Zheshang Bank names Chen Haiqiang as new chairman

Zheshang Bank Co., Ltd. announced that its Seventh Board of Directors held an extraordinary meeting on December 5, 2025, electing Chen Haiqiang as the new chairman of the Seventh Board of Directors. The resolution passed unanimously with 11 votes in favor from the 11 directors present. Chen’s term will align with the current board's tenure, with his appointment subject to approval by the National Financial Regulatory Administration.

Chen, born in October 1974, currently serves as the bank's party secretary, executive director, and president. He holds a master's degree and is a senior economist. His prior roles include positions at China Development Bank, China Merchants Bank, and various leadership capacities within Zheshang Bank, such as president assistant, executive vice president, chief risk officer, and deputy party secretary. He also holds the position of executive vice president of the Zhejiang Provincial International Chamber of Commerce.

As of the announcement date, Chen holds 754,000 A-share stocks of Zheshang Bank. The bank confirmed that he has no related party relationships with the bank's directors, supervisors, senior management, or other shareholders holding over 5% of the shares. He has not been subject to any penalties or disciplinary actions from regulatory bodies or stock exchanges and meets all eligibility requirements for his new role.