---
title: "The proposed director resigned before taking office! BANK OF GUIYANG encountered a \"rare\" personnel change"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247523715.md"
description: "BANK OF GUIYANG's proposed director Liang Cheng resigned before taking office, citing work reasons for his resignation from the board and committee positions. The resignation is effective upon delivery of the report to the board of directors and does not affect the normal operation of the board. BANK OF GUIYANG will conduct a supplementary election for the new director as required. Liang Cheng is the legal representative of Guiyang State-owned Assets Investment Management Company, which is the largest shareholder of BANK OF GUIYANG, holding 12.82% of the shares"
datetime: "2025-07-07T15:42:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247523715.md)
  - [en](https://longbridge.com/en/news/247523715.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247523715.md)
---

# The proposed director resigned before taking office! BANK OF GUIYANG encountered a "rare" personnel change

The key candidate for the company's board of directors suddenly encountered an unexpected situation before taking office.

On the evening of July 7, Bank of Guiyang announced that the board of directors received the resignation letter from Liang Cheng, who was proposed to be a director of the company, on July 7, 2025.

Liang Cheng resigned from his proposed positions as a company director and a member of the board's development strategy committee due to **work reasons**. The resignation takes effect upon the delivery of the resignation letter to the company's board of directors, and he will no longer hold any positions in the company or its holding subsidiaries after resigning.

Previous announcements indicated that Bank of Guiyang agreed to elect Liang Cheng as a director at the first extraordinary shareholders' meeting in 2024. However, his qualifications for the position have not yet been approved by the regulatory authorities, and he has not officially assumed office.

Bank of Guiyang's announcement stated that Liang Cheng's resignation would not affect the normal operation of the company's board of directors, and no handover of work is necessary. The company will subsequently complete the election of a new director in accordance with relevant regulations.

According to Bank of Guiyang's 2024 annual report, as of the end of the reporting period, Guiyang State-owned Assets Investment Management Company is the largest shareholder of Bank of Guiyang, holding 12.82% of the bank's total share capital. Guiyang State-owned Assets Investment Management Company was established in November 1998, with a registered capital of 1.522 billion yuan, and Liang Cheng is the legal representative.

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