Bank of Ningbo Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Lingjun Zhuang

Chief executive officer

CN¥2.8m

Total compensation

CEO salary percentage	n/a
CEO tenure	2.6yrs
CEO ownership	n/a
Management average tenure	8.2yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO

Lingjun Zhuang (45 yo)

2.6yrs

Tenure

CN¥2,750,000

Compensation

Mr. Lingjun Zhuang serves as President of Bank of Ningbo Co., Ltd. since April 8, 2022 and its Vice Chairman since May 24, 2022 and served as its Vice President (since October 2019) and Chief Financial Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lingjun Zhuang	President & Vice Chairman	2.6yrs	CN¥2.75m	no data
Weikai Luo	Director	no data	CN¥2.48m	no data
Peijiong Feng	VP & Director	9.6yrs	CN¥2.48m	no data
Gang Yu	Board Secretary	6.8yrs	CN¥2.34m	no data
Yandi Xu	IR expert	no data	no data	no data
Ye Zhuang	Deputy GM of Compliance Department & Employee Representative Supervisor	13.8yrs	no data	no data

8.2yrs

Average Tenure

47yo

Average Age

Experienced Management: 002142's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lingjun Zhuang	President & Vice Chairman	4.8yrs	CN¥2.75m	no data
Weikai Luo	Director	2.3yrs	CN¥2.48m	no data
Peijiong Feng	VP & Director	8.8yrs	CN¥2.48m	no data
Ye Zhuang	Deputy GM of Compliance Department & Employee Representative Supervisor	7.8yrs	no data	no data
Hao Li	Independent Director	4.6yrs	CN¥350.00k	0.0025% CN¥ 4.4m
Duoguang Bei	Independent Director	4.6yrs	CN¥350.00k	no data
Huayu Lu	Chairman of the Board	19.8yrs	CN¥2.75m	0.021% CN¥ 36.8m
Mengbo Luo	Chief Supervisor	less than a year	CN¥2.90m	0.020% CN¥ 34.8m
Xuemei Wei	Non-Independent Director	9.5yrs	no data	no data
Xinyu Liu	Non Independent Director	4.6yrs	CN¥100.00k	no data
Peili Hong	Independent Director	4.6yrs	CN¥350.00k	no data
Wei'an Wang	Independent Director	4.6yrs	CN¥350.00k	no data

4.6yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 002142's board of directors are considered experienced (4.6 years average tenure).

Bank of Ningbo Management

Management criteria checks 4/4

Key information

Recent management updates

Bank of Ningbo Co., Ltd., Annual General Meeting, May 15, 2024

High number of new directors

Bank of Ningbo Co., Ltd. Announces Executive Elections

Bank of Ningbo Co., Ltd. Approves Election of Luo Weikai as Director

Recent updates

Third quarter 2024 earnings released: EPS: CN¥1.01 (vs CN¥0.97 in 3Q 2023)

Bank of Ningbo Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment improves as stock rises 20%

Second quarter 2024 earnings released: EPS: CN¥1.01 (vs CN¥0.96 in 2Q 2023)

Dividend increased to CN¥0.60

Bank of Ningbo Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024

First quarter 2024 earnings released: EPS: CN¥1.06 (vs CN¥1.00 in 1Q 2023)

Bank of Ningbo Co., Ltd., Annual General Meeting, May 15, 2024

Bank of Ningbo Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Bank of Ningbo Co., Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024

Third quarter 2023 earnings released: EPS: CN¥0.97 (vs CN¥0.89 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.96 (vs CN¥0.84 in 2Q 2022)

Bank of Ningbo Co., Ltd. Announces 2022 Final Profit Distribution on A Shares, Payable on 12 July 2023

Bank of Ningbo Co., Ltd. Approves Profit Distribution Plan for 2022

First quarter 2023 earnings released: EPS: CN¥1.00 (vs CN¥0.87 in 1Q 2022)

Now 21% undervalued after recent price drop

High number of new directors

Bank of Ningbo Co., Ltd. Announces Executive Elections

Now 22% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: CN¥0.89 (vs CN¥0.80 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.84 (vs CN¥0.79 in 2Q 2021)

Bank of Ningbo Co., Ltd. (SZSE:002142) acquired 6.7% stake in Huarong Consumer Finance Co., Ltd. from Anhui Xin'an Asset Management Co., Ltd.

Bank of Ningbo Co., Ltd. Announces 2021 Final Profit Distribution, Payable on 12 July 2022

Bank of Ningbo Co., Ltd. Approves Election of Luo Weikai as Director

First quarter 2022 earnings released: EPS: CN¥0.87 (vs CN¥0.79 in 1Q 2021)

Bank of Ningbo Co., Ltd. Proposes Final Cash Dividend for the Year 2021

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Bank of Ningbo Co., Ltd. (SZSE:002142) entered into the Unlisted State-owned Equity Transaction Contract of Financial Enterprise to acquire 70% stake in Huarong Consumer Finance Co., Ltd. from China Huarong Asset Management Co., Ltd. (SEHK:2799) for CNY 1.1 billion.

Third quarter 2021 earnings released: EPS CN¥0.80 (vs CN¥0.57 in 3Q 2020)

Bank of Ningbo Co., Ltd. Approves Cash Dividend for 2020

First quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥0.71 in 1Q 2020)

Investor sentiment deteriorated over the past week

Revenue misses expectations

Full year 2020 earnings released: EPS CN¥2.43 (vs CN¥2.41 in FY 2019)

New 90-day high: CN¥44.09

New 90-day high: CN¥41.32

Non Independent Director has left the company

New 90-day high: CN¥38.11

Third quarter earnings released

New 90-day high - CN¥36.33

Bank of Ningbo Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

New 90-day high - CN¥31.89

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age