Core Viewpoint - Jiangxi Bank is facing significant challenges related to internal control management and asset quality, highlighted by multiple regulatory fines and deteriorating financial performance [2][3][4]. Regulatory Issues - Jiangxi Bank was fined 1.06 million yuan for violating credit information regulations, with additional fines totaling 670,000 yuan for its Suzhou branch due to multiple violations [3]. - Since 2025, Jiangxi Bank and its branches have received five fines from financial regulators, totaling over 2 million yuan, indicating ongoing compliance issues [3][4]. Financial Performance - As of June 2025, Jiangxi Bank reported a non-performing loan (NPL) balance of 8.617 billion yuan, with an NPL ratio of 2.36%, which is significantly higher than the industry average of 1.76% [4]. - The bank's revenue and net profit for the first half of 2025 decreased by approximately 20% and 10%, respectively, with credit impairment losses accounting for over 60% of revenue [4][6]. Management Changes - The bank has undergone significant leadership changes since 2022, including the resignation and investigation of its former chairman and several executives, which has contributed to its current challenges [5][6]. - New executives have been appointed, including two new vice presidents in 2025, indicating a shift in management strategy [7][8]. Asset Quality Concerns - The bank's NPL rate in the real estate sector reached 19.07%, with wholesale and retail sectors also contributing significantly to the overall NPL figures [4]. - The decline in asset quality has been exacerbated by previous management practices, leading to a persistent high NPL ratio [5][6]. Market Valuation - Jiangxi Bank's stock price has plummeted from around 6 HKD at its IPO in 2018 to approximately 0.7 HKD, reflecting a significant discount in market valuation compared to its net assets [8].

Core Points - The People's Bank of China has imposed fines on Jiangxi Bank for violations related to credit information collection, provision, and management regulations [1][2] - The total fine imposed on Jiangxi Bank amounts to RMB 1.06 million, with individual fines of RMB 10,000 each for two responsible employees [1][2] Summary by Category Company Actions - Jiangxi Bank was fined RMB 1.06 million for failing to comply with credit information regulations [1][2] - Two employees, Xu and Zhou, were held responsible for the violations and fined RMB 10,000 each [1][2] Regulatory Response - The fines were issued by the Jiangxi Provincial Branch of the People's Bank of China on October 15, 2025, with the public disclosure period starting from October 17, 2025, to October 16, 2028 [1][2]

Core Viewpoint - The Jiangxi Bank Suzhou Branch has been penalized by the People's Bank of China for multiple regulatory violations, including account management and data security issues, resulting in a total fine of 672,000 yuan [1]. Summary by Categories Regulatory Violations - Jiangxi Bank Suzhou Branch violated several regulations, including account management, customer identity verification, network security, data security, and credit information management [1][2]. - Specific violations included failure to properly save customer identity information and transaction records, as well as non-compliance with credit information collection and management regulations [1][2]. Penalties Imposed - The total fine imposed on Jiangxi Bank Suzhou Branch is 672,000 yuan [1]. - Individual penalties were also levied against specific employees: - Mr. Huan, the Deputy General Manager of the Compliance Department, was fined 35,000 yuan for failing to save customer identity information and transaction records [1][2]. - Mr. Yu, the Branch Manager, and Mr. Cao, a Customer Manager, were each fined 5,000 yuan for violations related to credit information management [1][2].

Group 1 - Jiangxi Bank (01916.HK) announced that Zhang Na will resign from the position of co-secretary of the company due to work arrangement adjustments [1] - The resignation will take effect on October 17, 2025 [1]

Core Points - Jiangxi Bank (01916) announced that Ms. Zhang Na submitted her resignation as Co-Company Secretary to the board due to work arrangement adjustments, effective from October 17, 2025 [1] - Following Ms. Zhang's resignation, Mr. Wei Weifeng, another Co-Company Secretary who meets the qualifications under the Hong Kong Stock Exchange Listing Rules, will continue to serve as the Company Secretary [1]

Core Viewpoint - Jiangxi Bank announced the resignation of Ms. Zhang Na from her position as co-secretary of the company, effective October 17, 2025, due to work arrangement adjustments [1] Summary by Sections - Resignation Announcement - Ms. Zhang Na submitted her written resignation letter to the board of directors on October 17, 2025 [1] - Succession Plan - Following Ms. Zhang's resignation, Mr. Wei Weifeng, who meets the qualifications required by the Hong Kong Stock Exchange Listing Rules, will continue to serve as the company's secretary [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 JIANGXI BANK CO., LTD.* 江西銀行股份有限公司 * （於中華人民共和國註冊成立的股份有限公司） （股份代號：1916） 聯席公司秘書辭任 * 江西銀行股份有限公司並非香港法例第155章《銀行業條例》所指認可機構，不受香港金融 管理局的監督，亦不獲授權在香港經營銀行╱接受存款業務。 ** 該等董事待國家金融監督管理總局江西監管局核准其董事任職資格後履職。 江西銀行股份有限公司（「本行」）董事會（「董事會」）謹此宣佈，張娜女士（「張女 士」）因工作安排調整，於2025年10月17日向董事會提交了書面辭職信，辭去本行 聯席公司秘書職務，自2025年10月17日起生效。 張女士已確認其與本行董事會、監事會無不同意見，亦無任何有關其辭任之事宜 須敦請本行股東及債權人垂注。 於張女士辭任後，本行另一名已符合《香港聯合交易所有限公司證券上市規則》第 3.28條對公司秘書資格要求之聯席公司秘書魏偉 ...

Core Viewpoint - Jiangxi Bank (01916) has announced the approval of Mr. Li Xiuhong as a non-executive director by the extraordinary general meeting of shareholders [1] Group 1 - Mr. Li Xiuhong's appointment will take effect upon the approval of his director qualification by the Jiangxi Regulatory Bureau of the National Financial Supervision Administration [1] - His term will last until the end of the fourth board of directors' term of the bank [1]

Core Viewpoint - Jiangxi Bank (01916.HK) announced the approval of Li Xiuhong as a non-executive director by the extraordinary general meeting [1] Group 1 - The appointment of Li Xiuhong will take effect upon the approval of his director qualifications by the Jiangxi Regulatory Bureau of the National Financial Supervision Administration [1] - Li Xiuhong's term will last until the end of the fourth board of directors' term of the bank [1]

Core Points - Jiangxi Bank (01916) announced that the extraordinary general meeting has approved the election of Mr. Li Xiuhong as a non-executive director [1] - Mr. Li's term will commence upon the approval of his directorship qualification by the Jiangxi Regulatory Bureau of the National Financial Supervision Administration and will last until the end of the fourth board term of the bank [1]