AGRICULTURAL BANK OF CHINA(SH:601288) Xin Lang Cai Jing·2025-10-20 10:53Core Points - Former president of Shandong University of Science and Technology, Zeng Qingtian, has been appointed as the president of Agricultural Bank of China’s subsidiary, Nongyin Financial Technology Co., Ltd. (Nongyin Jin Ke) [1][5] - The appointment follows the announcement of Zeng's removal from his position at the university by the Shandong Provincial Government [2] Company Overview - Nongyin Jin Ke, established in July 2020 with a registered capital of 600 million yuan, is a wholly-owned subsidiary of Agricultural Bank of China, located in Tongzhou District, Beijing [3] - The company focuses on providing information technology services, technology output, and innovative technology research to both internal and external clients of the Agricultural Bank Group [3][4] - Nongyin Jin Ke is part of the Agricultural Bank's technology governance structure, which includes "one bureau, two centers, and one company," and aims to become a leading digital ecological financial technology company [4] Financial Insights - In 2024, Agricultural Bank of China plans to invest a total of 24.97 billion yuan in information technology, which will account for 3.51% of the bank's total operating income [4] - As of the end of 2024, the number of personnel engaged in technology and digital management at the bank is expected to reach 27,561, representing 6.1% of the total workforce [4]