Bank of Hangzhou announces preferred stock dividend and share redemption

Bank of Hangzhou announced a cash dividend of 4.00 yuan (tax inclusive) per share for its "Hangyin You 1" preferred stock. The last trading day for these shares is December 11, 2025, with the record date and ex-dividend date both set for December 12, 2025. The dividend payment date is December 15, 2025.

Concurrently, the bank issued a third reminder regarding the redemption of its preferred shares. The company plans to redeem all 100 million "Hangyin You 1" preferred stock shares, with a total face value of 100 yuan per share, amounting to 10 bn yuan. The redemption price will be the face value plus any declared and unpaid dividends for the current period, aligning with the dividend payment date of December 15, 2025.

This redemption follows approvals from the company’s board of directors and the Zhejiang regulatory bureau of the National Financial Regulatory Administration. The bank will pay shareholders the preferred stock’s face value and accumulated dividends from December 15, 2024, to December 14, 2025, on the redemption date.