Bank of Changsha Appoints Wang Shujun as President and Chief Compliance Officer
Bank of Changsha announced the appointment of Wang Shujun as president and chief compliance officer, pending regulatory approval. The bank reported first-half 2026 revenue of RMB 13.78 billion, up 4.01% year on year, and net profit attributable to shareholders of RMB 4.548 billion, up 5.06%.
On the evening of August 27, Bank of Changsha announced that its board had agreed to appoint Wang Shujun as president and chief compliance officer, and nominated him as a board director candidate. The appointment is subject to approval by the Hunan Regulatory Bureau of the National Financial Regulatory Administration. Wang, born in September 1981, previously served as deputy general manager of the small and micro enterprise department at the bank's head office and deputy branch manager of the Hunan branch. He later held roles including assistant general manager and deputy general manager at Hunan Caixin Asset Management Co. , Ltd. , during which he was seconded as a member of the Party Leadership Group and deputy district mayor of Tianxin District, Changsha. He subsequently served as deputy secretary of the Party Committee, director, and general manager of Changsha Investment Holding Group Co. Prior to returning to Bank of Changsha, Wang was general manager of Changsha Investment Holding Group.
Changsha Investment Holding Group is a significant shareholder of Bank of Changsha. According to the bank's 2026 interim report, as of the end of June, the group held approximately 148 million shares of the bank, representing 3.69% of total shares, making it the seventh-largest shareholder. The largest shareholder, Changsha Municipal Finance Bureau, held 16.82%. Before Wang's appointment, the president position had been vacant for nearly six months. On December 19, 2025, Zhao Xiaozhong resigned as chairman due to age, and Zhang Man was elected chairman. In February 2026, Zhang Man resigned as president.
On the same day, the bank released its 2026 interim report. In the first half of 2026, the bank achieved operating revenue of RMB 13.78 billion, up 4.01% year on year, and net profit attributable to shareholders of the parent company of RMB 4.548 billion, up 5.06%. As of the end of June, total assets stood at approximately RMB 1.34 trillion. During the period, the net interest margin was 1.84%, down 0.03 percentage points year on year, and the net interest spread was 1.90%, down 0.07 percentage points. As of the end of June, the non-performing loan ratio was 1.15%, unchanged from the beginning of the year, and the provision coverage ratio was 281.43%, up 0.57 percentage points from the end of 2025.