On November 25, Bank of Qingdao announced that its 2025 First Extraordinary General Meeting, 2025 First A-Share Class Meeting, and 2025 First H-Share Class Meeting held on September 26, 2025, approved the "Proposal on Amending the Articles of Association of Bank of Qingdao Co., Ltd." Additionally, the 2025 First Extraordinary General Meeting passed the "Proposal on Abolishing the Board of Supervisors of Bank of Qingdao Co., Ltd."
The bank stated that it recently received approval from the Qingdao Bureau of the National Financial Regulatory Administration (Approval No. QJRF [2025] 278) regarding the amendments to its Articles of Association. The revised Articles of Association (hereinafter referred to as the "Articles") have been officially approved.
Effective from the approval date of the revised Articles, the bank’s "Board Strategy Committee" has been renamed the "Board Strategy and Sustainable Development Committee." Furthermore, the Board of Supervisors will no longer be maintained, with its statutory functions transferred to the Board Audit Committee in accordance with relevant laws and regulations. All sub-committees under the Board of Supervisors will also be dissolved, and related supervisory systems will be abolished.
Mr. He Liangjun, Mr. Wang Dawei, Ms. Liu Wenjia, Mr. Jiang Shenglu, and Mr. Lu Kun have stepped down from their roles as supervisors and related positions. The bank confirmed no disagreements with the Board of Directors or the Board of Supervisors and noted no additional matters requiring shareholder or creditor attention regarding their departure. As of the announcement date, none of the former supervisors held shares in the bank, and there were no outstanding public commitments.
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