The board of directors of Harbin Bank Co., Ltd. recently received resignation letters from Mr. Zhang Taoxuan, Mr. Ma Pao-Lin, Mr. Chen Danyang and Mr. Peng Xiaodong, each a non-executive director of the Bank, that (i) due to other work arrangements, Mr. Zhang Taoxuan has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Development Strategy Committee under the Board of the Bank; (ii) due to work related reasons, Mr. Ma Pao-Lin has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Development Strategy Committee under the Board of the Bank; (iii) given Heilongjiang Tuokai Economic and Trading Company Limited, which nominated Mr. Chen Danyang as a non-executive director of the Bank, no longer holds any shares of the Bank, Mr. Chen Danyang has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Nomination and Remuneration Evaluation Committee under the Board of the Bank; and (iv) due to other work arrangements, Mr. Peng Xiaodong has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Audit Committee under the Board of the Bank,
all with effect from 28 August 2020.
Harbin Bank Co., Ltd. is a Hong Kong-based investment holding company principally engaged in financial businesses. The Company operates through four segments. Corporate Financial segment is engaged in the provision of financial products and services to corporate customers, including deposits, loans, settlement and other products and services related to trading businesses. Retail Financial segment is engaged in the provision of financial products and services to retail customers, including deposits, bank cards and credit cards, personal loans and collateral loans and personal wealth management services, among others. Interbank Financial segment is engaged in money market placements, repurchasing businesses, investment businesses and foreign exchange transactions, among others. Other Businesses segment is engaged in other businesses and businesses related to assets, liabilities, income and expenses.