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latest! li min, vice president of china construction bank, resigns after only one year in office

2024-09-18

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on the evening of september 18, china construction bank (sh601939, share price 7.23 yuan, market value 1.8 trillion yuan) announced that due to work transfer, li min has submitted his resignation to the bank's board of directors and resigned from the position of vice president of the bank.

the construction bank website shows thatli minhe has served as vice president of china construction bank since september 2023.li min is a senior accountant. he graduated from wuhan university with a master's degree in finance in june 2002 and a bachelor's degree in economics in july 1993 from xi'an jiaotong university with a bachelor's degree in economics.

image source: photo by zhang jian, reporter of china business network

li min served as president of construction bank hebei branch from april 2017 to august 2019; vice president of construction bank guangdong branch from september 2012 to february 2017; assistant president of construction bank guangdong branch from may 2010 to june 2012. from july 1993 to may 2010, li min worked in construction bank dongguan branch, finance department, office, guangzhou yuexiu sub-branch, and human resources department of guangdong branch.

on august 30, china construction bank released its 2024 semi-annual performance report.the report shows that the bank's assets increased by 5.14% from the end of last year and 5.37% from the end of the previous year. net loans and advances and their proportion in total assets increased from the end of last year, deposits increased from the end of last year, but the proportion of deposits in liabilities decreased from the end of last year. the non-performing loan ratio decreased by 0.02 percentage points from the end of last year to 1.35%.

in the first half of the year, ccb achieved operating income of 374.831 billion yuan and net profit of 165.039 billion yuan. it plans to distribute a mid-term dividend of 49.252 billion yuan, accounting for 29.97% of the net profit attributable to the bank's shareholders under the group's caliber in the first half of 2024.

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