Zheshang Securities names new chairman, launches financing pilot program

Zheshang Securities Co., Ltd. has received approval from the Shenzhen Stock Exchange to pilot an equity incentive exercise financing business for listed companies, as detailed in an announcement dated October 25, 2025. This initiative underscores the company's commitment to enhancing risk management and operational controls.

Concurrently, the company will hold its third extraordinary general meeting on November 10, 2025, to address crucial governance matters. These include the election of Qian Wenhai as chairman and legal representative, following the retirement of Wu Chenggen. Qian, born in March 1975, holds a master's degree and brings extensive financial experience, currently serving as president and party secretary.

Shareholders will also vote on a mid-year adjustment to the 2025 external donation plan, which proposes an increase in total donations to not exceed 1,290 yuan, reflecting a 95 yuan increase from the initial plan. This adjustment includes a 130 yuan increase for public welfare and a 165 yuan increase for relief donations.