Operator Finance Network Ding Qingyan text.
On January 25, the ** Industry Association announced the top 20 list of the average monthly scale of private asset management of securities firms in the fourth quarter of 2023. Compared with the third quarter, the total size of the top 20 in the fourth quarter has declined, and is currently 393 trillion yuan, has fallen below 4 trillion yuan. In addition, Huafu ** with 5530.3 billion yuan of private equity asset management average monthly scale, becoming the top 20 new brokers.
The operator's financial network noticed that the vice president of Huafu ** is Chen Wenqi, who is also the chairman of Huafu **, responsible for the company's asset management business, and he was also issued a warning letter for asset management business violations.
Chen Wenqi is a Ph.D. student in economics, but did not disclose the specific university he graduated from and his major. Prior to joining Huafu**, he had worked in a number of banks, including Deputy General Manager of the Private Banking Department of Bank of China Fujian Branch, Deputy General Manager of the Private Banking Department of the Head Office of Industrial Bank, and Deputy General Manager of the Retail Credit Department of the Head Office of Industrial Bank.
Chen Wenqi is currently the vice president of Huafu ** Co., Ltd. and the chairman of Huafu ** Management Co., Ltd. It is worth mentioning that when he was in charge of the company's asset management business as the vice president of Huafu**, he was issued a warning letter for violating regulations.
On December 8, 2021, after an investigation by the Fujian Securities Regulatory Bureau, Huafu ** Co., Ltd. failed to strictly abide by the rules of prudent operation in the process of carrying out asset management business, some asset management products did not comply with regulations, failed to perform information disclosure obligations as agreed in the contract, and failed to perform the duties of the manager.
After being warned, Chen Wenqi should have strengthened relevant management. Nowadays, Huafu's asset management business is developing rapidly, and on the one hand, the company relies on 5530.3 billion yuan of private equity asset management average monthly scale, becoming the top 20 new private equity asset management scale in the fourth quarter of 2023; On the other hand, the establishment of Huafu ** asset management subsidiary is also in full swing, and in December 2023, the China Securities Regulatory Commission officially approved the establishment of Huafu ** Huafu Asset Management.