Zhong Guo Ji Jin Bao·2025-11-17 16:05Core Viewpoint - Zhejiang Zheshang Bank has appointed Chen Haiqiang as the new chairman, which is expected to lead to stable development and strategic continuity for the bank [1][3][4]. Group 1: Leadership Changes - Chen Haiqiang has been nominated as the chairman of Zhejiang Zheshang Bank following the retirement of the previous chairman, Lu Jianqiang [1][3]. - Chen has extensive experience in the banking sector, having held various positions within Zhejiang Zheshang Bank since joining in 2015, including roles as president and executive director [4][3]. - The internal promotion of Chen is seen as beneficial for maintaining strategic stability and fostering a culture of talent recognition within the bank [4][3]. Group 2: Business Strategy and Performance - Since 2025, Zhejiang Zheshang Bank has adopted a long-term approach, focusing on "quality first" and moving away from a "scale obsession" to a model that emphasizes "low risk and balanced returns" [5]. - As of the end of Q3 2025, the bank's total assets reached 3.39 trillion yuan, reflecting a 1.91% increase from the previous year, indicating a cautious yet high-quality growth strategy [6]. - The bank reported operating income of 48.931 billion yuan and a net profit attributable to shareholders of 11.668 billion yuan, with net interest income accounting for 70.4% of total income [6]. - The non-performing loan ratio improved to 1.36%, down by 0.02 percentage points from the end of the previous year, showcasing enhanced asset quality management [6].