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Weihai Bank Gains Regulator Nod for New Non-Executive Director

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Weihai Bank Gains Regulator Nod for New Non-Executive Director

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Weihai City Commercial Bank Co., Ltd. Class H ( (HK:9677) ) just unveiled an announcement.

Weihai Bank Co., Ltd. has announced a change in its board composition following regulatory approval in mainland China. The Shandong office of the National Financial Regulatory Administration has cleared the qualification of Zhou Liang to serve as a non-executive director, effective 27 April 2026.

With Zhou Liang’s appointment now effective, former non-executive director Kang Jian has stepped down from the board and from all roles on its special committees. The reshuffle slightly rebalances the mix of executive, non-executive and independent non-executive directors, signaling ongoing board-level adjustments as the bank refines its governance and oversight structure following its Hong Kong listing.

More about Weihai City Commercial Bank Co., Ltd. Class H

Weihai Bank Co., Ltd. is a joint stock commercial bank incorporated in mainland China, focusing on providing banking and financial services within the People’s Republic of China. Its H-shares are listed in Hong Kong, though it is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority or permitted to conduct banking or deposit-taking business in Hong Kong.

Average Trading Volume: 39,621

Technical Sentiment Signal: Sell

Current Market Cap: HK$16.21B

See more data about 9677 stock on TipRanks’ Stock Analysis page.

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