Zhongyuan Bank Reshapes Governance as Henan Regulator Approves New Articles

Zhongyuan Bank Co., Ltd. Class H ( (HK:1216) ) has provided an update.

Zhongyuan Bank Co., Ltd. has secured regulatory approval from the Henan Office of the National Financial Regulatory Administration for amendments to its Articles of Association, which took effect on 5 January 2026. As a result of these changes, the bank has formally dissolved its Board of Supervisors, transferring the former supervisory functions required under PRC company and financial regulations to the Audit Committee of the Board, abolishing all special committees under the Board of Supervisors, and repealing related corporate governance systems. All members of the Board of Supervisors have stepped down without disagreement, and the move marks a significant restructuring of the bank’s governance framework that aligns oversight responsibilities more closely with the board’s audit function, with potential implications for how the bank manages internal control, risk supervision, and regulatory compliance going forward.

The most recent analyst rating on (HK:1216) stock is a Hold with a HK$0.32 price target. To see the full list of analyst forecasts on Zhongyuan Bank Co., Ltd. Class H stock, see the HK:1216 Stock Forecast page.

More about Zhongyuan Bank Co., Ltd. Class H

Zhongyuan Bank Co., Ltd. is a joint stock limited liability bank incorporated in the People’s Republic of China and listed in Hong Kong under stock code 1216. The bank is not an authorized institution under the Hong Kong 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 operational and regulatory focus remains within mainland China, particularly Henan province.

Average Trading Volume: 1,491,663

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.06B

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