Bank of Hangzhou completes preferred share redemption and delisting

Bank of Hangzhou has successfully completed the full redemption and delisting of its preferred shares, "Hangyin You 1," with code 360027. These preferred shares, totaling 100 million units, were initially issued on December 15, 2017, with an aggregate issuance size of RMB 10 billion.

On December 15, 2025, the company paid the full par value of the preferred shares and dividends accrued from December 15, 2024, to December 14, 2025, to registered shareholders. The total payment for the redemption amounted to RMB 10.4 billion.

According to data provided by China Securities Depository and Clearing Corporation Limited Shanghai Branch, all preferred shares were canceled on December 15, 2025, thereby completing the redemption and delisting process. This announcement was made by the board of directors of Bank of Hangzhou on December 17, 2025.