Ningbo Bank Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Triggering Circumstances and Review Procedures
From January 1, 2025, to December 31, 2025, the stock price of Ningbo Bank Co., Ltd. (hereinafter referred to as "the Company") closed below the audited net asset value per share attributable to ordinary shareholders for 12 consecutive months. Specifically, from January 1, 2025, to April 9, 2025, the stock price closed below the audited net asset value of 26.71 yuan per share for the fiscal year 2023; from April 10, 2025, to December 31, 2025, it closed below the audited net asset value of 31.55 yuan per share for the fiscal year 2024. According to the China Securities Regulatory Commission's "Guidelines for the Supervision of Listed Companies No. 10 - Market Value Management," the Company is required to formulate a valuation enhancement plan. On February 26, 2026, the first meeting of the ninth board of directors reviewed and approved the "Valuation Enhancement Plan of Ningbo Bank Co., Ltd.," with all directors unanimously agreeing to the proposal.
II. Specific Plan for Valuation Enhancement
(1) Upholding Mission and Building a High-Quality Development Moat
The Company will consistently adhere to its mission of serving the public and the real economy, deeply understanding the political and public nature of financial work, and earnestly implementing the decisions of governments and financial regulatory authorities at all levels. The focus will be on customer-centricity, creating value for customers through professionalism, and achieving stable and sustainable development.