Weihai Bank Receives Regulatory Nod for New Non-Executive Director
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Weihai City Commercial Bank Co., Ltd. has received approval from China's National Financial Regulatory Administration Shandong Office for Mr. Guo Youhui to become a non-executive director, effective May 12, 2026. This follows the resignation of Mr. Jiao Weifeng from the board, indicating a reshuffle that may impact the bank's governance and strategic direction. Weihai Bank, listed in Hong Kong, operates under mainland regulatory oversight and is not licensed to conduct banking in Hong Kong.
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