Bank of Jiujiang (06190) announced that, regarding the company's proposed non-public issuance of domestic shares and H shares with a special mandate, the bank has today received letters of intent issued on January 23, 2026, from the Jiujiang Municipal Finance Bureau and Industrial Bank Co., Ltd., respectively.

According to these letters of intent, and subject to the prerequisite of obtaining all necessary regulatory approvals for this issuance and the major shareholder subscription, as well as approval from shareholders at the extraordinary general meeting and class meetings, the Jiujiang Municipal Finance Bureau intends to subscribe for domestic shares with a total amount not exceeding RMB 500 million.

Furthermore, the subscription amount is not to exceed the proportion of shares directly held by the Jiujiang Municipal Finance Bureau in the bank as of the date of the letter of intent, which is approximately 12.85% of the total funds actually raised in this issuance.

Separately, Industrial Bank Co., Ltd. intends to subscribe for an amount representing a proportion of the total funds actually raised in this issuance that does not exceed its shareholding percentage in the bank as of the date of the letter of intent, specifically approximately 10.34%.

The primary purpose of this issuance is to effectively replenish the bank's core tier-1 capital, substantially enhance its risk resilience, and optimize its equity structure.

The intended subscription for domestic shares by the major shareholders demonstrates their positive outlook on the bank's future and their support for its long-term development.

This move is conducive to optimizing the bank's capital structure, strengthening the core competitiveness of its main business, and creating greater value for shareholders.