Sou Hu Cai Jing·2025-12-24 09:45Core Viewpoint - The leadership adjustment at Zheshang Bank, with the appointment of Lv Linhua as the new party committee member and vice president, aims to strengthen the bank's governance and support the financial development of Zhejiang Province [1][3]. Leadership Changes - Lv Linhua has been appointed as the new president of Zheshang Bank, succeeding Chen Haiqiang, who has been proposed to step down from the position [1]. - Chen Haiqiang was recently appointed as the chairman of Zheshang Bank, marking a complete leadership transition within the bank [5][6]. Background of New Leadership - Lv Linhua has extensive experience in financial regulation, having worked in the Zhejiang Banking and Insurance Regulatory Commission and served as the deputy president of Zhejiang Rural Commercial Bank [3][5]. - Chen Haiqiang has a background in grassroots banking operations and has held significant positions within Zheshang Bank, including risk management [6]. Strategic Focus - Zheshang Bank is set to continue its "Deepening Zhejiang" strategy, which was first proposed in 2022, with a new three-year action plan starting in 2025 [4][5]. - The bank aims to enhance its financial services in Zhejiang Province, focusing on building a robust financial ecosystem [4]. Financial Performance - As of September 2025, Zheshang Bank reported total assets of 3.39 trillion yuan, a 1.91% increase from the previous year, with loans totaling 1.90 trillion yuan, up 2.11% [7]. - The bank's deposits reached 2.06 trillion yuan, reflecting a 7.15% growth year-on-year [7]. - However, the bank faced challenges in profitability, with a 6.78% decline in operating income and a 9.59% drop in net profit for the first nine months of 2025 [8].