Investment banking professionals are changing jobs frequently, and Wei Zhongwei, former Executive General Manager of China Merchants Securities' Investment Banking Committee, has made a legendary career move! His timing proved impeccable!
According to the IPO prospectus, Wei Zhongwei is male, born in April 1980. His career trajectory spans from serving as Asset Property Assistant at Shanghai Electric Asset Management Co., Ltd. (May 2006-June 2007) to Investment Banking Manager at BOC International (China) Co., Ltd. (August 2007-January 2009). He subsequently held positions as Vice President of M&A Financing Department at Haitong Securities Co., Ltd. (April 2009-March 2010), Senior Vice President of Investment Banking Committee at CITIC Securities Co., Ltd. (April 2010-August 2017), and General Manager of Investment Banking Headquarters & M&A Financing Headquarters at Bohai Securities Co., Ltd. (August 2017-December 2018). Later roles included Managing Director of Equity Financing Headquarters at Sealand Securities Co., Ltd. (January 2019-December 2019), Executive General Manager at Shenwan Hongyuan Securities承销保荐有限公司 (December 2019-March 2024), and Executive General Manager of Investment Banking Committee at China Merchants Securities Co., Ltd. (March 2024-September 2024). Since October 2024, he has served as the company's Financial Controller and Board Secretary.
As of December 2025, merely 14 months after Wei's transition from China Merchants Securities, his move appears strategically brilliant. With IPO markets experiencing downturns in recent years, including at China Merchants Securities' investment banking division, job-hopping became the optimal choice. This is evident from Wei's current position as Board Secretary—a senior executive role—with an annual salary of only 297,300 yuan, indicating his prioritization of career mobility over immediate compensation.
Demonstrating his investment banking acumen, Wei opted for equity compensation over cash. The IPO prospectus reveals he holds 108,000 shares, representing 0.03% of the company's total equity. While this percentage seems modest, the stock's impressive appreciation has propelled his holdings' value to 74.67 million yuan based on current market prices! This undoubtedly represents one of the most successful career moves, crowning him as the Snake Year's most enviable Board Secretary.
Currently, Wei's paper wealth remains subject to lock-up restrictions, requiring at least one year before gradual divestment of 25% annually becomes permissible. However, according to his commitment terms, shares would become transferable six months following potential resignation.
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