Bank Of Hangzhou Co.,Ltd. Announces Cash Dividend of RMB 4.00 per Preferred Share (Tax Inclusive)

Deep News12-04

On December 4, Bank Of Hangzhou Co.,Ltd. announced that its 2017 interim shareholders' meeting reviewed and approved the proposal authorizing the board of directors and designated personnel to handle matters related to the private issuance of preferred shares. The board was authorized to declare and pay dividends on all preferred shares after issuance, within the legal and regulatory framework and the principles approved by the shareholders' meeting.

On December 2, 2025, Chairman Song Jianbin signed the decision to distribute the eighth annual dividend for the company's preferred shares (Hangzhou Bank Preferred 1), approving the dividend payment plan.

The dividend accrual period begins on December 15, 2024. Based on the 4.00% coupon rate of Hangzhou Bank Preferred 1, each preferred share will receive a cash dividend of RMB 4.00 (tax inclusive). With 100 million preferred shares issued, the total cash dividend amounts to RMB 400 million (tax inclusive). The dividend payment date is set for Monday, December 15, 2025.

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