On January 8, ZYBANK announced that it recently received the "Henan Financial Regulatory Bureau's Reply on the Amendment of the Articles of Association of ZYBANK Co., Ltd." (Yu Jin Fu [2026] No. 11) issued by the National Financial Regulatory Administration's Henan Bureau. The revised Articles of Association have been formally approved and will take effect from January 5, 2026.

The announcement disclosed that ZYBANK had previously issued a relevant announcement on August 28, 2025, and a circular on October 20, 2025, explaining the proposed amendments to the Articles of Association and the abolition of the Board of Supervisors. The bank convened the second extraordinary general meeting of 2025 on November 10, 2025, which reviewed and approved the relevant resolutions. With the effectiveness of the revised Articles of Association, ZYBANK will no longer establish a Board of Supervisors from January 5, 2026. The functions and powers of the original Board of Supervisors will be exercised by the Board's Audit Committee in accordance with the "Company Law of the People's Republic of China" and other relevant laws and regulatory provisions. The various specialized committees under the Board of Supervisors will be abolished simultaneously, the current members of the Board of Supervisors will no longer hold the positions of supervisors or related roles, and the corporate governance systems related to the Board of Supervisors will also be repealed concurrently.