Shanghai Bank: General Auditor Liu Fang's Qualification for Appointment Approved

NightAirdropper · 2026-03-17T08:14:16+00:00

Shanghai Bank announced that Liu Fang has been approved to serve as Chief Auditor to strengthen compliance and internal audit management. The company was established in 1996, and from 2022 to 2024, operating revenue and net profit have experienced some fluctuations, with net profit attributable to parent company showing slight growth.

NightAirdropper

2026-03-17 08:14:16

Abstract generation in progress

Radar Finance Text | Feng Xiuyu Editor | Li Yihui

On March 16, Shanghai Bank (Stock Code: 601229) announced that Mr. Liu Fang has been approved by the Shanghai Financial Regulatory Bureau to serve as the company’s Chief Auditor. This executive change aims to further strengthen the company’s management in compliance and internal audit. Mr. Liu Fang’s detailed resume was disclosed in the board resolution announcement published on October 31, 2025.

According to Tianyancha, Shanghai Bank was established on January 30, 1996, with a registered capital of 14,206,528,700 RMB. The legal representative is Gu Jianzhong, and the registered address is No. 688 Zhongshan South Road, Huangpu District, Shanghai. Its main businesses include corporate banking, retail banking, and fund services.

Currently, the company’s chairman is Gu Jianzhong, the secretary of the board is Li Xiaohong, and it has 14,712 employees.

The company has stakes in 21 subsidiaries, including Shanghai Silver Wealth Management Co., Ltd., Shanghai Silver Fund Management Co., Ltd., Shanghai Silver International Limited, Shanghai Silver International (Shenzhen) Limited, and Shanghai Silver International Equity Investment Fund Management (Shenzhen) Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 53.112 billion yuan, 50.564 billion yuan, and 52.986 billion yuan, respectively, with year-on-year growth of -5.54%, -4.80%, and 4.79%. The net profit attributable to shareholders was 22.28 billion yuan, 22.545 billion yuan, and 23.56 billion yuan, with year-on-year growth of 1.08%, 1.19%, and 4.50%. During the same period, the company’s asset-liability ratio was 92.30%, 92.25%, and 92.11%.

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