Group 1: Election of Board Members - The company proposes to elect Mr. Liu Jinping as a director of the sixth board of directors, nominated by the major shareholder Xi'an Investment Holding Co., Ltd. His qualifications have been approved by the board [4][5] - The company also proposes to elect Ms. Zhang Lei as an independent director of the sixth board of directors, with her qualifications having been approved by the board [7] - Additionally, the company plans to elect Mr. Zhang Chengzhe as a director of the sixth board of directors, with his qualifications also approved by the board [8] Group 2: Shareholder Meeting Procedures - The shareholder meeting will be held on August 14, 2025, at 9:30 AM, combining on-site and online voting [1] - Shareholders must register before the meeting, and their voting rights may be restricted if their pledged shares exceed 50% of their holdings [2] - The meeting will follow a structured agenda, including the announcement of the meeting, reading of notices, and voting on proposals [3] Group 3: Financial Bond Issuance - The company plans to issue financial bonds (non-capital type) with a total amount not exceeding RMB 10 billion, aimed at improving asset-liability management and securing stable long-term funding [9][10] - The bonds will be issued through a book-building process and will have a maturity of up to 5 years, with fixed interest rates determined based on market conditions [10][11] - The company seeks authorization from the shareholders to adjust the issuance terms as necessary, depending on regulatory requirements and market conditions [12]

Core Viewpoint - Xi'an Bank is undergoing significant management restructuring and financing plans, focusing on internal leadership changes and a proposed issuance of up to 10 billion RMB in financial bonds [1][4][7] Management Restructuring - Zhang Chengzhe is nominated as a candidate for the board of directors, proposed to be elected as vice chairman and appointed as president, reflecting the board's confidence in internal talent development during a strategic transition [2][3] - The nomination of Liu Jinping as an independent director indicates the influence of major shareholders on the bank's strategic direction, enhancing collaboration with local economic development [2][3] - The addition of independent director Zhang Lei, a finance professor, aims to improve the board's governance and strategic decision-making capabilities [3] Financing Plans - The board approved a plan to issue financial bonds not exceeding 10 billion RMB, primarily to optimize the liability structure and support specific asset business investments [4][6] - The bond issuance is significant as it represents nearly four times the bank's projected net profit for 2024, providing a crucial channel for capital replenishment [4][6] - The current low market interest rates are favorable for reducing financing costs, and the non-capital nature of the bonds suggests a focus on supporting strategic initiatives like the establishment of a "hard technology specialty branch" [4][6] Strategic Transformation - The board's decisions signal an acceleration of Xi'an Bank's strategic transformation, including organizational restructuring and the establishment of a green finance development committee [5][6] - The creation of the "hard technology specialty branch" aligns with local government initiatives to develop high-tech industries, indicating a focus on regional advantages and policy support [6][7] - The organizational adjustments are expected to provide necessary internal support for the bank's focus on green finance and hard technology, aiming for differentiated development paths [6][7] Challenges and Opportunities - The bank's recent rapid expansion has led to challenges such as declining capital adequacy ratios and rising non-performing loan rates, making the current restructuring and financing efforts critical for future competitiveness [6][7] - The balance between serving local economic needs and achieving commercial sustainability poses a common challenge for regional banks, with Xi'an Bank's focus on "hard technology" and "green finance" representing a deep exploration of local advantages [7]

Meeting Information - The second extraordinary general meeting of shareholders for 2025 will be held on August 14, 2025, at 9:30 AM [1] - The meeting will take place at the conference room on the third floor of Xi'an Bank Building, located at No. 60 Gaoxin Road, Xi'an, Shaanxi Province [1] - Voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's online voting system [1][2] Voting Procedures - The online voting period will be from 9:15 AM to 3:00 PM on August 14, 2025 [2] - Shareholders can vote via the trading system or the internet voting platform, with specific instructions for identity verification for first-time users [5] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [5] Agenda Items - The meeting will review several non-cumulative voting proposals, including the election of directors and the issuance of financial bonds (non-capital type) [3][4] - The proposals have been approved by the company's board during its 29th meeting on July 30, 2025, and will be detailed in the meeting materials [3][4] Attendance and Registration - Shareholders registered by the close of trading on August 6, 2025, are eligible to attend the meeting [6] - Registration for the meeting will take place on August 8, 2025, with specific requirements for documentation [6] Additional Information - Contact details for inquiries include the office of the board of directors at Xi'an Bank Building, with specified phone numbers and email addresses [9]