The whereabouts of Liu Jing, the former vice president of Lanzhou Bank, has been officially confirmed.

Last November, due to work adjustments, Liu Jing resigned from his position as Vice President of Lanzhou Bank. At that time, the announcement stated that after Liu Jing’s resignation, he planned to hold a position in a controlled subsidiary of Lanzhou Bank. Recently, the Gansu Financial Regulatory Bureau approved Liu Jing’s qualification to serve as Chairman of Gansu Lanyin Financial Leasing.

Recently, the Gansu Financial Regulatory Bureau announced the approval, confirming Liu Jing’s qualification to serve as Chairman of Gansu Lanyin Financial Leasing (hereinafter referred to as “Lanyin Leasing”).

Last November, due to work adjustments, Liu Jing resigned from his position as Vice President of Lanzhou Bank. At that time, the announcement stated that after Liu Jing’s resignation, he planned to hold a position in a controlled subsidiary of Lanzhou Bank.

At the beginning of this year, Liu Jing began attending events as Chairman of Lanyin Leasing, until his qualification was officially approved. According to reports, on January 20, Liu Jing led a team to visit Huaxia Leasing as Party Secretary and Chairman of Lanyin Leasing.

Liu Jing, born in 1977, holds a graduate degree, a master’s degree, and is a senior economist.

His resume shows that Liu Jing has long served at Lanzhou Bank and its predecessor, Lanzhou City Commercial Bank. From 1996 to 2003, he worked at Jingyuan Road Urban Credit Cooperative in Lanzhou, Lanzhou City Commercial Bank Jingyuan Road Branch, and Credit Department. From 2003 to 2008, he was the Head of Credit Risk Department at Lanzhou City Commercial Bank’s Business Department.

After Lanzhou City Commercial Bank was renamed Lanzhou Bank in June 2008, Liu Jing successively served as Vice President of Tianshui Branch, Deputy General Manager and General Manager of the Business Department, and President of Chengguan Management Branch.

Starting March 27, 2019, Liu Jing served as Vice President of Lanzhou Bank until he left last year. In 2024, Liu Jing received a total pre-tax salary of 1.2017 million yuan from Lanzhou Bank.

Lanyin Leasing was established on December 9, 2016, as the first bank-affiliated financial leasing company in Northwest China. Previously, the company had a registered capital of 500 million yuan. Among them, Lanzhou Bank contributed 300 million yuan, holding a 60% stake.

Recently, Lanyin Leasing has undergone a new round of capital increase. On March 30, Lanzhou Bank announced that the bank held a board meeting and approved the proposal “to approve the subsidiary to increase capital by converting undistributed profits.”

The announcement shows that Lanzhou Bank’s board agreed that its controlled subsidiary, Lanyin Leasing, would convert 250 million yuan of undistributed profits into share capital in proportion to the existing shareholders’ holdings.

After the capital increase, Lanyin Leasing’s total share capital will rise from 500 million shares to 750 million shares; registered capital will increase from 500 million yuan to 750 million yuan; the shareholding ratios of all shareholders will remain unchanged. Lanzhou Bank’s total shares will increase from 300 million to 450 million, maintaining a 60% stake.