Jiangxi Bank to abolish board of supervisors

Jiangxi Bank Co. Ltd. announced that the National Financial Regulatory Administration (NFRA) Jiangxi Bureau has approved amendments to its articles of association, effective November 21, 2025. This regulatory approval follows the shareholders' approval at the 2024 annual general meeting held on June 27, 2025. The changes mark a significant shift in the bank's governance structure.

Upon the effective date of the amended articles, the board of supervisors will be abolished. Its functions and powers, as stipulated by company law and regulatory systems, will now be performed by the audit committee of the board. Consequently, the rules of procedures of the board of supervisors and related regulations will be eliminated. Supervisors Luo Ping, Li Xunlei, and Wang Wei will cease their positions.

The full text of the amended articles of association is available on the websites of the Hong Kong Stock Exchange and Jiangxi Bank. The bank’s board of directors, as of November 24, 2025, includes executive, non-executive, and independent non-executive directors.