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Yibin City Commercial Bank Co., Ltd. Class H ( (HK:2596) ) has shared an announcement.
Yibin City Commercial Bank has received regulatory approval from the National Financial Regulatory Administration Sichuan Office for amendments to its Articles of Association, which took effect on January 4, 2026. As a result of these changes, the bank has formally abolished its Board of Supervisors along with its supervision and nomination committees, repealed related corporate governance rules, and confirmed that all former supervisors have no disagreements with the bank and no further issues requiring shareholder attention, signaling a significant restructuring of its oversight framework and governance structure.
The most recent analyst rating on (HK:2596) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Yibin City Commercial Bank Co., Ltd. Class H stock, see the HK:2596 Stock Forecast page.
More about Yibin City Commercial Bank Co., Ltd. Class H
Yibin City Commercial Bank Co., Ltd. is a regional commercial bank incorporated in the People’s Republic of China and listed in Hong Kong as a Class H share issuer. It operates under PRC financial regulation but is not an authorized 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, indicating its primary business focus remains within mainland China markets.
Average Trading Volume: 12,572
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.02B
For a thorough assessment of 2596 stock, go to TipRanks’ Stock Analysis page.