Chongqing Rural Commercial Bank(SH:601077) Mei Ri Jing Ji Xin Wen·2025-04-17 04:49Core Viewpoint - The Chongqing Rural Commercial Bank has appointed Liu Xiaojun as the new chairman, following the departure of the previous chairman due to a job transfer. This leadership change is expected to continue the bank's growth trajectory in terms of both scale and profitability. Group 1: Leadership Change - Liu Xiaojun has been nominated as the executive director candidate and elected as the chairman of Chongqing Rural Commercial Bank, pending approval from the shareholders' meeting and regulatory authorities [1][2] - Liu Xiaojun, born in December 1976, has a background in various financial institutions, including China Construction Bank and CITIC Trust, and was previously the chairman of Chongqing Development Investment Company [2][3] Group 2: Financial Performance - As of the end of Q1 2025, Chongqing Rural Commercial Bank's total assets exceeded 1.6 trillion yuan, reaching 16,103.30 billion yuan, with a year-to-date increase of 953.88 billion yuan, representing a growth rate of 6.30% [5][6] - For Q1 2025, the bank reported an operating income of 72.24 billion yuan, a year-on-year increase of 1.35%, and a net profit attributable to shareholders of 37.45 billion yuan, up 6.27% year-on-year [6][7] - The bank's non-performing loan ratio stood at 1.17%, a slight decrease of 0.01 percentage points from the beginning of the year, while the provision coverage ratio remained stable at 363.30% [6][7] Group 3: Historical Context - The previous chairman, Xie Wenhui, resigned in October 2024 due to a job transfer, and until Liu Xiaojun's qualifications are approved, the current executive director and president, Sui Jun, will act as the chairman [4]