Nanjing Bank's major shareholder ups stake to 13.02%

Nanjing Bank Co., Ltd. announced that its major shareholder, Nanjing Zijin Investment Group Co., Ltd. (Zijin Group), and its subsidiary, Zijin Trust Co., Ltd., have increased their combined stake in the bank. Between July 18, 2025, and September 10, 2025, Zijin Trust acquired an additional 56,779,756 shares, representing 0.46% of Nanjing Bank’s total share capital, through centralized bidding on the Shanghai Stock Exchange.

This acquisition raised the combined equity interest of Zijin Group and Zijin Trust from 12.56% to 13.02%, crossing the 1% integer threshold. Zijin Trust's individual stake increased from 1.79% (221,668,574 shares) to 2.25% (278,448,330 shares), while Zijin Group's direct holding remained at 10.76% (1,330,914,235 shares). The increase was funded by Zijin Trust's own capital and did not trigger a mandatory tender offer.

Zijin Group and its subsidiary, Zijin Trust, have affirmed their commitment not to reduce their holdings in Nanjing Bank within the legally prescribed period. All shares held by the entities now carry voting rights.