Dongguan Rural Commercial Bank Overhauls Governance, Dissolves Supervisory Board and Appoints New INEDs

The latest update is out from Dongguan Rural Commercial Bank Co Ltd Class H ( (HK:9889) ).

Dongguan Rural Commercial Bank Co., Ltd. announced that its 2026 first extraordinary general meeting, alongside separate domestic and H share class meetings held on 8 January 2026 in Dongguan, successfully passed all proposed resolutions by poll, with shareholders representing about 29.57% of total issued shares in attendance. The resolutions included dissolving the Bank’s Board of Supervisors, amending the working rules for independent directors and the remuneration system for directors and supervisors, and appointing Mr. Chan Kwok Fung, Dennis and Mr. Li Yanwen as independent non-executive directors to the fifth session of the Board, signaling a significant reshaping of the Bank’s governance structure and potentially strengthening its oversight and board independence for stakeholders.

The most recent analyst rating on (HK:9889) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Dongguan Rural Commercial Bank Co Ltd Class H stock, see the HK:9889 Stock Forecast page.

More about Dongguan Rural Commercial Bank Co Ltd Class H

Dongguan Rural Commercial Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China, primarily engaged in providing banking and financial services. Its shares comprise both domestic shares and H shares listed in Hong Kong, with a focus on serving customers in Dongguan City and the broader Guangdong region, though it is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority.

Average Trading Volume: 214,537

Technical Sentiment Signal: Sell

Current Market Cap: HK$23.83B

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