Jinshang Bank Wins Approval for Articles Change and Dissolves Board of Supervisors

Jinshang Bank Co., Ltd. Class H ( (HK:2558) ) has provided an announcement.

Jinshang Bank has obtained regulatory approval from the Shanxi Bureau of the National Financial Regulatory Administration for amendments to its Articles of Association, which take effect on April 27, 2026 and are now available on the HKEXnews and bank websites. This approval triggers a governance overhaul under which the bank dissolves its Board of Supervisors, transfers its oversight functions to the audit committee of the Board of Directors, abolishes related governance documents and special committees, and confirms that all outgoing supervisors leave without disagreement, signaling a streamlined supervisory structure for stakeholders.

Following the implementation of the amended Articles of Association, the Board of Supervisors and its special committees will cease to exist, and the audit committee will assume their statutory functions and powers in line with applicable laws and regulations. The bank has expressed gratitude to its former supervisors for their contributions and clarified that there are no outstanding issues requiring shareholder attention, aiming to reassure investors and maintain confidence amid the transition in its corporate governance framework.

More about Jinshang Bank Co., Ltd. Class H

Jinshang Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China and listed in Hong Kong under stock code 2558. It operates as a mainland Chinese bank that is not an authorized institution under Hong Kong’s Banking Ordinance, is not supervised by the Hong Kong Monetary Authority, and is not permitted to conduct banking or deposit‑taking business in Hong Kong.

Average Trading Volume: 4,333

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$8.06B

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