In-Depth Analysis of the Performance Outlook of Bank of Guizhou After the "One President, Five Vice Presidents" Executive Structure Adjustment

Now I have collected sufficient data, let me compile a systematic and comprehensive analysis report for you.

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According to the latest regulatory approval, Bank of Guizhou has formed a “one president, five vice presidents” president structure [1][2]:

Position	Name	Background Characteristics	Approval Time of Qualification for Office
President	Wu Fan	First female president, worked at China Construction Bank for over 20 years, joined Bank of Guizhou in 2013	February 2025
Vice President	Hu Liangpin	Reappointed	—
Vice President	An Peng	Reappointed	—
Vice President	Qin Wei	Reappointed	—
Vice President	Li Jian	Newly Appointed	February 2025
Vice President	Xiang Donghai	From the Agricultural Bank of China system, former Vice President of Bijie Branch, General Manager of International Finance Department of Guizhou Provincial Branch	December 2025

The newly appointed Vice President Xiang Donghai, 51 years old, has rich management experience in large state-owned banks, and his qualification for office was officially approved by regulators in late December 2025 [1][2]. This marks the completion of the comprehensive restructuring of core executives at Bank of Guizhou in 2025.

It is worth noting that Li Zhiming, the former chairman of Bank of Guizhou, was sentenced to 16 years and 6 months in imprisonment with a fine of RMB 2.7 million by the Intermediate People’s Court of Liupanshui City, Guizhou Province in early December 2025. The judgment shows that he illegally lent over RMB 300 million during his tenure [1][2]. This legacy issue poses a continuous challenge to the new management.

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According to the data in Bank of Guizhou’s 2025 Half-Year Report [0][1]:

Indicator	Value	YoY Change	Industry Comparison
Operating Income	6.102 billion yuan	+2.26%	Average of city commercial banks is about 5%
Net Profit	2.129 billion yuan	+0.31%	Average of city commercial banks is about 6-7%
Total Assets	615.629 billion yuan (end of Q3)	Steady growth	Upper-mid tier among city commercial banks

, reflecting the significant profit pressure faced by Bank of Guizhou.

The biggest challenge faced by Bank of Guizhou lies in

[0][1][3]:

Loan Category	Non-Performing Loan Ratio	Industry Average	Gap
Real Estate Loans	9.8%	About 3-4%	+5.8 percentage points
Personal Loans	5.47%	About 2-3%	+2.5 percentage points
Corporate Loans	1.12%	About 1.5%	Relatively controllable
Overall Non-Performing Loan Ratio	1.69%	1.76% (average of city commercial banks)	Slightly better than the industry

The non-performing loan ratio of real estate loans is as high as 9.8%, significantly higher than the industry average, which is the core factor dragging down the net profit growth rate.

Bank of Guizhou’s business structure has obvious problems of

[4]:

Business Type	Proportion	Industry Characteristics
Corporate Loans	83.88%	City commercial banks generally have over 70%
Personal Loans	13.72%	Leading city commercial banks generally have over 30%
Proportion of Retail Deposits	Low	Deposit stability needs to be improved

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After President Wu Fan took office,

[3]:

• Electronic Banking Platform Upgrade
  : In November 2025, two bidding announcements were released to launch the construction of the “New Electronic Banking Platform” [1][2]
• Transformation of Existing Platforms
  : The existing electronic banking platform has been in operation for over 10 years, and there is an urgent need to improve R&D and operation integration (DevOps) capabilities [1]
• Launch of HarmonyOS Version of Mobile Banking
  : Deepen cooperation with Huawei to promote digital upgrading [3]

According to public information, the new management team has launched the following strategic initiatives [3]:

Strategic Direction	Specific Measures	Expected Effect
Large-Scale Inclusive Finance	Promote online products such as “Tax Easy Loan” and “Business Express Loan”	Expand the customer base of small and micro enterprises
Deeply Cultivate Guizhou’s Characteristic Industries	Financing for liquor dealers, digital platform for tea industry	Leverage shareholder resources from Moutai
Green Finance Innovation	Establish a dual-track model of “green credit + transition finance”	Seize policy opportunities
Enhancement of Intermediary Business	Wealth management, settlement fees, scenario-based services of “Bank-School Treasure”	Increase the proportion of non-interest income
Expansion of Financial Market Business	Expand the scale of bond investment and interbank business	Enhance revenue stability
Reduction of Non-Performing Loans	Technology empowerment + mechanism constraints + capital supplementation	Improve asset quality

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1. Existing Risks Are Still Exposed
   : The 9.8% non-performing loan ratio of real estate loans takes time to digest
2. Net Interest Margin Continues to Be Under Pressure
   : The net interest margin of city commercial banks is about 1.37%, which has dropped significantly from the previous high [4]
3. Increased Compliance Costs
   : Received two fines in December 2025, with a total fine of 800,000 yuan [1]
4. High Volatility of Non-Interest Income
   : Net non-interest income in the first half of 2025 decreased by 2.23% YoY [3]

Positive Factor	Specific Performance
Marginal Improvement in Asset Quality	The overall non-performing loan ratio has dropped from 1.72% at the end of 2024 to 1.69% [0]
Increase in the Proportion of Non-Interest Income	The proportion of non-interest income increased from 22.87% to 26.22% in 2024 [3]
Accelerated Layout of Retail Business	The scale of inclusive finance and small and micro loans continues to grow
New Executive Team Has Rich Experience	Wu Fan’s 20 years of experience at China Construction Bank + Xiang Donghai’s background at Agricultural Bank of China

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Indicator	Bank of Guizhou	Leading City Commercial Banks (e.g., Bank of Jiangsu, Bank of Ningbo)
Asset Scale	615.6 billion yuan	3-4 trillion yuan
Operating Income Growth Rate	2.26%	6-8%
Net Profit Growth Rate	0.31%	6-10%
Proportion of Personal Loans	13.72%	30-38%
Digitalization Level	Initial Stage	Leading Level

As a

, Bank of Guizhou has the following regional advantages:

• Major Shareholder Resources
  : China Kweichow Moutai Group is the largest shareholder, enabling the expansion of liquor industry chain finance
• Deep Regional Cultivation
  : Rooted in Guizhou, aligned with the “Four News and Four Modernizations” (New Industrialization, New Urbanization, Agricultural Modernization, Tourism Industrialization) strategy
• Policy Support
  : As a provincial-level legal person bank, it has an important position in the local financial system

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Risk Type	Specific Content	Risk Level
Real Estate Risk	9.8% non-performing loan ratio, existing risks will be exposed for a long time	★★★★★
Compliance Risk	Aftermath of the former chairman’s case, regulatory fines	★★★★☆
Profit Pressure	Narrowing net interest margin, volatility of non-interest income	★★★☆☆
Interbank Competition	Leading city commercial banks squeeze market space	★★★☆☆

Catalyst	Expected Time	Potential Impact
Effects of Digital Transformation Become Evident	1-2 years	Improve operational efficiency and reduce costs
Real Estate Risks Are Cleared	2-3 years	Pressure for provisioning is relieved
Increase in the Proportion of Retail Business	1-3 years	Revenue structure is optimized
Synergy Effect of New Management Team	1-2 years	Strategic execution capability is enhanced

: The adjustment of Bank of Guizhou’s “one president, five vice presidents” executive structure , for the following reasons:

1. Legacy Issues Still Need to Be Resolved
   : High non-performing loan ratio of real estate loans, impact of the former chairman’s case
2. Strategic Transformation Takes Time to Show Results
   : Digital transformation and retail business expansion are medium-to-long-term projects
3. Industry Environment Is Under Pressure
   : Narrowing net interest margin, intensified interbank competition

, under the leadership of the new management team, Bank of Guizhou is expected to achieve performance improvement through the following paths:

• Asset quality gradually stabilizes (marginal improvement in non-performing loan ratio has emerged)
• Revenue structure continues to be optimized (proportion of non-interest income increases)
• Digital transformation improves operational efficiency
• Deeply cultivate Guizhou’s characteristic industries to form differentiated competitive advantages

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[1] Bullet Finance “Bank of Guizhou’s Executive Restructuring: The New Pattern of ‘One President, Five Vice Presidents’, How to Resolve the Former Chairman’s Downfall and Fines?” (https://news.qq.com/rain/a/20260101A05B1T00)

[2] Sina Finance “Bank of Guizhou’s Executive Restructuring: The New Pattern of ‘One President, Five Vice Presidents’, How to Resolve the Former Chairman’s Downfall and Fines?” (https://finance.sina.com.cn/wm/2026-01-01/doc-inheuffs8580226.shtml)

[3] Zhengjing Society “After Almost Five Years, Bank of Guizhou Still Hasn’t Shaken Off That Bunch of Burdens” (https://m.sohu.com/a/964471818_120258424)

[4] 36Kr “In the First Half of 2025, Banks’ Net Profit Reached 1.2 Trillion Yuan” (https://m.36kr.com/p/3429141104171143)

[5] Hexun.com “Digital Transformation Continues to Empower, Bank of Guizhou’s 2025 Half-Year Report Sees Double Growth in Operating Income and Net Profit” (https://bank.hexun.com/2025-09-23/221504599.html)

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: This report is compiled and analyzed based on public information and does not constitute investment advice. As a regional city commercial bank, Bank of Guizhou’s performance improvement will largely depend on the strategic execution capability of the new management team, the progress of real estate risk resolution, and changes in the macroeconomic environment. Investors should closely follow the bank’s subsequent quarterly financial reports and regulatory penalty situations.