Zhejiang Merchants Securities: Completed the registration of the change of legal representative, Qian Wenhai took over the position.

Zhejiang Merchants Securities announced that on October 24, 2025, the company held a board meeting and elected Qian Wenhai as the chairman and legal representative. Starting from the date of the 2025 third extraordinary shareholders' meeting, Qian Wenhai formally took office, concurrently serving as the company's president and acting chief financial officer. Recently, the company completed the registration procedures for changing the legal representative and obtained a new Business License, with Qian Wenhai now being the legal representative, and all other registration details remaining unchanged.