Core Viewpoint - Guangzhou Rural Commercial Bank is facing a governance issue due to the resignation of independent non-executive director Zheng Guojian, which has reduced the number of independent directors below the regulatory requirement set by the Hong Kong Stock Exchange [1][2][4] Group 1: Resignation of Independent Director - Zheng Guojian resigned from his position as an independent non-executive director and various committee roles due to personal commitments, effective immediately [2][3] - Following Zheng's resignation, the number of independent non-executive directors at Guangzhou Rural Commercial Bank decreased to four, below the required one-third ratio mandated by the Hong Kong Stock Exchange [2][4] - The bank must fill this vacancy within three months to comply with regulatory requirements [2][4] Group 2: Challenges in Appointing New Directors - The bank's efforts to appoint new independent directors have faced setbacks, including the unapproved qualifications of Zhu Guilong, who was approved by the shareholders in December 2024 but has yet to receive regulatory approval [4][6] - Previous attempts to appoint directors, such as Xu Zhi and Qin Min'an, resulted in resignations before they officially took office, indicating ongoing challenges in governance [3][4] Group 3: Financial Performance and Asset Management - As of the third quarter of 2025, Guangzhou Rural Commercial Bank reported total assets of 1.42 trillion yuan, making it the largest rural commercial bank in Guangdong province [6] - The bank's revenue for the first three quarters of 2025 was 11.02 billion yuan, a decrease of 2.35% year-on-year, while net profit fell by 18.73% to 1.72 billion yuan [6] - The bank has been significantly impacted by credit impairment losses, which reached 3.81 billion yuan in the first half of 2025, representing a 30.6% increase year-on-year and accounting for 47.4% of revenue [6]
人数告急！广州农商行独董辞职，新人选任职资格一年仍未获批