Bank Of Nanjing Co.,Ltd. has announced its intention to fully redeem a batch of preferred shares, with trading in the securities set to be suspended from next Wednesday.

The move comes after the lender received a no-objection letter from the Jiangsu Regulatory Bureau of the National Financial Regulatory Administration regarding the redemption of 50 million preferred shares. The plan has also been approved by the company's board of directors.

According to the company's official announcement, the full redemption is scheduled to take effect on September 7, 2026. To ensure fair information disclosure and protect investor interests, trading in the preferred shares, designated as "Nanyin You 2" (preferred share code: 360024), will be halted from September 4, 2026. The shares will be formally redeemed and cancelled on the scheduled redemption date.