Bank of Qingdao Co., Ltd. Class H (HK:3866) has released an update.
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Bank of Qingdao Co., Ltd. has announced the composition of its board of directors, including both executive and non-executive members, with JING Zailun serving as the Chairman. The board consists of diverse members and has established seven committees, each tasked with different areas of oversight, such as strategy, risk management, audit, and information technology. The company, while based in the PRC, is not supervised by the Hong Kong Monetary Authority and is not authorized to conduct banking in Hong Kong.
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