BQD (03866) has completed the issuance of 2026 secondary capital bonds.

BQD (03866) announced that, with the approval of the Qingdao Regulatory Bureau of the National Financial Supervision and Administration and the People's Bank of China, BQD Co., Ltd. has recently successfully issued the 2026 Tier 2 Capital Bonds of BQD Co., Ltd. (the Current Bonds) in the national interbank bond market. The Current Bonds were recorded on August 10, 2026, and all were issued by August 12, 2026, with an issuance size of 2 billion RMB. They are 10-year fixed-rate bonds with a conditional issuer redemption right at the end of the fifth year, and a coupon rate of 1.93%. The funds raised from this bond issuance will, in accordance with applicable laws and the approval of regulatory authorities, be used to replenish the bank's Tier 2 capital.