Luzhou Bank Proposes New Independent Director

Luzhou Bank Co., Ltd. Class H (HK:1983) has released an update.

Luzhou Bank Co., Ltd. announces the proposal to appoint Mr. FAN Jingdong as an independent non-executive Director, pending approval at the 2024 first extraordinary general meeting. With extensive experience in the banking sector and confirmation of his independence according to Listing Rules, Mr. FAN’s appointment is subject to regulatory approval. His remuneration is set at HK$350,000 per year plus attendance subsidies, underlining the bank’s compliance with legal and regulatory standards.

For further insights into HK:1983 stock, check out TipRanks’ Stock Analysis page.