Bank Of Qingdao Co.,Ltd. (SEHK: 03866) has announced that it received official approval from the National Financial Regulatory Administration's Qingdao office regarding the appointment of Mr. Zhang Shixing as an independent director.

The regulatory body has formally confirmed Mr. Zhang's qualifications to serve as an independent non-executive director for the bank. Effective August 10, 2026, Mr. Zhang will assume his new role, which includes chairing the audit committee and serving on the remuneration, nomination, and connected transaction control committees.

With the commencement of Mr. Zhang's tenure, Mr. Fan Xuejun has stepped down from his positions as independent non-executive director and from all related committee roles within the bank.