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Xing Huaizhu, compliance director of Huaxi Securities, was fined shortly before the company was penalized to 810,000 yuan last year

Operator Finance Network Intern Han Qing / Text

Recently, Huaxi Securities appointed Xing Huaizhu, the compliance director, to act as the chief information officer, and the operator's financial network paid attention to him and tried to sort out his past experience.

Xing Huaizhu, compliance director of Huaxi Securities, was fined shortly before the company was penalized to 810,000 yuan last year

According to the public profile, Xing Huaizhu was born in August 1970, is 54 years old this year, and has a postgraduate degree.

From July 1992 to July 1994, he worked as an assistant procurator at the Emeishan City Procuratorate in Sichuan Province, which is supposed to be the time he graduated from his bachelor's degree, and it is assumed that he was probably a part-time graduate student.

In 1997, Xing Huaizhu entered the securities regulatory department and served as the section chief of the Listing and Issuance Department of the Sichuan Provincial Securities Regulatory Office. Two years later, he joined the Chengdu Securities Management Office of the China Securities Regulatory Commission as the chief staff member of the listing department.

Since then, he has steadily risen through the ranks, first becoming the head of the Futures Division in July 2003 and then the deputy director of the Futures Regulatory Division. Later, he served as the deputy director of the Futures Supervision Division (presiding over the work) of the Sichuan Supervision Bureau; In 2005, he moved to the Office of Corporate Oversight and within a few years, his position rose to the level of Director of the Division of Agency.

It is reported that he also worked in the system for several months.

At the end of 2012, Xing Huaizhu came to Huaxi Securities and proposed to be the company's compliance officer, and officially took office on December 20; In July 2014, Huaxi Securities completed the shareholding reform, and he also served as the chief risk officer of Huaxi Securities, and two years later became the compliance director.

At the end of last year, there were major changes in the senior management of Huaxi Securities, among which Xing Huaizhu was appointed deputy general manager of the company and still served as the compliance director.

Not long ago, on June 28, Zu Qiang, the former chief information officer of Huaxi Securities, retired, and the company appointed Xing Huaizhu to perform his duties on his behalf. However, from his resume, it can be seen that he is not very professional in technology, but he has a lot of regulatory experience.

The annual report disclosed that Xing Huaizhu's highest salary in the past five years was 2.734 million yuan in 2019, and last year's annual salary dropped to 816,900 yuan, a total decrease of 1.9171 million yuan.

Xing Huaizhu, compliance director of Huaxi Securities, was fined shortly before the company was penalized to 810,000 yuan last year

Huaxi Securities' first quarterly report disclosed that the company's revenue and profit during the reporting period decreased by 42.55% and 68.6% year-on-year respectively.

It is worth mentioning that in May this year, Huaxi Securities failed to be diligent in its due diligence during the implementation of a sponsorship project, and there were false records in the sponsorship letter for the issuance of shares to specific targets; In the process of performing the duties of continuous supervision, they failed to be diligent and conscientious, the on-site inspection work was not implemented in place, and there were false records in the continuous supervision follow-up report and inspection report issued during the continuous supervision period. The company and its related personnel have been punished by the Shenzhen Stock Exchange and the Jiangsu Securities Regulatory Bureau.

Xing Huaizhu, compliance director of Huaxi Securities, was fined shortly before the company was penalized to 810,000 yuan last year

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