Bank of Qingdao dissolves board of supervisors, revises articles

Bank of Qingdao announced on November 25, 2025, that the Qingdao Bureau of National Financial Regulatory Administration approved amendments to its articles of association. These amendments, previously approved at the 2025 first extraordinary general meeting and class meetings, will lead to the dissolution of the bank’s board of supervisors. The audit committee of the board of directors will now assume the functions and powers previously held by the board of supervisors, and related systems will be abolished.

The amended articles of association also include a change in the name of the "Strategy Committee of the Board of Directors" to the "Strategy and Sustainability Committee of the Board of Directors." This aligns with the bank’s revised operational guidelines. Supervisors Mr. He Liangjun, Mr. Wang Dawei, Ms. Liu Wenjia, Mr. Jiang Xinglu, and Mr. Lu Kun will no longer serve in their roles, having confirmed no disagreement with the changes.

The full text of the amended articles of association is publicly available for investor reference on several stock exchange and bank websites.