Bank of Nanjing to redeem and delist convertible bonds

** Bank of Nanjing (SSE:601009) has announced it will redeem all outstanding "Nanjing Bank Convertible Bonds" (SSE:113050) at a price of CNY 100.1537 per bond, including accrued interest. The redemption record date is set for July 17, 2025, with the redemption payment date on July 18, 2025. The last trading day for the bonds is July 14, 2025, and the last conversion day is July 17, 2025. Following the redemption, the "Nanjing Bank Convertible Bonds" will be delisted from the Shanghai Stock Exchange, effective July 18, 2025. Bondholders are advised to either trade their bonds or convert them into shares at a conversion price of CNY 8.02 per share before the respective deadlines to avoid potential investment losses. This decision was triggered as the bank's A-share price exceeded 130% of the prevailing conversion price for 15 consecutive trading days.