Bank of Ningbo's Chairman Zhuang Lingjun: Smooth Transition for Management Team, New Leadership to Maintain Strategic Focus

Deep News05-15

On May 15th, Bank Of Ningbo Co.,Ltd. held its 2025 online annual results briefing. Regarding the impact of the board reelection and management changes, Chairman Zhuang Lingjun stated that following the reelection, the bank's management team has achieved a smooth and orderly transition. The key members of the leadership team are all core executives cultivated internally over the long term, resulting in a professional, stable, and clearly structured team. The new leadership will consistently uphold the Party's leadership, guide the entire bank in maintaining strategic focus, and steadfastly advance its strategic positioning of "what large banks cannot do well and small banks cannot do." It will solidly serve the real economy, adhere to differentiated and specialized operations, and create value for customers through professionalism. For the first quarter of 2026, the bank reported double-digit growth in both revenue and net profit exceeding 10%, with the non-performing loan ratio remaining at 0.76%, indicating overall robust and sustainable operations.

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