Weihai bank has always regarded corporate governance as the foundation for high-quality development, continuously deepened the organic integration of Party leadership and corporate governance, continuously established and improved the corporate governance structure system composed of shareholders' meeting, board of Directors, and senior management, and committed to building a modern financial enterprise system with Chinese characteristics. The Shareholders meeting is the highest authority, and shareholders exercise their voting rights and participate in major decisions of the company by attending the shareholders meeting in accordance with the law. The Board of Directors is responsible to the Shareholders general meeting and bears ultimate responsibility for the operation and management of the Bank. There are six specialized committees under it, including Strategic Development and Social Responsibility Committee, Related Party Transactions Control Committee, Risk Management Committee, Nomination and Remuneration Committee, Audit Committee, and Consumer Rights Protection Committee.
The Shareholders’ Meeting, the Board of Directors, and the Senior Management of the Bank each fulfill their respective responsibilities, operate in co-ordinance, and effectively check and balance, safeguard the interests of shareholders and the legitimate rights and interests of stakeholders including depositors, and ensure the sustained and stable development of the Bank.