[Citic Bank: Fang Heying succeeds Zhu Hexin as chairman and executive in controlling shareholder's part-time job has been solved] Xinhua News Agency, April 21, Citic Bank today disclosed its reply to the inquiry letter on the review of the rights issue on the Shanghai Stock Exchange. the reasons for the changes in senior executives that once attracted attention this week have also been revealed. The announcement shows that Citic Bank currently does not have senior managers working part-time in the controlling shareholders. Due to the need of work arrangement, Zhu Hexin has resigned as chairman of the issuer and Fang Heying has resigned as president of the issuer. And the newly appointed president Liu Chengwei holds other administrative positions except directors and supervisors in the controlling shareholder CITIC Co., Ltd., and the actual controller Citic Group. Liu Cheng also did not hold any other administrative positions except directors and supervisors in the CITIC Financial Control Office. (reporter Luo Keguan)