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Zhongyuan Bank Shareholders Approve Acquisitions of Two Rural Banks at Extraordinary Meeting

Story Highlights
  • Zhongyuan Bank held its 2025 third extraordinary general meeting in Zhengzhou in full compliance with regulatory and corporate governance requirements.
  • Shareholders overwhelmingly approved special resolutions to acquire two rural banks and convert them into branches, consolidating Zhongyuan Bank’s regional network.
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Zhongyuan Bank Shareholders Approve Acquisitions of Two Rural Banks at Extraordinary Meeting

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Zhongyuan Bank Co., Ltd. Class H ( (HK:1216) ) has issued an announcement.

Zhongyuan Bank Co., Ltd. reported that its 2025 third extraordinary general meeting was duly convened in Zhengzhou on 24 December 2025, with directors in attendance and the meeting held in compliance with PRC laws, regulations and the bank’s Articles of Association. Shareholders and authorized representatives holding approximately 9.98 billion shares participated, and after applying voting-rights restrictions on heavily pledged shares, 9.38 billion shares were entitled to vote. Two special resolutions were overwhelmingly approved by poll, authorizing the bank’s implementation plans to acquire Jiaxian Guangtian County Bank and Xiangcheng Zhongyuan Rural Bank and to convert each into a branch, moves that consolidate the bank’s regional footprint and are expected to streamline its structure and strengthen its presence in Henan’s county-level banking market.

More about Zhongyuan Bank Co., Ltd. Class H

Zhongyuan 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 1216. Headquartered in Henan Province, the bank primarily provides comprehensive banking and financial services to domestic and H-share investors, with a particular focus on regional financial development in central China.

Average Trading Volume: 1,562,795

Technical Sentiment Signal: Sell

Current Market Cap: HK$11.33B

Find detailed analytics on 1216 stock on TipRanks’ Stock Analysis page.

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