Bank of Chengdu appoints new chairman, vice chairman

Bank of Chengdu held a board meeting on September 22, 2025, approving significant leadership appointments. Mr. Huang Jianjun was elected chairman and Mr. Teoh Yih Min as vice chairman. Both appointments are pending approval from the State Council Banking Regulatory Authority and will be effective upon qualification. Mr. Huang will also join several board committees, including the Strategic Development Committee, while Mr. Teoh will serve on the Strategic Development, Risk Management, Compensation and Assessment, and Credit Approval Special Authorization Committees.

During the meeting, the board also resolved to abolish the Supervisory Board, revise the Articles of Association, and amend the Rules of Procedure for both the General Meeting of Shareholders and the Board of Directors, all subject to shareholder and regulatory approval. The board approved the third extraordinary general meeting of shareholders for 2025, with details to be determined by vice chairman and president Xu Dengyi.

These decisions were reinforced by the Second Extraordinary General Meeting of Shareholders for 2025, held on the same day, where 57.8728% of voting shares were represented. Shareholders formally elected Mr. Huang Jianjun and Mr. Teoh Yih Min as non-independent directors to the eighth Board of Directors, with overwhelming approval rates of 99.8990% and 99.9747%, respectively. The meeting also approved a related-party transaction with Sichuan JinCheng Consumer Finance Co., Ltd., which falls within the projected related-party transaction limit for 2025.