Guosen Securities announces board restructuring with new appointments

Guosen Securities Co., Ltd. (SZSE:002736) has announced significant changes to its board of directors, effective January 1, 2025. Liu Xiaola and Zhang Rui have departed, while Hu Hao, Li Ming, Yi Longxin, and Zhang Shouwen have been appointed to the board. This change means one-third of the company's directors will be new.

Liu Xiaola resigned as a director and committee member of the fifth board, effective July 10, 2025. Zhang Rui's independent director duties were terminated on July 28, 2025, following a shareholder meeting due to her repeated absence from board meetings. Hu Hao and Yi Longxin were elected as non-independent and independent directors, respectively, with terms beginning July 28, 2025, until the expiration of the fifth board's tenure.

Furthermore, Li Ming was elected as an employee director by the employee representative congress, with his term commencing September 15, 2025. Zhang Shouwen was also appointed as an independent director, with his term beginning September 15, 2025, and lasting until the expiration of the fifth board's tenure. These changes are not expected to negatively impact Guosen Securities' governance, operations, or solvency.