Huitong Financial Leasing Appoints First Female General Manager, He Yan Approved for Appointment

Shandong Business Daily Jinan News Recently, the official website of the Shandong Regulatory Bureau of the China Banking and Insurance Regulatory Commission announced the approval of the appointment of He Yan as the new General Manager of Shandong Huitong Financial Leasing Co., Ltd. (hereinafter referred to as “Huitong Financial Leasing”). According to the approval, He Yan must officially assume her position within three months from the date of approval and perform the duties of General Manager. The approval was signed on February 26, 2026.

The reporter’s review found that there is little public information about He Yan herself, and her career history closely overlaps with that of Huitong Financial Leasing. Previously, He Yan served as Deputy General Manager of Huitong Financial Leasing for five years. In May last year, Huitong Financial Leasing announced a personnel change; according to the resolution of the company’s 2025 Fourth Board of Directors meeting, He Yan ceased to serve as Deputy General Manager starting May 16, 2025.

According to previous administrative approvals, on July 10, 2019, the Shandong Banking and Insurance Regulatory Bureau approved He Yan to serve as Secretary of the Board of Directors and Chief Risk Officer of Huitong Financial Leasing; on April 27, 2020, the same bureau approved He Yan to serve as Deputy General Manager of Huitong Financial Leasing.

As previously reported by this newspaper, in December last year, Huitong Financial Leasing announced a senior management change; General Manager Jiang Xuesong resigned due to personal reasons, and Chairman Wang Maocang took over the duties of General Manager until the Board of Directors appointed a new General Manager and received regulatory approval.

Public information shows that on December 9, 2015, Huitong Financial Leasing obtained a financial license issued by the Shandong Regulatory Bureau of the China Banking Regulatory Commission. On the same day, the Shandong Banking Regulatory Bureau issued a “Approval for the Opening of Shandong Huitong Financial Leasing Co., Ltd.,” approving the company’s establishment. It became the first financial leasing company in Shandong Province and a nationwide non-bank financial institution.

As an important member under Inspur Group with a financial license, Huitong Financial Leasing’s headquarters is located in Jinan, Shandong Province. The legal representative is Wang Maocang, with a registered capital of 2.5 billion yuan. Its business scope includes financial leasing services, transfer of leasing assets, fixed-income securities investment, and other related activities. From the shareholder structure, Inspur Group is the controlling shareholder with 40% ownership; Shandong Airport Management Group and Shandong Publishing Group each hold 20%; Chengdu Transportation Investment Group and Chengdu Expressway Co., Ltd. together hold 20%.

Financial data shows that as of the end of December 2024, the company’s total assets were 40.593 billion yuan, total liabilities 34.98 billion yuan, owners’ equity 5.613 billion yuan, non-performing loan ratio 0%, capital adequacy ratio 15.26%, net operating income 1.022 billion yuan, total profit 1.021 billion yuan, and net profit 764 million yuan.

Additionally, the reporter noted that as the fourth General Manager of Huitong Financial Leasing, He Yan is the company’s first female General Manager since its establishment. The previous three were all male, namely Zuo Xinghua, Sun Jianjun, and the current Jiang Xuesong, who is also a director and chairman of Sina New Wave Group Financial Co., Ltd.

◎Shandong Business Daily·Shanhai News Reporter Zheng Xiaotong

Source: Shandong Business Daily·Shanhai News