Jinshang Bank to hold EGM on December 19 for key board, financial decisions

Jinshang Bank Co., Ltd. will convene its 2025 first extraordinary general meeting (EGM) on December 19, 2025, to seek shareholder approval on several key resolutions. These include the proposed re-election and appointment of directors for the seventh session of the board, determining the write-off amount for non-performing assets, and authorizing the issuance of sci-tech innovation bonds.

The board proposes the re-election of Ms. Hao Qiang, Mr. Zhang Yunfei, and Mr. Wang Qi as executive directors, alongside various non-executive and independent non-executive director candidates. The write-off amount for non-performing assets for 2026 is set at RMB1.5 bn, encompassing disposal losses.

Furthermore, the bank plans to issue sci-tech innovation bonds not exceeding RMB2.0 bn, with a duration of up to 5 years, to support technological innovation initiatives. Shareholders wishing to attend and vote at the EGM must register by December 15, 2025.