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The Bank of Shanghai announced that the 9th meeting of the company's board of directors in 2026 reviewed and passed three related transaction proposals: it is proposed to grant the wholly-owned subsidiary SSB Hong Kong an equivalent credit line of 11.6 billion yuan, valid for 3 years for guarantees, trade finance, etc.; it is proposed to grant the Postbank a credit line of 17.5 billion yuan, valid for non-interbank businesses such as bill discounting, trade finance, etc.; and a credit line of 7 billion yuan, valid for 1 year for interbank lending and bond investment. The above transactions are all credit guarantees. They are the company's normal business. The pricing is not superior to similar unrelated party businesses, and they will not have a significant impact on the company's operations and financial situation.
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The Bank of Shanghai announced that the 9th meeting of the company's board of directors in 2026 reviewed and passed three related transaction proposals: it is proposed to grant the wholly-owned subsidiary SSB Hong Kong an equivalent credit line of 11.6 billion yuan, valid for 3 years for guarantees, trade finance, etc.; it is proposed to grant the Postbank a credit line of 17.5 billion yuan, valid for non-interbank businesses such as bill discounting, trade finance, etc.; and a credit line of 7 billion yuan, valid for 1 year for interbank lending and bond investment. The above transactions are all credit guarantees. They are the company's normal business. The pricing is not superior to similar unrelated party businesses, and they will not have a significant impact on the company's operations and financial situation.
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