Lu Jianqiang, chairman of the board of directors and member of the company’s strategic committee, resigned on November 1 due to the announcement of the company’s application for transfer of directors.
At the same time, China Zheshang Bank Co.Ltd(601916) issued an announcement on the change of party secretary and chairman. Lu Jianqiang served as a member and Secretary of China Zheshang Bank Co.Ltd(601916) Party committee and nominated as a director and chairman; It is proposed that Shen Renkang no longer serve as a director and chairman of the board of directors and be removed from the posts of member and Secretary of the Party committee.
resignation of the chairman
Caitong Securities Co.Ltd(601108) change of command
On January 11, Caitong Securities Co.Ltd(601108) announced the resignation of the chairman: the board of directors of the company received the resignation report submitted by Mr. Lu Jianqiang, director and chairman of the company, on January 11, 2022. Mr. Lu Jianqiang applied to resign as a director, member of the strategy committee of the board of directors and chairman of the board of directors due to organizational transfer.
After Lu Jianqiang’s resignation, he will no longer hold any position in the company. Caitong Securities Co.Ltd(601108) the board of directors will complete the formalities of acting chairman and the election of new chairman as soon as possible.
Lu Jianqiang takes over China Zheshang Bank Co.Ltd(601916)
After resigning Caitong Securities Co.Ltd(601108) , Lu Jianqiang will be transferred to Zheshang Securities Co.Ltd(601878) .
On January 11, China Zheshang Bank Co.Ltd(601916) issued the suggestive announcement on the change of party secretary and chairman, which said that Lu Jianqiang served as a member and Secretary of China Zheshang Bank Co.Ltd(601916) Party committee and nominated as a director and chairman; It is proposed that Shen Renkang no longer serve as a director and chairman of the board of directors and be removed from the posts of member and Secretary of the Party committee.
Before Lu Jianqiang, China Zheshang Bank Co.Ltd(601916) party secretary and chairman was Shen Renkang. Public information shows that Shen Renkang was a member of the Standing Committee and deputy county head of Qingtian County Party committee, deputy secretary of the county Party committee, acting county head and county head of Zhejiang Province; Vice mayor of Lishui City, Zhejiang Province, vice mayor, Secretary of the Party Working Committee of the Management Committee of Lishui Economic Development Zone, member of the Standing Committee and vice mayor of the municipal Party committee, Secretary of the Party Working Committee of the Management Committee of Lishui Economic Development Zone, member of the Standing Committee and vice mayor of the municipal Party committee, deputy secretary of the municipal Party committee and Secretary of the political and Legal Committee of the municipal Party committee; Deputy Secretary of Quzhou municipal Party committee, acting mayor and mayor of Zhejiang Province.
China Zheshang Bank Co.Ltd(601916) in the announcement on the resignation of the chairman, Mr. Shen Renkang said that during his seven years in office, he led China Zheshang Bank Co.Ltd(601916) to adhere to the general goal of “two most”, vigorously promote innovation and transformation, and continuously improve the quality and efficiency of serving the real economy; Promote the improvement of corporate governance system and strengthen internal control and compliance management; Promote China Zheshang Bank Co.Ltd(601916) to successively complete the dual listing of H shares and a shares, and build a long-term mechanism for capital supplement.
who is Lu Jianqiang
Public information shows that Lu Jianqiang, born in April 1965, has a master of philosophy, Chinese nationality and no permanent right of residence abroad. He once served as deputy director of Zhejiang enterprise archives management center, deputy director of the office of Zhejiang Provincial Administration for Industry and commerce, director of the industrial and Commercial Information Management Office of Zhejiang Provincial Administration for Industry and commerce, director of the office of Zhejiang Provincial Administration for Industry and commerce, member of the Party committee and director of the office of Zhejiang Provincial Administration for Industry and commerce, member of the Party group and deputy director of the general office of Zhejiang Provincial Political Association, member of the Party group of the general office of Zhejiang provincial government Deputy director of the general office, Deputy Secretary General of Zhejiang Provincial People’s government and member of the Party group of the general office.
In June 2018, Lu Jianqiang joined Caitong Securities Co.Ltd(601108) and served as secretary of the Party committee and chairman of the board of directors of China Securities Association, executive director of Zhejiang Merchants Association, director of the Financial Services Committee of Zhejiang Merchants Association and President of the first Council of Zhejiang M & a federation.
During its management period of Caitong Securities Co.Ltd(601108) , in December 2021, Yong’an futures, an associate of Caitong Securities Co.Ltd(601108) , also achieved A-share listing, with a total market value of 45 billion yuan. Caitong Securities Co.Ltd(601108) as the largest shareholder of Yong’an futures, the shareholding ratio after IPO is 30.18%.
In addition, Caitong Securities Co.Ltd(601108) obtained the second batch of pilot qualifications for investment consulting business of public funds in July 2021.
In terms of financial reports, Caitong Securities Co.Ltd(601108) has made steady progress in recent years.
However, in terms of the share price of the secondary market, the estimate of Caitong Securities Co.Ltd(601108) has hardly risen in more than three years. The latest share price is 10.89 yuan per share, with a market value of 39.1 billion yuan.
Now, what kind of situation will Lu Jianqiang usher in when he is transferred from a securities firm with a market value of 39 billion to a bank with a market value of 71.4 billion and assets of more than 2 trillion?
According to the data, China Zheshang Bank Co.Ltd(601916) is one of the twelve national joint-stock commercial banks. It was officially opened on August 18, 2004 and listed on the Shanghai Stock Exchange in November 2019. Its headquarters is located in Hangzhou, Zhejiang Province. The largest shareholder of China Zheshang Bank Co.Ltd(601916) is Zhejiang Financial Holding Co., Ltd., 100% controlled by Zhejiang Provincial Department of finance, with a shareholding of 12.49%. By the end of September 2021, China Zheshang Bank Co.Ltd(601916) had total assets of 2.176 trillion yuan.
The latest share price of China Zheshang Bank Co.Ltd(601916) is 3.54 yuan, with a market value of 71.4 billion yuan.
(source: China Fund News)
