Ningbo Bank: plans to redeem 100 million shares and raise 1 billion yuan in the second stage of preferred shares.

Ningbo Bank announced that the company intends to redeem the second tranche of preferred shares issued privately in November 2018. The preferred shares were issued at a face value of 100 yuan per share, with a total of 100 million shares issued, raising a total of 1 billion yuan. The shares were listed for transfer on the Shenzhen Stock Exchange starting from November 28, 2018. On September 15, 2025, the Ningbo Financial Supervision Bureau confirmed no objection to the redemption. As of September 30, 2025, the company's core Tier 1 capital adequacy ratio was 9.21%, Tier 1 capital adequacy ratio was 10.70%, and capital adequacy ratio was 14.62%, meeting the redemption conditions. The redemption price is the face value plus the current dividend, and the redemption date is November 7, 2025.