Bank of Nanjing (SHA:601009) redeemed preferred shares worth 5 billion yuan, according to a Shanghai bourse filing on Wednesday.

The payment, which amounted to 5.20 billion yuan, consisted of the par value of the preferred shares and dividends for the holding period between Sept. 5, 2025 and Sept. 4 this year.

The preferred shares were delisted and cancelled on Sept. 7 after redemption.