HZBank(SH:600926) 券商中国·2026-01-12 15:11Core Viewpoint - Hangzhou Bank has appointed Zhang Jingke, an internal candidate, as the new president, breaking the market's expectation of an external hire, which is seen as a strategic move to ensure continuity in development [1][2][3]. Group 1: Leadership Transition - The board of Hangzhou Bank unanimously approved the appointment of Zhang Jingke as president, pending regulatory approval [2]. - Zhang Jingke has over 20 years of experience at Hangzhou Bank, having progressed through various roles from a grassroots employee to senior management [3]. - The internal promotion is expected to maintain strategic stability and motivate internal talent, with all current executives being from the "post-70s" generation [3]. Group 2: Strategic Focus on Technology Finance - Hangzhou Bank has established a vertical organizational structure to enhance its focus on technology finance, leveraging the region's vibrant private economy and rich innovation resources [4]. - Zhang Jingke emphasizes the importance of understanding technology and industry as a core competency for the bank [4]. - The bank's technology finance service model has undergone three iterations since the establishment of its first technology-focused branch in 2009, evolving from a policy-driven model to a venture capital-driven approach [4][5]. Group 3: Current Financial Performance - As of September 2025, Hangzhou Bank's total assets reached 2.3 trillion yuan, an increase of 8.67% year-on-year [7]. - The bank reported a total operating income of 28.88 billion yuan for the first three quarters of 2025, a year-on-year growth of 1.35%, and a net profit attributable to shareholders of 15.88 billion yuan, up 14.53% [7]. - The basic earnings per share for the first three quarters of 2025 were 2.31 yuan, with a cash dividend of 0.38 yuan per share, totaling 2.755 billion yuan in cash dividends, reflecting a growth of over 24% [7].