Zheshang Bank chairman resigns, acting chairman appointed

Zheshang Bank announced that its chairman, Lu Jianqiang, has resigned due to reaching retirement age, with his resignation effective immediately. The bank's board of directors has appointed Chen Haiqiang, the bank's president, to act as chairman and fulfill other related duties until a new chairman is appointed and approved.

Lu Jianqiang's resignation does not impact the board's minimum member count or operational continuity. He has fulfilled all handover procedures and committed to his previous promise of increasing his personal holdings in the company.

The company expressed gratitude for Lu Jianqiang's contributions during his tenure, highlighting improvements in corporate governance, strategy, risk management, and service to the real economy.