CM BANK Receives Regulatory Green Light for Wang Xiaoqing’s Presidential Appointment

Bulletin Express07-28

China Merchants Bank Co., Ltd. (CM BANK) announced that the National Financial Regulatory Administration has approved Mr. Wang Xiaoqing’s qualification to serve as President, as per document Jin Fu [2026] No. 390.

The approval renders Wang’s term effective from 28 July 2026 and lasting through the end of the Thirteenth Session of the Board of Directors. Biographical information on Wang is available in the circular for the 2025 annual general meeting dated 2 June 2026 on the HKEX and CM BANK websites.

Board composition at the date of the announcement remains unchanged: one executive director (Zhong Desheng), seven shareholder (non-executive) directors (Miao Jianmin, Shi Dai, Deng Renjie, Jiang Chaoyang, Zhu Eric Liwei, Huang Jian and Ma Xianghui), and five independent non-executive directors (Tian Hongqi, Shi Yongdong, Li Jian, Wong Yuk Shan and Lu Liping).

The Board issued the notice on 28 July 2026.

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