According to the approval issued by the Zhejiang Supervisory Authority of the State Administration of Financial Supervision and Administration, it has agreed that Jiaxing Bank will issue capital instruments of no more than 2.4 billion yuan. When issuing and managing capital instruments, Jiaxing Bank shall strictly abide by the “Commercial Bank Capital Management Measures” and other relevant regulations. The bank can independently determine the type, distribution time, batch and scale of the specific tool within the approved quota, and complete the distribution within 24 months after approval.

According to the approval issued by the Zhejiang Supervisory Authority of the State Administration of Financial Supervision and Administration, it has agreed that Jiaxing Bank will issue capital instruments of no more than 2.4 billion yuan. When issuing and managing capital instruments, Jiaxing Bank shall strictly abide by the “Commercial Bank Capital Management Measures” and other relevant regulations. The bank can independently determine the type, distribution time, batch and scale of the specific tool within the approved quota, and complete the distribution within 24 months after approval.