Dongfang Securities Party Secretary and Chairman Gong Dexiong will take up a new position, and is expected to be nominated as the head of the management team of state-owned enterprises in Shanghai.

The Party Secretary and Chairman of Dongfang Securities, Gong Dexiong, will take on new responsibilities. According to information released by Shanghai, Gong Dexiong, current Party Secretary and Chairman of Dongfang Securities, is nominated to serve as a principal of a municipal state-owned enterprise management team.