SPD Bank appoints Xie Wei as new vice chairman

Shanghai Pudong Development Bank Co., Ltd. has received official approval for the appointment of its new vice chairman. The National Financial Regulatory Administration issued the "Reply on the Qualification of Xie Wei as Director and Vice Chairman of Pudong Development Bank" (Jin Fu (2025) No. 679), officially approving Mr. Xie Wei's qualifications as a director and vice chairman of the company.

According to relevant regulations, Mr. Xie Wei will assume the roles of director and vice chairman of the company starting from November 26, 2025. This announcement was made by the board of directors of Shanghai Pudong Development Bank Co., Ltd. on November 27, 2025. The company's board of directors and all directors guarantee that the content of this announcement is free from any false records, misleading statements, or major omissions, and assume joint liability for the authenticity, accuracy, and completeness of its content.