Bank of Zhengzhou Announces Key Board and Audit Changes

Bank of Zhengzhou Co., Ltd. Class H (HK:6196) has released an update.

The Bank of Zhengzhou Co., Ltd. has announced significant governance changes, including the proposed re-election and election of directors, the appointment of a new president, and a change in external auditors. Independent non-executive directors are set to receive an annual remuneration of RMB210,000, while executive and non-executive directors will have differing compensation structures as per their roles. These proposals will be presented to the shareholders for approval at the upcoming general meeting.

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