Changshu Bank(SH:601128) 券商中国·2025-11-13 14:40Core Viewpoint - Changshu Bank announced significant changes in its executive team and local state-owned shareholders' increased stake, reflecting confidence in the bank's development [1][2]. Executive Team Changes - The resignation of the youngest bank president, Bao Jian, and the appointment of Lu Dingchang, born in 1986, as the new president and chief compliance officer [3][4]. - Bao Jian, a co-founder of Changshu Bank's micro-loan services, has held various positions within the bank, contributing to the growth of its micro-financial services [3]. - Lu Dingchang has a diverse background within the bank, having served in multiple roles, including vice president since August 2022 [4][5]. Shareholder Stake Increase - Changshu City Investment Holding Group increased its stake in Changshu Bank by acquiring 5.6193 million shares, raising its total holdings to 132 million shares, or 3.98% of the bank's total equity [6]. - The group has invested approximately 200 million yuan in the bank this year, increasing its shareholding by 0.9 percentage points [6][7]. - The commitment from the local state-owned group to not reduce its holdings within the legal timeframe indicates strong confidence in the bank's future growth and stability [7]. Financial Performance - For the first three quarters of 2025, Changshu Bank reported revenues of 9.052 billion yuan and a net profit of 3.357 billion yuan, representing year-on-year growth of 8.15% and 12.82%, respectively [9]. - The bank's total assets reached 402.229 billion yuan, a 9.72% increase from the previous year, with a non-performing loan ratio of 0.76% [9]. - The bank has significantly increased its corporate client base, growing from 4,000 to 12,000 clients over the past five years, while maintaining a focus on small and micro enterprises [9].