Bank of Shanghai: Intends to redeem 200 million preferred shares on December 19, 2025.

Shanghai Bank Announcement: The company intends to redeem 200 million preferred shares on December 19, 2025. In order to ensure fair information disclosure and protect the interests of investors, the company plans to apply for a trading halt of the preferred shares on December 18, 2025, and redeem and cancel the preferred shares on December 19, 2025.