Chongqing Rural Commercial Bank Nominates Two New Independent Non-Executive Directors
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Chongqing Rural Commercial Bank has nominated Ms. Cao Shinan and Ms. Gao Yang as independent non-executive directors, pending shareholder approval and regulatory clearance. Cao has extensive experience in finance and corporate governance, while Gao is a New York-qualified attorney with expertise in capital markets. Both will receive an annual remuneration of RMB180,000. The bank aims to strengthen its board with specialized skills. The current analyst rating for the bank's stock (HK:3618) is a Buy, with a price target of HK$7.55.
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