Harbin Bank Plans Mergers and Reorganization

Harbin Bank Co., Ltd. Class H (HK:6138) has released an update.

Harbin Bank Co., Ltd. has announced its second extraordinary general meeting for 2024, where it will discuss and potentially approve the absorption and merger of four different Village and Township Banks, transforming them into sub-branches. The management team is also seeking authorization for the reorganization of the Village Banks, empowering the Board to handle all related matters. The meeting is scheduled for 9:00 a.m. on August 26, 2024, at the Harbin Bank Headquarters in China.

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