Zhejiang Merchant Securities officially became a major shareholder of Guodu Securities. Qian Wenhai was appointed chairman of the board.

GuoDu Securities has officially become the largest shareholder of Zheshang Securities, and the shareholders' meeting of the company will carry out a new board of directors. Through this board of directors change, GuoDu Securities has changed from having no controlling shareholder to being controlled by Zheshang Securities. The controlling shareholder of Zheshang Securities, JianTou Group, has also become the controlling shareholder of GuoDu Securities. The 6 director nominees, 2 independent directors, and 2 shareholder supervisors nominated by Zheshang Securities were all elected. The new board of directors held a meeting and unanimously elected Qian Wenhai as the chairman of GuoDu Securities. Qian Wenhai currently serves as the president and party secretary of Zheshang Securities.