“Bank of Qingdao (青島銀行) Releases Articles of Association with Total Issued Shares of 5.82 Billion”

Bulletin Express
2025/11/25

Bank of Qingdao Co., Ltd. (Chinese name in short: 青島銀行; English name in short: BANK OF QINGDAO) announced its Articles of Association effective November 2025. The document outlines the bank’s organizational structure, corporate governance, scope of business, share classes, and other core provisions governing shareholders, directors, and senior management.

According to the announcement, the total issued share capital of the Bank stands at RMB 5,820,354,724, divided into 5,820,354,724 ordinary shares. Of these, 3,528,409,250 are A shares (60.62% of the total), while 2,291,945,474 are H shares (39.38% of the total). The Articles detail the rights of shareholders, including voting methods and dividend distribution, and specify the procedures for share purchases, mergers, divisions, and liquidation. It underscores the requirement for thorough internal auditing, risk management, and compliance systems, reflecting a commitment to regulatory standards. The document further clarifies arrangements for the scope of business, leadership responsibilities, and corporate governance processes such as directors’ election, Board meetings, and legal obligations of senior management.

This release also highlights that Bank of Qingdao Co., Ltd. operates under a “class one legal person system” and emphasizes the obligations of senior management regarding the publication of financial and accounting reports. The Articles finalize details on amendments, profit distribution, internal auditing, and responsibilities toward preferential share classes. The bank notes that the Articles of Association shall become effective upon obtaining approval from the relevant regulatory authorities. The full text covers provisions ranging from directors’ fiduciary responsibilities to shareholders’ meeting procedures, indicating a structured and transparent governance framework.

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