Bank of Qingdao Co., Ltd. (H Shares Stock Code: 3866) announced the successful issuance of 2025 Undated Capital Bonds in the national interbank bond market. According to the announcement, bookkeeping was filed on October 24, 2025, and the issuance concluded on October 28, 2025, with a total size of RMB2 billion.

The Bonds carry a coupon rate of 2.45% during the first five years and will be reset every five years thereafter. The issuer retains the right to redeem all or part of the Bonds on any dividend payment date starting from the fifth year. The proceeds, in line with applicable laws and regulatory approvals, are intended to supplement the issuer’s other tier-one capital.