---
title: "Dongguan Rural Commercial Bank Reshuffles Board Secretariat, Secures Waiver for New Joint Company Secretary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287214443.md"
description: "Dongguan Rural Commercial Bank has announced the resignation of YE Jianguang as board secretary and joint company secretary, effective upon the appointment of a successor. ZHU Ying has been appointed as the new secretary, with a three-year waiver from Hong Kong’s listing rules to serve alongside TAM Pak Yu. This transition highlights the bank's commitment to internal talent and compliance with corporate governance standards."
datetime: "2026-05-21T11:51:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287214443.md)
  - [en](https://longbridge.com/en/news/287214443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287214443.md)
---

# Dongguan Rural Commercial Bank Reshuffles Board Secretariat, Secures Waiver for New Joint Company Secretary

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An update from Dongguan Rural Commercial Bank Co Ltd Class H ( (HK:9889) ) is now available.

Dongguan Rural Commercial Bank announced that YE Jianguang will step down as secretary to the board and joint company secretary due to organizational work arrangements, while remaining vice president, with his board secretary role ending once a qualified successor is approved and his joint company secretary role ending on 21 May 2026. The bank has appointed long-serving executive ZHU Ying as the new secretary to the board and joint company secretary effective the same date, subject to regulatory qualification, and obtained a three-year waiver from Hong Kong’s listing rules so she can serve alongside experienced joint company secretary TAM Pak Yu, Vivien while gaining the requisite company secretarial experience.

The waiver, which may be revoked in case of material listing rule breaches, requires that TAM assist ZHU throughout the waiver period and that the bank later demonstrate ZHU’s capability to fully discharge company secretary duties without further exemptions. This transition underscores the bank’s reliance on internal talent with extensive financial management and governance experience, while maintaining compliance with Hong Kong corporate governance standards and signaling continuity and stability in its board administration functions for shareholders and other stakeholders.

**More about Dongguan Rural Commercial Bank Co Ltd Class H**

Dongguan Rural Commercial Bank Co., Ltd. is a PRC-incorporated joint stock commercial bank focused on rural and local financial services in Dongguan, Guangdong Province. Its H-shares are listed in Hong Kong, though it is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority.

**Average Trading Volume:** 269,314

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$24.87B

See more insights into 9889 stock on TipRanks’ Stock Analysis page.

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