Changyong Geng
Independent Director
Mr. Geng Changyong holds a Bachelor's degree in International Finance from Shenzhen University and an Executive MBA from Xiamen University. Since April 2024, he has been serving as the Managing Director of China Everbright International Securities Limited. Additionally, since May 2022, he has been the Legal Representative and Chairman of Hainan Yunhui Private Fund Management Co., Ltd., a subsidiary of China Everbright International Securities.
Prior to these roles, Mr. Geng accumulated 28 years of experience in the financial industry, with 23 years in senior management positions. His career includes significant roles at various financial institutions:
Industrial and Commercial Bank of China (ICBC), Shenzhen Branch: He served as Deputy General Manager of the Offshore Business Department and the Non-Performing Loan Disposal Center, and as Deputy Director of the Shenzhen Bay Sub-branch, all at the deputy division level.
Guomin Trust Co., Ltd.: From 2005 to 2009, Mr. Geng was the Executive Deputy General Manager. During his tenure, he led the development of a series of financial products, assisted the General Manager in market opportunity analysis, project research, and feasibility studies. Notably, he spearheaded innovative businesses such as asset securitization, equity investment trusts, and public welfare trusts. He developed products like the "Licaibao" equity investment series and the "Chuangyibao" cultural industry investment fund. His "Guomin Wenlibao No.1" product received the "Best Trust Product" award in the second "Xincheng Trust" evaluation. In 2008, he achieved a trust scale of over 2 billion yuan, with equity projects accounting for 14%.
China Credit Trust Co., Ltd.: In November 2009, as Assistant to the President and a reserve cadre, Mr. Geng was assigned to Shenzhen to establish the Shenzhen Business Headquarters from scratch. In the first year (2010), he led the headquarters to a profit exceeding 10 million yuan. Over a decade, the business expanded across South China, Southwest China, and the southeastern coastal regions, with cumulative trust business transactions totaling 125.666 billion yuan. The trust assets under management grew from zero to a peak balance of 22.194 billion yuan, generating over 500 million yuan in revenue for China Credit Trust. The trust projects he managed included equity, securities, and asset securitization categories.
In May 2022, after joining Hainan Yunhui Private Fund, Mr. Geng independently completed the company's structural setup, established regulations, built a team, and obtained the qualification as a private fund manager within the same year, along with QFLP (Qualified Foreign Limited Partner) business qualifications. By October 2024, he assisted the company in meeting the basic requirements for conducting QDLP (Qualified Domestic Limited Partner) business.
Upon joining China Everbright International Securities in April 2024, Mr. Geng achieved significant profitability in three business sectors: proprietary investment, asset management, and securities underwriting. His leadership reversed three consecutive years of losses, leading the company to a profit of several million Hong Kong dollars in that year.
