Qingdao Bank major shareholder increases stake to 15% with further plans

Qingdao Guoxin Finance Holding (Group) Co., Ltd., a shareholder of Qingdao Bank, announced an increase in its stake. On September 15, 2025, the company acquired an additional 582,500 H-shares of Qingdao Bank through the Stock Connect, representing 0.01% of the bank's total shares. Following this transaction, Qingdao Guoxin Finance Holding's total holdings in Qingdao Bank reached 655,205,743 shares, or 11.26% of the total shares.

When combined with its concerted parties, Qingdao Guoxin Financial Holding Co., Ltd. and Qingdao Guoxin Capital Investment Co., Ltd., their aggregate holdings in Qingdao Bank now total 873,053,673 shares, reaching 15.00% of the total shares and triggering a 5% integer multiple disclosure. This acquisition underscores confidence in the bank's long-term investment value, with plans to further increase the combined stake to between 19.00% and 19.99% within the next 12 months, involving an additional 233,396,500 to 291,017,736 shares.

This increase follows prior approvals from the National Financial Regulatory Administration's Qingdao Regulatory Bureau and adheres to relevant lock-up periods, with the newly acquired H-shares subject to a 5-year restriction on transfer.