At 62 years old, the former vice president of Dongguan Securities, Gao Zemin, has voluntarily surrendered himself to authorities, according to recent reports.

Gao, who previously oversaw the investment banking division at the brokerage firm, turned himself in without being formally summoned. The development was confirmed by a report from The Paper's journalist, Yao Rongyan.

His decision to cooperate with investigators marks a significant step in what appears to be an ongoing probe into the company's past operations under his leadership. No further details regarding the nature of the case have been disclosed at this time.