Hu Wenjian was approved to serve as the chairman of Yunnan Hongta Bank.

On September 11th, the Yunnan Banking Regulatory Bureau issued a reply approving the qualifications of Hu Wenjian, the director and chairman of Yunnan Red Tower Bank Co., Ltd. The bank is required to ensure that the approved personnel strictly comply with the relevant regulatory provisions of the Banking Regulatory Bureau, and they must take office within 3 months from the date of this administrative licensing decision and report to work in a timely manner as required. If they do not take office within the specified period, this approval document will be invalid, and the issuing authority will handle the administrative licensing cancellation procedures.