Harbin Bank shareholders approve four mergers

Harbin Bank Co., Ltd. announced that all four proposed resolutions at its 2025 third extraordinary general meeting (EGM) held on October 22, 2025, were passed by poll. The resolutions pertained to the absorption and merger of four village and township banks—Chongqing Dadukou Rongxing, Chongqing Shapingba Rongxing, Chongqing Wulong Rongxing, and Nehe Rongxing—and their subsequent conversion to sub-branches. Each resolution received 7.81bn "For" votes, representing 99.997902% of the total votes, with 164,000 "Against" votes (0.002098%) and 0 abstentions.

As of the EGM date, Harbin Bank had 10.99bn issued shares. A total of 21 shareholders and valid proxies, holding an aggregate of 7.81bn shares with voting rights, were present, representing approximately 71.08% of the total issued shares. The resolutions passed as special resolutions, having secured two-thirds or more of the votes from attending shareholders.

The EGM was chaired by Deng Xinquan, chairman of the board. Computershare Hong Kong Investor Services Limited acted as the scrutineer for the vote-taking. Harbin Bank reiterated that it is not an authorized institution under the Banking Ordinance (Chapter 155 of Laws of Hong Kong) and is not supervised by the Hong Kong Monetary Authority.