Throughout the month of June, the schedule of Huishang Bank President Kong Qinglong was packed with engagements.

First, he led a team to visit Conch Group, aiming to deepen strategic client cooperation. The visit emphasized providing comprehensive, integrated financial services to Conch Group and its various industrial sectors to support Conch in building a world-class enterprise.

Subsequently, he traveled to Bozhou City for discussions with the municipal party committee and government, pledging to continue focusing on Bozhou's needs and leveraging Huishang Bank's strengths to optimize technology financial services and innovate financial products.

With closer cooperation between Huishang Bank and various government and corporate entities, its business expansion is expected to proceed more smoothly.

Kong Qinglong is diligently working on substantive initiatives for the bank.

Information shows that Kong Qinglong, born in the 1970s, has a career spanning securities firms, asset management companies, large state-owned banks, joint-stock banks, and provincial-level city commercial banks. He possesses expertise in capital markets, familiarity with credit for the real economy and regional economies, and the ability to oversee both retail and corporate banking, demonstrating strong comprehensive capabilities.

In 2023, Kong Qinglong joined Huishang Bank as President, responsible for management and operational matters.

Following the departure of the bank's former Chairman, Yan Chen, Kong Qinglong's responsibilities have increased.

In July 2025, Kong Qinglong was appointed to act on behalf of the Chairman of the Strategic Committee of the Board of Huishang Bank. In February 2026, he also assumed the role of Chief Compliance Officer.

Kong Qinglong also presides over important internal meetings.

On June 30, Huishang Bank held its 2025 Annual General Meeting of Shareholders. Nominated by a majority of directors, the meeting was chaired by Kong Qinglong.

Taking on more responsibilities means facing greater pressure.

Kong Qinglong had to address shareholder disputes regarding dividends.

At this shareholders' meeting, the Zhongjing shareholder group submitted a supplementary ordinary resolution, primarily focused on raising Huishang Bank's cash dividend payout ratio to 30%.

However, this resolution was ultimately not passed, as it failed to secure the approval of a majority of the votes cast by shareholders (including their proxies) present at the annual meeting.

The voting results showed an opposition rate of 50.2043% and an abstention rate of 23.5%.

In recent years, Huishang Bank's dividend payout ratio has been steadily increasing.

From 2022 to 2024, the bank's dividend payout ratios were 13.37%, 14.5%, and 15%, respectively.

For 2025, Huishang Bank proceeded with its originally planned dividend payout ratio of 22%, retaining profits to supplement core tier-1 capital in response to narrowing net interest margins and regional credit demand for the real economy.

Under Kong Qinglong's leadership in 2025, Huishang Bank achieved significant progress.

As of the end of 2025, the bank's total assets reached 2.33 trillion yuan, a year-on-year increase of 15.51%, marking the fastest asset expansion in recent years.

Within this, customer loans and advances amounted to 1,130.492 billion yuan, a year-on-year increase of 12.80%, with loan balances within Anhui Province historically surpassing 1 trillion yuan.

Against the backdrop of a general industry-wide decline in net interest margins, Huishang Bank achieved growth in both operating income and net profit.

In 2025, the bank's operating income was approximately 37.67 billion yuan, a year-on-year increase of about 1.2%, while net profit was approximately 16.93 billion yuan, a year-on-year increase of about 6.3%.

Concurrently, Huishang Bank intensified efforts in the recovery and disposal of non-performing assets, strictly controlled risks, leading to a continued improvement in asset quality.

As of the end of 2025, the bank's non-performing loan ratio was approximately 0.98%, a slight decrease of about 0.01 percentage points from the end of the previous year, with a provision coverage ratio of approximately 278.8%.

Despite improved operational performance, the total compensation for key management personnel at Huishang Bank decreased.

In 2025, the total compensation for the bank's key management personnel was 14.334 million yuan, a year-on-year decrease of 4.51 million yuan.

However, Kong Qinglong's annual salary was 900,000 yuan, a slight increase from the previous year's 896,000 yuan.