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The Former Chairman of Nanjing Bank Has Had His National People's Congress Representative Status Revoked, and the Former President Has Been Sentenced.
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Hu Shengrong, former chairman of Nanjing Bank, had his National People's Congress representative status terminated on September 9, 2026; his deputy and partner, former president of Nanjing Bank, Shu Xingnong, has surrendered himself to the authorities and been sentenced to 5 years and 6 months in prison. Since 2025, Nanjing Bank has experienced a series of compliance risks and has been fined frequently.
·New York, United States
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