Core Viewpoint - The company successfully issued the "Hangzhou Bank Co., Ltd. 2025 Perpetual Capital Bonds (Second Phase)" in the national interbank bond market, with a total issuance size of RMB 10 billion [1] Group 1: Bond Issuance Details - The bond was recorded on November 25, 2025, and fully issued on November 27, 2025 [1] - The initial coupon rate for the first five years is set at 2.32%, with adjustments every five years thereafter [1] - The company has the right to redeem the bonds in whole or in part on each interest payment date starting from the fifth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement the company's other Tier 1 capital, subject to applicable laws and regulatory approvals [1]

Core Viewpoint - Hangzhou Bank has successfully issued the "2025 Perpetual Capital Bonds (Second Phase)" in the national interbank bond market, with a total issuance size of RMB 10 billion [1] Group 1: Bond Issuance Details - The bond was recorded on November 25, 2025, and completed issuance on November 27, 2025 [1] - The initial coupon rate for the first five years is set at 2.32%, with adjustments every five years thereafter [1] - The company has the right to redeem the bonds in whole or in part on each interest payment date starting from the fifth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement Hangzhou Bank's other Tier 1 capital, subject to applicable laws and regulatory approvals [1]