On January 19, Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) (sh603323) announced that the board of directors of the bank planned to appoint Miao Yuchen as the vice president of the bank.
According to the announcement, Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) the eighth meeting of the sixth board of directors was held on January 18. At the meeting, the proposal on the appointment of vice president was considered and passed. It is proposed to appoint Miao Yuchen as Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) vice president, and the term of office is the same as that of the sixth board of directors. As vice president of the bank, Miao Yuchen shall report to the banking regulatory authority.
According to the resume, Miao Yuchen, female, born in July 1976 in Rugao, Jiangsu Province, has a bachelor’s degree and is an accountant. He started working in August 1995 and successively served as teller of Chaiwan credit cooperative of Rugao Rural Credit Union, general teller and internal affairs director of business department, section member of personnel education department, director of clearing center (secondary Department), deputy director of business department, and director of clearing center of planning and finance department (stock level); Deputy director of Xinmin Credit Union, deputy manager, Deputy Manager (presiding over the work) and manager of planning and finance department.
Since then, he served as the general manager of the personal business department of Rugao Rural Commercial Bank; Comprehensive analysis post of fund adjustment Department of information settlement center of Jiangsu Rural Credit Union, senior director of fund transaction and fund management team of business development department, deputy manager of financial market department and head of money market team; Vice president of Rugao Rural Commercial Bank (temporary post); Member of the Party committee and vice president of Nantong rural commercial bank. He is currently a member of the Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) Party committee.
It is worth mentioning that just last month, Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) senior management changed personnel and vice president Zhang Yaqin resigned.
According to the announcement, Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) the board of directors received a written resignation report submitted by Zhang Yaqin, director and vice president of the bank, on December 30, 2021. Zhang Yaqin resigned as a director and vice president of the bank and a member of the consumer rights and interests protection committee, green finance committee and integrity and ethics committee of the board of directors due to job changes.
The announcement shows that his resignation application takes effect when the resignation report is delivered to the board of directors. Zhang Yaqin has confirmed that he has no different opinions from the Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) board of directors, and there is no need to inform the shareholders and creditors of the Bank of any matter due to his resignation.
With Miao Yuchen’s “replacement”, the Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) President Office returned to the pattern of “one principal and five vice presidents”, specifically president Zhuang Yingjie, vice presidents Wang Minghua, Huang Xun, Xu Weizhong, Qiu Ping and Miao Yuchen, as well as president assistant Shen Zhongliang.
Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) released the 2021 annual performance express on the 10th of this month. According to the announcement, the bank’s operating revenue in 2021 was 3.821 billion yuan, a year-on-year increase of 1.81%. This increase is significantly lower than that of Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) and Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) rural commercial banks in Suzhou. The operating revenue of Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) and Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) in 2021 increased by 10.75% and 16.27% year-on-year. In addition, the net profit attributable to the parent company in Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) 2021 was 1.148 billion yuan, a year-on-year increase of 20.72%, and the growth rate was also lower than 29.77% of Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) and 21.13% of Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) .
Moreover, the bank issued an announcement on the results of share reduction by shareholders at the end of December 2021. Suzhou Huanya Industrial Co., Ltd., the former third largest shareholder of the bank, reduced 2.59% of the shares of the bank and the remaining 3.05%. At present, the top two shareholders of Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) are Hengtong Group Co., Ltd. and Jiangsu xinhengtong Investment Group Co., Ltd., holding 6.93% and 6.85% respectively.
