the election of directors and chairman for the sixth session of the Board, with Gu Wei appointed as chairman and Ge Xiaobo as the executive director and chief executive officer.

Additionally, the company formed new special committees under the Board, including Risk Control, Audit, Remuneration and Nomination, and Strategy and ESG Committees. These changes reflect a significant restructuring of the company's governance framework.

In a separate but related announcement, Guolian Securities confirmed the termination of a connected transaction involving the joint establishment of the Wuxi Guolian Tongzhi Technology Industry Investment Partnership (Limited Partnership), a fund with a size of RMB1.22 billion. The fund had not been formally established and no capital contributions were made, resulting in no adverse financial impact on the company.