On June 12, Shanghai GTHT Securities Asset Management Co., Ltd. announced a key personnel appointment, formally naming Ye Ming as the company's President and Chief Financial Officer. Consequently, Tao Geng, the company's Party Committee Secretary and Chairman, will no longer serve as the concurrent President.

According to his public resume, Ye Ming was a founding core member of the original Guotai Junan Asset Management. He participated in the establishment of the original Guotai Junan Asset Management as early as 2010 and served as Vice President starting from 2013. During his tenure, he oversaw multiple critical functions including operations, risk control, finance, board secretary duties, compliance, information technology, and marketing. He concurrently held several key positions such as Chief Operating Officer, Chief Risk Officer, Chief Compliance Officer, Chief Information Officer, and Chief Marketing Officer, accumulating deep industry experience. In 2025, Ye Ming also assumed the role of Deputy General Manager at Haitong Asset Management, overseeing its daily operations. His long-standing presence on the front lines of the asset management industry has equipped him with comprehensive professional management capabilities.

Following this personnel adjustment, GTHT Asset Management has established a new management structure: Chairman Tao Geng excels in top-level strategic planning and investment research system development, while President Ye Ming focuses on professional operational management. Having worked together for many years with strong synergy, they have built an efficient management model of "strategic steering + professional operation," laying a solid organizational foundation for the company's long-term development.

Examining the Integration Journey

Looking back at its development, GTHT Asset Management stands as a benchmark case for securities firm asset management integration within the industry. In July 2025, Guotai Junan Asset Management and Haitong Asset Management initiated their merger, successfully completing the absorption and merger transaction by the end of April 2026, marking the first case of its kind in China's securities asset management sector. By the end of 2025, the combined assets under management (AUM) of the two institutions reached 750.7 billion yuan, with annual revenue exceeding 2.3 billion yuan, positioning the firm at the top of the securities asset management industry in terms of comprehensive strength.

Post-Merger Momentum

Since the integration was completed, the company's growth momentum has continued to strengthen. This year, GTHT Asset Management has seen its AUM increase by another hundred billion yuan, fully demonstrating the synergistic "1+1>2" effect of the merger.

Strategic Direction Forward

Regarding future development, GTHT Asset Management has clearly stated its commitment to a dual-engine development strategy driven by both public and private funds. Leveraging the full industrial chain resource advantages of its parent, Guotai Haitong Securities Co., Ltd., the company aims to fully build a comprehensive asset management platform across all product categories, steadily progressing towards its development goal of "building a respected wealth management institution."