宁波银行管理层变动：庄灵君拟出任董事长

Core Viewpoint - Ningbo Bank has appointed new leadership, including Zhuang Lingjun as Chairman and Feng Peijiong as Vice Chairman and President, pending regulatory approval [2][3][5]. Leadership Changes - Zhuang Lingjun has been elected as the Chairman of the Ninth Board of Directors, with his qualifications awaiting approval from the Ningbo Financial Regulatory Bureau [2]. - Feng Peijiong has been elected as Vice Chairman and appointed as President, also pending regulatory approval [2][3]. - Additional appointments include Fu Wensheng, Wang Yongjie, Xu Xuesong, Wang Dandan, Yu Gang, Lu Haiying, and Hu Haidong as Vice Presidents, with some qualifications still needing approval [5]. Previous Leadership - Former Chairman Lu Huayu, who served for over 20 years, and Executive Director and Vice President Luo Weikai have stepped down due to age [6]. - Lu Huayu is credited with guiding the bank's growth into a systemically important bank with a focus on the real economy and financial reform [6]. Valuation Improvement Plan - Ningbo Bank announced a valuation improvement plan, stating that if the stock price remains below the audited net asset value per share for 12 consecutive months in 2025, it will trigger specific actions [6][7]. - The net asset values are set at 26.71 yuan for the first part of 2025 and 31.55 yuan for the latter part [6]. Stock Performance - As of February 27, 2026, Ningbo Bank's stock price was 31.47 yuan per share, close to the 2024 net asset value, with a price-to-book ratio of 0.93 [8]. - The stock price performance has shown a 24% increase in 2024, ranking 30th among 42 A-share listed banks, a 21% increase in 2025, ranking 6th, and a 10% increase in early 2026, ranking 2nd [8][9]. Financial Performance - For the fiscal year 2025, Ningbo Bank reported a revenue of 71.968 billion yuan, an 8.01% increase year-on-year, and a net profit attributable to shareholders of 29.333 billion yuan, up 8.13% [9]. - The bank's net interest income reached 53.161 billion yuan, a 10.77% increase, while net commission income rose by 30.72% to 6.085 billion yuan [9]. - The non-performing loan balance stood at 13.147 billion yuan, with a non-performing loan ratio of 0.76%, remaining stable compared to the previous year, and a provision coverage ratio of 373.16% [9].