Jiangsu Jiangyin Rural Commercial Bank Appoints President Ni Qinghua as Chief Compliance Officer, Plans Additional Investment of Up to 30 Million Yuan in Jiangsu Jingjiang Rural Commercial Bank

Deep News12-11

On December 11, Jiangsu Jiangyin Rural Commercial Bank Co., Ltd. (Jiangyin Bank) announced the resolution of its second interim board meeting in 2025. The board approved a proposal to invest an additional amount not exceeding 30 million yuan in Jiangsu Jingjiang Rural Commercial Bank Co., Ltd. This investment will maintain Jiangyin Bank's 9.9% shareholding in Jingjiang Bank and will not affect the scope of its consolidated financial statements. The specific investment amount will be determined based on the asset valuation report of Jingjiang Bank.

Additionally, the board passed proposals regarding the appointment of a chief compliance officer and the head of the planning and finance department. Ni Qinghua, an executive director and president of Jiangyin Bank, was appointed as the chief compliance officer, with a term aligned with the current board.

Ni Qinghua, born in November 1976, holds a bachelor's degree and is an engineer. He began his career in 1999 and has held various positions, including assistant branch manager at Kunshan Rural Commercial Bank, assistant general manager and deputy general manager of its e-banking department, deputy general manager and general manager of its internet finance department, and later as a party committee member and vice president. Currently, he serves as deputy party secretary, director, and president of Jiangyin Bank.

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