Chairman Huo of China Merchants Securities (600999.SH) is acting as the President.

Zhitong Finance APP News, China Merchants Securities (600999.SH) announced that the company's president, director, member of the Board of Directors' Strategic and Sustainable Development Committee, and member of the Board of Directors' Risk Management Committee, Wu Zongmin, has reached retirement age and will retire. Wu Zongmin has completed the work handover according to the company's relevant regulations, and his departure will not result in the number of Board of Directors falling below the statutory requirement. The company will promptly complete the selection and appointment of new directors, president, and authorized representatives in accordance with relevant regulations. During the vacancy of the president, the duties of the president will be temporarily performed by the Chairman of the Board of Directors, Huo Da.