China Zheshang Bank nominates Lyu Linhua as new director and president

China Zheshang Bank Co., Ltd. has announced the nomination of Lyu Linhua as a director and president. This follows a decision by the Zhejiang Provincial Committee of the Communist Party of China. Lyu has also been appointed as a member and deputy secretary of the Party Committee of the company. Concurrently, it has been proposed that Chen Haiqiang will no longer serve as president.

The company's board of directors is set to finalize these leadership transitions promptly, adhering to statutory procedures. As of December 23, 2025, the executive directors include Chen Haiqiang and Ma Hong. The non-executive directors are Hou Xingchuan, Ren Zhixiang, Hu Tiangao, and Ying Yuxiang.

Independent non-executive directors currently serving the bank are Wang Wei, Xu Yongbin, Fu Tingmei, Shi Hao, and Lou Weizhong. The announcement indicates a significant shift in the bank's top management.