Hua Xia Bank Co.,Limited recently announced that it has received approval from the National Financial Regulatory Administration for the appointment of Gong Weihua as the bank's Chief Information Officer, effective November 13, 2025. Gong, who was appointed in May this year, previously served as the Chief Information Officer at Bank of Beijing.
In addition to executive changes, this round of adjustments primarily involves mid-level management reshuffles across several primary branches, including deputy branch presidents.
Li Hao, former Deputy President of Hua Xia Bank's Beijing Branch, has been transferred to the Harbin Branch Committee. Li served as President of Hua Xia Bank's Beijing Chegongzhuang Sub-branch from 2018, during which the sub-branch consistently expanded its operations with annual profits exceeding 100 million yuan for three consecutive years. He later became General Manager of the Corporate Business Department at Beijing Branch before being promoted to Deputy President in January 2024. The Beijing Branch is Hua Xia Bank's largest, with assets totaling 621.035 billion yuan and 2,145 employees across 61 institutions as of June 2025.
Li Xiyu, former Deputy President of China Zheshang Bank's Guangzhou Branch, has joined Hua Xia Bank as Deputy Leader of the Beijing Sub-Center Branch Working Group. This marks Li Xiyu's return to Beijing's banking sector after holding leadership positions at major city commercial banks and joint-stock banks, including serving as President of Bank of Beijing's Chaoyang North Road Jurisdiction Branch, Deputy President of Tianjin Branch, and General Manager of the SME Department. From October 2020, he served as President of Shengjing Bank's Tianjin Branch before moving to China Zheshang Bank in March 2024.
As a Beijing-managed financial institution, Hua Xia Bank prioritizes serving the capital's development. Its Beijing Sub-Center Branch represents a strategic move to support the capital's economy. In 2025 alone, the bank has provided approximately 400 billion yuan in investment and financing services to Beijing and nearly 90 billion yuan for key projects in the Beijing-Tianjin-Hebei coordinated development initiative, representing year-on-year growth of 13% and 31% respectively.
This month, two more primary branch deputy presidents received regulatory approval for their appointments. Liu Xiangbo, Manager of the Wealth Product Management Office at the headquarters' Wealth Management and Private Banking Department, was appointed Deputy President of Shenyang Branch. Wang Jia became Deputy President of Jinan Branch, having previously served as President of Hua Xia Bank's Qingdao Pingdu Sub-branch and Nanjing Road Sub-branch.
According to its 2025 interim report, Hua Xia Bank operates a three-tier organizational management system (headquarters, branches, and sub-branches) across China's major economic centers. As of June 2025, it maintained 43 primary branches, 79 secondary branches, and 7 non-local sub-branches in 120 cities, with 952 outlets nationwide (a net decrease of 11 since year-start).
The bank's headcount stood at 36,775 as of June 2025, down 1,531 (nearly 4%) from 38,306 at year-end 2024. Business and management expenses for H1 2025 totaled 12.828 billion yuan, down 1.6% year-on-year, attributed to cost optimization measures. Employee compensation and benefits decreased slightly to 7.358 billion yuan, with salaries and bonuses accounting for 5.199 billion yuan. Calculated per employee, average H1 2025 compensation reached approximately 141,400 yuan, up 5% year-on-year.
Recently, Hua Xia Bank completed the absorption of its rural bank subsidiaries. On November 24, 2025, Sichuan regulators approved the dissolution of Jiangyou Hua Xia Rural Bank, with all assets, liabilities, business, and staff transferred to Hua Xia Bank. Established in September 2011 with 75 million yuan registered capital (70% initially owned by Hua Xia Bank), the rural bank reported 1.881 billion yuan in total assets and 176.647 million yuan in net assets as of June 2025, generating 31.0145 million yuan in operating income and 4.4125 million yuan net profit for H1.
Following regulatory approval on November 11 for Hua Xia Bank's acquisition of Jiangyou Hua Xia Rural Bank, four new sub-branches (Jiangyou, Jiangyou South, Jiangyou Sanhe, and Jiangyou Xishan) were established and approved for operation on November 14. This concludes the restructuring of all three Hua Xia-affiliated rural banks, following similar reforms of Beijing Daxing Hua Xia Rural Bank in November 2023 and Kunming Chenggong Hua Xia Rural Bank in June 2025.
These "rural-to-commercial branch" conversions align with regulatory requirements for financial risk mitigation. Earlier this year, the National Financial Regulatory Administration prioritized small and medium financial institution reforms in its 2025 key tasks. At the recent 2025 Financial Street Forum, Administrator Li Yunze emphasized "consolidating risk resolution achievements and steadily advancing mergers, restructuring, and quality improvements among small and medium financial institutions."
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