Company Dynamics - On June 4, Yibin Bank announced the appointment of Ms. Jiang Lin as the new president and recommended her as an executive director, marking a significant adjustment in the bank's governance structure [2] - Jiang Lin's appointment is seen as a strategic move for Yibin Bank to seek breakthroughs in the context of regional financial competition and industrial integration [2] - Jiang Lin's qualifications are subject to approval by national financial regulatory authorities, and she will serve as acting president for a period not exceeding six months prior to this approval [2] Background of Jiang Lin - Jiang Lin, aged 46, holds a complete academic background from Sichuan University in Political Economics [3] - She has transitioned from government roles to market-oriented positions, having served in various capacities within the Chengdu government and later in investment roles [3] - Since joining the Wuliangye Group in 2019, Jiang has held several key positions, including board member and vice president, which have equipped her with significant industry management experience [3] Yibin Bank Overview - Established in 2006, Yibin Bank is a city commercial bank located in Yibin, Sichuan Province, China [4] - The bank was listed on the Hong Kong Stock Exchange in January 2023, becoming the third city commercial bank in Sichuan to achieve this milestone [4] - Following the resignation of former president Yang Xingwang due to health reasons, Jiang Lin's appointment is part of a broader strategy to align the bank with local industrial strategies [4] - Yibin Bank has strong ties to the Wuliangye Group, which is its largest shareholder, holding 16.99% of the shares, indicating a significant influence of the liquor industry on the bank's operations [4]