Composition and Responsibilities of the Board of Supervisors

The Board of Supervisors is the supervisory body of the Bank accountable to the general meeting. The Board of Supervisors consisted of 6 members, with Mr. Wei Guobin, Ms. Sun Qixiang, Ms. Li Rong, Mr. Cheng Pusheng, Mr. Zhang Chun and Ms. Zeng Yufang as members, among whom 2 are external supervisors, 3 are employee representative supervisors, and the other one is shareholder representative supervisor.

Specialized Committees Under the Board of Supervisors

The Supervision Committee and the Nomination Committee are the special committees set up under the Board of Supervisors.

Supervision Committee

The principal responsibilities of Supervision Committee include the following: to supervise the Board of Directors in the establishment of prudent business concepts and value propositions and the formulation of development strategies of the Bank, and to carry out supervisory inspections of the Bank’s financial activities, operational decisions, risk management, internal control, etc.

Nomination Committee

The principal responsibilities of Nomination Committee include the following: to study standards and procedures on selecting and appointing supervisors, and to carry out preliminary review of the qualifications and competence for office of supervisors elected by general meetings and put forward corresponding recommendations. The employee representative supervisors are nominated by the Board of Supervisors and the labor union of the Bank, and are democratically elected, dismissed or replaced by employees of the Bank.