Ningbo Bank's management changes: Zhuang Lingjun elected as chairman of the board, and Feng Peijiong appointed as president.

On February 26th, Ningbo Bank underwent a management reshuffle, electing Zhuang Lingjun as the Chairman of the Board and appointing Feng Peijiong as the President. Both appointments are still pending approval. Former Chairman Lu Huayu retired due to age, having previously led Ningbo Bank in turning around their situation and achieving listing. In addition, Ningbo Bank also decided to appoint 7 deputy general managers, forming a "one chairman, seven deputy" structure. After the reshuffle, the management team became significantly younger and more professional.