Qingdao Bank: Guosen Financial Holding Co., Ltd. is allowed to increase its shareholding by no more than 5% within six months.

Qingdao Bank Announcement: The Qingdao Regulatory Bureau of the China Banking and Insurance Regulatory Commission has approved Qingdao Guoxin Financial Holdings Co., Ltd. to increase its stake in the bank through the secondary market within six months from the date of approval, with the increase not exceeding 5% of the total shares of the bank. After the increase, the total proportion of equity held by Guoxin Financial Holdings and its affiliates in the bank shall not exceed 19.99%.