China Merchants Securities adjusts board committee roles after retirement

China Merchants Securities Co., Ltd. has announced adjustments to its Board committees after the retirement of Liu Hui, who served as a non-executive director and held roles on several committees. The changes were resolved at a Board meeting on December 22, 2025.

Li Delin has been appointed as a member of both the Strategy and Sustainability Committee and the Remuneration and Appraisal Committee, in addition to becoming the new chairman of the Risk Management Committee. Ma Xiaoli has also been appointed as a member of the Risk Management Committee. The composition of other Board committees remains unchanged.

Following these changes, the Strategy and Sustainability Committee is chaired by Huo Da, with members including Zhu Jiangtao, Liu Zhenhua, Li Delin, Zhang Mingwen, Ding Lusha, and Chen Xin. The Risk Management Committee is now chaired by Li Delin, with members Zhu Jiangtao, Luo Li, Zhang Mingwen, Ding Lusha, Ma Xiaoli, and Chen Xin. The Remuneration and Appraisal Committee is chaired by Chen Xin, with members Li Delin, Li Xiaofei, Yip Ying Chi Benjamin, and Feng Jinhua.