BNP Paribas boosts stake in Bank of Nanjing to nearly 17%

French bank BNP Paribas, including its QFII entity, has increased its stake in Bank of Nanjing Co., Ltd., with total shareholding rising from 16.14% to 17.02%. This 0.87% increase in the bank's total share capital occurred through a series of concentrated transactions on the Shanghai Stock Exchange between September 22 and September 26, 2025.

The direct shareholding of BNP Paribas (QFII) increased from 419,851,157 shares (3.40%) to 527,945,107 shares (4.27%). This acquisition of 108,093,950 shares was financed entirely by BNP Paribas's own funds. The remaining portion of BNP Paribas's stake, held by other entities within the group, remained unchanged at 1,576,214,136 shares (12.75%).

Bank of Nanjing confirms this equity change is an increase in shares and does not trigger a mandatory tender offer. The transaction complies with all relevant laws and regulations, and all shares held by BNP Paribas after the adjustment carry full voting rights without any restrictions or entrustments.