Huaxia Bank: Elected Wang Hongjun and Luo Ganyi as vice chairmen

On the evening of July 19, Huaxia Bank (600015. SH) issued an announcement that the company's board of directors deliberated and passed the "Proposal on the Election of Vice Chairman", and elected Wang Hongjun and Luo Ganyi as vice chairmen. Wang Hongjun's qualifications as vice chairman of the board of directors and Luo Ganyi's qualifications as directors and vice chairman of the board of directors have yet to be approved by the China Banking and Insurance Regulatory Commission.

Wang Hongjun, 49, is the chief financial officer of Shougang Group Co., Ltd. He once served as the deputy chief accountant and chief accountant of Beijing Jinyu Group Co., Ltd., and the director, financial director and director of the financial department of Beijing Jinyu Co., Ltd. According to Huaxia Bank's annual report, Wang Hongjun has served as a director of Huaxia Bank since November 30, 2016.

Luo Ganyi is currently the chief accountant and member of the party group of the State Grid Corporation, born in September 1965, and has successively served as the deputy director of the Financial and Accounting Bureau of China North Industries Corporation, the deputy general manager and chief accountant of China Yanxing Corporation, the director of the Finance and Accounting Audit Department of China North Industries Group Corporation, the chief accountant of China North Industries Group Corporation and the vice chairman of The Arms Finance Co., Ltd., and the chief accountant of China North Industries Group Corporation and the chairman of the Board of Directors of Arms Industry Finance Co., Ltd.

Since last year, Huaxia Bank's directors and senior management have changed frequently.

Li Ruge, one of Huaxia Bank's former vice chairman, resigned in December last year due to a job transfer. Li Ruge served as a director and vice chairman of Huaxia Bank in September 2007 and has been around for 11 years since 2018. From September 2012 to December 2017, Li Ruge served as the chief accountant of the State Grid Corporation of China, and then joined China Resources Group as the chief accountant and party committee member. It is worth mentioning that according to the information disclosed on the website of the Supervision Department of the Central Commission for Discipline Inspection in March 2015, Li Ruge received a serious warning and administrative demerit punishment for participating in a banquet at public expense in October 2013.

In addition, li xiang and Lu Guoyi, two former vice presidents, submitted written resignation reports at the same time in July last year. The announcement shows that Li Xiang retired due to his age, and Lu Guoyi resigned as vice president of Huaxia Bank due to work reasons. In October last year, The Board of Directors of Huaxia Bank approved the appointment of Yang Wei and Li Min as Vice Presidents, but their qualifications were approved by the CBIRC on February 12 and February 14 this year, respectively.

At present, the management structure of Huaxia Bank is Chairman Li Minji, President Zhang Jianhua and five vice presidents Ren Yongguang, Wang Yiping, Guan Wenjie, Yang Wei and Li Min, which is still different from the allocation of 6-8 vice presidents of other joint-stock banks.

According to the 2018 annual report, Huaxia Bank achieved operating income of 72.227 billion yuan last year, an increase of 8.80% year-on-year, an increase of 5.1 percentage points over the same period of the previous year; and achieved a net profit attributable to shareholders of listed companies of 20.854 billion yuan, an increase of 5.22% year-on-year, an increase of 4.5 percentage points over the same period of the previous year, and the operating efficiency showed a steady improvement trend. At the end of 2018, huaxia bank's loan balance that was more than 90 days overdue was 43.855 billion yuan, while the balance of non-performing loans announced by the bank in the same period was only 29.809 billion yuan.

Founded in 1992, Huaxia Bank is a national joint-stock bank and is under the jurisdiction of Beijing Municipality. At present, the major shareholder of Huaxia Bank is Shougang Group Co., Ltd., holding 20.28% of the shares, and Chinese Min property insurance co., Ltd. and State Grid Yingda International Holding Group Co., Ltd. are the second and third largest shareholders respectively, with a shareholding ratio of 19.99% and 18.24% respectively.

Attached are the resumes of two people:

Wang Hongjun, male, born in March 1969, master's degree candidate, senior accountant. He was the deputy chief accountant and chief accountant of Beijing Jinyu Group Co., Ltd., and the director, chief financial officer and director of the financial department of Beijing Jinyu Co., Ltd. He is currently the Chief Financial Officer of Shougang Group Co., Ltd.

Luo Ganyi, male, born in September 1965, doctoral candidate, senior accountant, enjoys special allowances of the State Council. He once served as the deputy director of the Financial and Accounting Bureau of China North Industries Corporation, the deputy general manager and chief accountant of China Yanxing Corporation, the director of the Finance and Accounting Audit Department of China North Industries Group Corporation, the chief accountant of China North Industries Group Corporation and the vice chairman of Ordnance Finance Co., Ltd., and the chief accountant of China North Industries Group Corporation and the chairman of Arms Finance Co., Ltd. He is currently the chief accountant of the State Grid Corporation of China and a member of the party group. At the same time, according to the "Proposal on The Addition of Some Special Committee Members of the Board of Directors", Luo Ganyi was added as a member of the Strategic Management and Consumer Rights protection committee and a member of the Nomination Committee.