Bank of Nanjing reports strong first-half growth, plans shareholder meeting

Bank of Nanjing Co., Ltd. reported solid financial performance for the first half of 2025. Total assets increased by RMB310.04 billion (11.96%) to RMB2,901.44 billion, and net profit attributable to shareholders rose by 8.84% to RMB12.62 billion. The bank's ordinary shares increased by 1,119,266,923 shares through convertible bond conversions, bringing the total share capital to 12,186,852,407 shares. The bank also successfully redeemed all its convertible bonds.

The board of directors approved the 2025 semi-annual report, the third-pillar information disclosure report, and the 2025 recovery plan. The board will convene an extraordinary general meeting on September 16, 2025. Shareholders will be asked to approve amendments to the articles of association, rules of procedure for the general meeting and board of directors, and related party transaction management rules. These changes include adjustments to the board's specialized committees and an update to the bank’s internal compliance policies.