Nanjing High-Tech boosts stake in Bank of Nanjing

Nanjing High-Tech Co., Ltd., a significant shareholder in Bank of Nanjing Co., Ltd., has increased its stake in the bank. Between August 7, 2025, and September 18, 2025, Nanjing High-Tech acquired an additional 123,218,159 shares through concentrated bidding on the Shanghai Stock Exchange, utilizing its own funds.

This latest acquisition boosts Nanjing High-Tech's total shareholding in Bank of Nanjing from 9.00% to 9.99% of the bank's total share capital. The company affirmed that this share increase reflects its confidence in Bank of Nanjing's future development and value appreciation.

Nanjing High-Tech has committed not to reduce its holding in Bank of Nanjing within the legally stipulated period. The transaction, funded entirely by Nanjing High-Tech's own capital, does not trigger a mandatory tender offer and complies with relevant laws and regulations. All shares held by Nanjing High-Tech following this change carry full voting rights and are not subject to any voting rights entrustment or restrictions.