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Chongqing Rural Commercial Bank Announces Resignation of Non-Executive Director Peng Yulong

Story Highlights
  • Chongqing Rural Commercial Bank’s non-executive director Peng Yulong resigned from the board and committees effective 23 January 2026.
  • The bank reported no disagreements linked to Peng’s departure and confirmed its board line-up, signalling a routine governance transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chongqing Rural Commercial Bank Announces Resignation of Non-Executive Director Peng Yulong

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Chongqing Rural Commercial Bank Co ( (HK:3618) ) just unveiled an update.

Chongqing Rural Commercial Bank Co., Ltd. announced that non-executive director Peng Yulong has resigned from the board and from his roles on the nomination committee and the consumer rights protection committee, effective 23 January 2026, citing personal work arrangements. The bank stated that Peng has no disagreement with the board and that there are no issues related to his departure requiring shareholder or exchange attention, while the board expressed gratitude for his service and confirmed the current composition of executive, non-executive, and independent non-executive directors, indicating an orderly governance transition with limited immediate operational impact.

The most recent analyst rating on (HK:3618) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on Chongqing Rural Commercial Bank Co stock, see the HK:3618 Stock Forecast page.

More about Chongqing Rural Commercial Bank Co

Chongqing Rural Commercial Bank Co., Ltd. is a PRC-incorporated joint stock commercial bank holding a mainland Chinese banking licence and a corporate business licence issued in Chongqing. The bank is not an authorised institution under Hong Kong’s Banking Ordinance, is not supervised by the Hong Kong Monetary Authority, and is not permitted to conduct banking or deposit-taking business in Hong Kong, though its shares are listed on the Hong Kong Stock Exchange.

Average Trading Volume: 9,954,089

Technical Sentiment Signal: Buy

Current Market Cap: HK$76.78B

For an in-depth examination of 3618 stock, go to TipRanks’ Overview page.

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