China CITIC Bank issued an announcement stating that on February 20, 2025, the board of directors of China CITIC Bank deliberated and approved a capital increase of RMB 3 billion for the wholly-owned subsidiary CITIC Financial Leasing Co., Ltd., and agreed that CITIC Financial Leasing would convert undistributed profits of RMB 3 billion into registered capital. According to the announcement, this capital increase does not constitute a related transaction as stipulated in the “Shanghai Stock Exchange Stock Listing Rules” and does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”. At the same time, this capital increase is yet to be approved by the relevant supervisory authorities.

China CITIC Bank issued an announcement stating that on February 20, 2025, the board of directors of China CITIC Bank deliberated and approved a capital increase of RMB 3 billion for the wholly-owned subsidiary CITIC Financial Leasing Co., Ltd., and agreed that CITIC Financial Leasing would convert undistributed profits of RMB 3 billion into registered capital. According to the announcement, this capital increase does not constitute a related transaction as stipulated in the “Shanghai Stock Exchange Stock Listing Rules” and does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”. At the same time, this capital increase is yet to be approved by the relevant supervisory authorities.