S&P China executive changes, non-rating business leader Guo Zhenwei appointed as CEO.

Standard & Poor's Rating Services announced that due to the needs of business development, the company's board of directors, senior management, and legal representative will be changed in the near future. Starting from July 1, 2025, former CEO Huang Zhisheng will be appointed as the chairman of the company, and Guo Zhenwei will take over as CEO. Guo Zhenwei previously served as the head of Standard & Poor's Market Intelligence business in China. The Capital IQ database led by him is the second largest financial data terminal in the global market share. The shift of Standard & Poor's Credit Ratings business in China to non-rating services highlights the trend of technology business becoming a new growth point in the ratings industry.