Bank of Nanjing shareholders approve registered capital change at extraordinary meeting

Bank of Nanjing Co., Ltd. held its second extraordinary general meeting of shareholders for 2025 on November 12, 2025, at its Hexi Headquarters in Nanjing. The meeting, chaired by chairman Xie Ning, approved a resolution to change the company's registered capital.

Out of 649 attendees, representing 68.4766% of total voting shares, 8,464,393,787 shares voted in favor, 1,489,388 shares against, and 268,976 shares abstained. This constituted a special resolution, requiring approval by more than two-thirds of the voting rights, which it achieved with 99.9792% in favor.

The meeting procedures, including its convocation and conduct, were confirmed as compliant with the "Company Law of the People's Republic of China" and other relevant regulations by Jiangsu Golden Harvest Law Firm. Attorneys Xia Weijian and Gu Xiaochun affirmed the legal validity of the meeting's resolutions.

The decision to change the registered capital, initially proposed by the Tenth Board of Directors at its fourteenth meeting on October 27, 2025, was announced on October 28, 2025. This change will impact the company's financial structure and potentially its operational capabilities going forward.