Shareholders' meeting encounters nearly 10% dissenting votes on 6 resolutions, Jiangyin Bank responds.

Recently, Jiangyin Bank issued an announcement on the resolution of the first interim shareholders' meeting in 2025. The announcement shows that the proportion of opposing votes on some of the resolutions reviewed at the meeting is close to 10%, which has attracted market attention. There are over 60 million shares opposing six resolutions including "Amendment of the Rules of Shareholders' Meeting," "Amendment of the Rules of Board of Directors' Meeting," "Amendment of the Independent Director System," "Amendment of the Rules on Cumulative Voting System for Shareholders' Meeting," "Amendment of Interim Measures on Equity Management," and "Amendment of Rules on Related Party Transactions," accounting for around 9.6% of the total voting shares present at this shareholders' meeting. In response, relevant personnel from Jiangyin Bank stated that these opposing votes mainly came from online voting, and shareholders have the right to cast their votes in favor or against a resolution. The approximately 9% opposing vote ratio does not affect the passage of the resolutions in this meeting, nor will it affect the normal operation and development of the company. The percentage of opposing votes represents the proportion of opposing shares in the total voting shares present at the shareholders' meeting and not in the total share capital of the bank.