Zhangjiagang Bank announces 2025 profit plan, new assistant to the president

Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 12, 2025, approving several key proposals. Shareholders overwhelmingly passed the 2025 interim profit distribution plan with 99.7943% approval. Resolutions regarding the amendment of the company’s articles of association, rules of procedure for the general meeting, and rules of procedure for the board of directors, as well as the revision of the related party transaction management measures, were also approved.

In a related development, the bank's eighth board of directors convened its eleventh meeting on September 12, 2025. During this meeting, the board unanimously approved the appointment of Mr. Yang Chao as assistant to the president. Mr. Yang, born in October 1973, holds a bachelor's degree and has a long history with the bank, having served in various managerial capacities, including general manager of the retail business department and head of several branches.

The board also passed resolutions to revise the major event internal reporting system and the working rules for the board of directors' strategic development committee. These decisions reflect the bank's ongoing efforts to enhance corporate governance and strategic oversight.