Bank of Hangzhou Co LtdRegulatory approval of executive appointment, no direct impact on operations or financials.

The Zhejiang Bureau of the National Financial Regulatory Administration has approved Zhang Jingke's qualifications to serve as a director and vice chairman of Bank of Hangzhou. Zhang was previously approved as president of Bank of Hangzhou in February this year, meaning all three major appointments for the year have now been finalized. Born in August 1978, Zhang has served as vice president of the bank's technology sub-branch, president of its cultural and creative sub-branch, general manager of the asset management department, general manager of the technology, cultural and creative finance division, general manager of the human resources department, deputy party secretary, and vice president. Bank of Hangzhou was founded in 1996 and listed on the Shanghai Stock Exchange in 2016. By the end of 2025, its total assets exceeded 2.3 trillion yuan, with a non-performing loan ratio of 0.76 percent. In the first quarter of 2026, it achieved operating revenue of 10.406 billion yuan and net profit attributable to shareholders of 6.629 billion yuan.
Bank of Hangzhou Co LtdRegulatory approval of executive appointment, no direct impact on operations or financials.