Just now, the Central Commission for Discipline Inspection reported that Li Geping, former deputy secretary of the party committee and general manager of China Securities Construction Investment Securities, was expelled from the party and public office.
After investigation, Li Geping lost his ideals and beliefs, deviated from his original aspiration and mission, lacked a sense of discipline and rules, violated the spirit of the eight central regulations, accepted gifts and consumption cards in violation of regulations, and accepted travel arrangements and banquets that might affect the fair performance of official duties; did not truthfully report relevant personal matters; held private equity funds in violation of regulations; "relied on finance to eat finance," took advantage of his position to seek benefits for others, and illegally accepted huge sums of money.
Li Geping resigned as general manager of China Securities Construction Investment on June 1 this year. The Chinese reporter of the brokerage company preliminarily learned from relevant channels that Li Geping joined China Securities Construction Investment in February 2018, and his main violations of discipline and suspected violations of law and crimes did not occur during his tenure at China Securities Securities. At present, the new general manager of China Securities Construction Investment may have been finalized.
Li Geping was "double-opened"
According to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission in CITIC Group and the Beijing Municipal Supervision Commission: With the approval of the Central Commission for Discipline Inspection and the State Supervision Commission, the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission in CITIC Group and the Beijing Municipal Supervision Commission conducted a disciplinary review and supervision investigation on Li Geping, former deputy secretary of the Party Committee and general manager of China Securities Co., Ltd., for serious violations of discipline and law.
After investigation, Li Geping lost his ideals and beliefs, deviated from his original aspiration and mission, lacked a sense of discipline and rules, violated the spirit of the eight central regulations, accepted gifts and consumption cards in violation of regulations, and accepted travel arrangements and banquets that might affect the fair performance of official duties; did not truthfully report relevant personal matters; held private equity funds in violation of regulations; "relied on finance to eat finance," took advantage of his position to seek benefits for others, and illegally accepted huge sums of money.
Li Geping seriously violated the spirit of the eight provisions of the Party Central Committee, organizational discipline and integrity discipline, constituted a serious violation of public office and was suspected of taking bribes, and he still did not restrain or stop after the 18th and even 19th National Congress of the Communist Party of China, which is serious in nature and has a bad impact, and should be seriously dealt with. In accordance with the "Regulations on Disciplinary Sanctions of the Communist Party of China", the "Supervision Law of the People's Republic of China", the "Law of the People's Republic of China on Governmental Sanctions for Public Employees" and other relevant provisions, the Party Committee of CITIC Group has studied and decided to expel Li Geping from the Party, and the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission in CITIC Group has studied and decided to expel Li Geping from government affairs and confiscate his disciplinary and illegal gains;
Brokerage China reporters initially learned that at present, the operation of China Securities Construction Investment is normal, and Li Geping's main violations of discipline and suspected violations of law and crimes did not occur during his tenure at China Securities Securities. At present, the appointment of the new general manager of China Securities Construction Investment is also progressing in an orderly manner.
According to public information, Li Geping was the deputy secretary of the Party Committee, executive director, general manager, member of the executive committee, and financial director of China Securities Construction Investment. Li Geping joined CSCI in February 2018 and has served as an executive director, general manager and member of the executive committee since April 2018, and as the head of finance since May 2018.
Prior to that, Li Geping also served as a teacher at Zhongnan University of Economics and Law (now Zhongnan University of Economics and Law), deputy secretary of the Party Committee, director and president of Changjiang Securities, secretary-general of the Securities Association of China, deputy director of the Securities and Fund Institutions Supervision Department of the China Securities Regulatory Commission, and director of the Securities Institution Management Department/Insurance Institution Management Department of Central Huijin Investment Co., Ltd.
He left his job abruptly in June this year
On the evening of June 1 this year, China Securities Construction Investment suddenly announced that Li Geping, the company's executive director, submitted a resignation report to the company's board of directors for personal reasons, applying for resignation from the company's executive director, member of the board of directors' development strategy committee, member of the board of directors' risk management committee, and the company's general manager, member of the executive committee, and financial director.
According to the announcement, Li Geping's resignation will not cause the number of members of the company's board of directors to fall below the legal minimum, and his resignation from the company's executive director and members of the special committee of the board of directors will take effect from June 1, 2023; The company's operation is normal, and Li Geping's resignation will not affect the normal operation of the board of directors and the daily operation of the company.
Brokerage China reporters noticed that the previous resignation announcement of some directors, supervisors and senior executives of China Securities Construction Investment would have a sentence similar to "the company's board of directors expresses its heartfelt thanks to XXX for his positive contributions to the company's development during his tenure". Li Geping's resignation announcement did not contain such a statement.
At that time, it was reported that Li Geping was taken away by the Commission for Discipline Inspection for investigation. Now the official announcement of the Central Commission for Discipline Inspection has confirmed the matter.
It is reported that Wang Changqing, chairman of China Securities Construction Investment, will turn 60 years old this year and will retire at the end of the year. At that time, there were rumors that Li Geping, the general manager at the time, would replace Wang Changqing as the chairman of China Securities Construction Investment. After that, Li Geping suddenly resigned, which surprised the outside world.
The new president may have been finalized
After Li Geping's resignation in June, the position of general manager of China Securities Construction Investment has been concurrently held by Chairman Wang Changqing. Brokerage China reporters learned that the new general manager of China Securities Construction Investment may have been finalized.
On October 25 this year, the reporter learned that China Securities Construction Investment issued a notice on Zou Yingguang's appointment. According to the notice, Zou Yingguang is a member of the party committee of China Securities Co., Ltd. The appointment was made by CITIC Group. On November 30, China Securities elected Zou Yingguang as the executive director of the second board of directors of the company. It is reported that Zou Yingguang may be the candidate for general manager of China Securities Construction Investment.
Judging from Zou Yingguang's professional resume, he first worked in China Securities Construction Investment for more than ten years, then went to CITIC Securities, and now returned to China Securities Construction Investment. It can be regarded as the return of the old man of China Securities Construction Investment. According to the data, Zou Yingguang, born in 1971, joined CITIC Securities in 2017 and has served as an executive member of CITIC Securities (formerly known as a member of the Executive Committee) since September 7, 2017.
Prior to joining CITIC Securities, Zou Yingguang worked for China Securities and Huaxia Securities, the predecessor of China Securities Securities, for more than 10 years, where he held various positions, including Manager of Institutional Account Department, Senior Business Director of Bond Business Department, Assistant General Manager of Bond Business Department, Administrative Head of Fixed Income Department, and Member of the Executive Committee of China Securities Haidian South Road Business Department.
It is understood that the CITIC Securities global FICC team established by Zou Yingguang has more than 500 people, and its business covers bonds, alternative fixed income products, commodities, foreign exchange and other business fields, which is the largest and most complete business variety among brokers. Fixed income business is also one of the important sources of profit for CITIC Securities.
Brokerage China reporters learned that when Zou Yingguang was previously the head of the fixed income business of CITIC Construction Investment, his ability was very outstanding, and the performance of the fixed income business once exceeded that of CITIC Securities, so CITIC Securities valued his excellent business ability in this field and poached him.
It is understood that Zou Yingguang received a bachelor's degree in clinical medicine from Capital Medical University in 1994 (after which he obtained a master's degree in finance and an EMBA degree from China Europe International Business School), so before entering the brokerage industry, he was a surgeon in Xuanwu Hospital of Capital Medical University.
Editor-in-charge: Lin Gen
Proofreading: Gao Yuan