Zheshang Bank's supervisor chairman resigns due to work reassignment

Zheshang Bank Co., Ltd. announced today, December 24, 2025, that Guo Dingfang has resigned from his positions as chairman of the Seventh Supervisory Board, employee supervisor, and member of the Supervisory Board Nomination Committee. His resignation is effective upon the delivery of his resignation report and is attributed to a work reassignment. His original term was set to expire on August 8, 2027.

The company confirmed that Guo has no disagreements with Zheshang Bank's Supervisory Board regarding his resignation. During his tenure, Guo was praised for his diligent service, strengthening party leadership, integrating corporate governance, and implementing performance evaluations for directors, supervisors, and senior management. He also contributed to establishing the bank's comprehensive supervision system and improving efficiency.

Zheshang Bank's Supervisory Board extended its sincere gratitude to Guo Dingfang for his contributions to the company during his time in office. The announcement does not indicate that Guo will continue to serve in the company or its controlled subsidiaries.