Changshu Bank(SH:601128) Guan Cha Zhe Wang·2025-11-13 15:28Core Viewpoint - Jiangsu Changshu Rural Commercial Bank announced the resignation of its Executive Director and President, Bao Jian, effective November 13, 2025, and appointed Lu Dingchang as the new President and Executive Director [1][2] Group 1: Leadership Changes - Bao Jian submitted his resignation due to work changes and will no longer hold any position in the bank after his departure [1] - Lu Dingchang, who has been with the bank since its inception, has been appointed as the new President and Chief Compliance Officer, pending approval from the local financial regulatory authority [1][2] - Lu Dingchang is expected to become the youngest president of an A-share listed bank, following the recent trend of younger leadership in the banking sector [2] Group 2: Company Performance - For the first three quarters of 2025, the bank reported a revenue of 9.052 billion yuan, an increase of 8.15% year-on-year, and a net profit of 3.357 billion yuan, up 12.82%, maintaining a leading growth rate among 42 listed banks [3][4] - As of September 30, 2025, the bank's total assets reached 402.23 billion yuan, reflecting a year-on-year increase of 9.72%, indicating steady expansion [4] - The bank's asset quality remains robust, with a non-performing loan ratio of 0.76% and a provision coverage ratio of 462.95%, ranking it among the top listed banks in terms of financial stability [4] Group 3: Talent Development - Changshu Bank has a strong culture of nurturing talent, often promoting from within, which has contributed to its reputation as a "talent cradle" for rural financial institutions [3] - The bank has successfully developed a talent pipeline, producing numerous outstanding managers for the provincial rural commercial banking system [3]