Bank of Qingdao : Announcements and Notices-ANNOUNCEMENT CHANGE OF JOINT COMPANY SECRETARY AND...

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Bank of Qingdao Co., Ltd.*

ڡࢥვБٰ΅Ϟࠢʮ̡*

(a joint stock company incorporated in the People's Republic of China with limited liability)

(H Shares Stock Code: 3866)

(Preference Shares Stock Code: 4611)

ANNOUNCEMENT

CHANGE OF JOINT COMPANY SECRETARY AND PROCESS AGENT

The board of directors (the "Board") of Bank of Qingdao Co., Ltd. (the "Bank") hereby announces that Ms. Lai Siu Kuen ("Ms. Lai") has resigned as the Bank's joint company secretary and discontinued to serve as the agent for the acceptance of service of process and notices on behalf of the Bank in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 19 October 2018 due to work re-allocation. Ms. Lai confirmed that she has no disagreement with the Board and there is no other matter relating to her resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Bank.

The Board is pleased to announce that Ms. Yu Wing Sze ("Ms. Yu") has been appointed as the Bank's joint company secretary and the Process Agent with effect from 19 October 2018 in replacement of Ms. Lai. Ms. Yu is an associate member of both The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators in the United Kingdom. Ms. Yu holds a Bachelor's Degree in Professional Accountancy from the Chinese University of Hong Kong. She has over 10 years of working experience in company secretarial profession. She is now working in TMF Hong Kong Limited.

Ms. Lu Lan ("Ms. Lu") will continue to serve as the other joint company secretary of the Bank. The Bank has applied to the Stock Exchange for, and the Stock Exchange has granted a waiver to the Bank from strict compliance with the requirements under Rules 3.28 and 8.17 of the Rules Governing the Listing of the Securities on the of the Stock Exchange (the "Listing Rules"), for a period from 19 October 2018 to 2 December 2018 (the "Waiver Period") in relation to Ms. Lu's eligibility to act as the joint company secretary on the conditions that (i) Ms. Lu will be assisted by Ms. Yu during the Waiver Period; (ii) the Bank shall notify the Stock Exchange at the end of the Waiver Period for the Stock Exchange to re-visit the situation. The Stock Exchange expects that after the end of the Waiver Period, the Bank will be able to demonstrate that Ms. Lu satisfies Rule 3.28 of the Listing Rules, having had the benefit of Ms.Yu's assistance such that a further waiver will not be necessary; and (iii) the Bank will announce details of the waiver, including its reasons and conditions. This waiver will be revoked immediately if and when Ms. Yu ceases to provide assistance to Ms. Lu. The Stock Exchange may withdraw or change it if the Bank's situation changes.

The Board would like to take this opportunity to express its sincere gratitude to Ms. Lai for her contribution to the Bank during her tenure and to express its welcome to Ms. Yu on her appointment as the Bank's joint company secretary and the Process Agent.

By order of the Board Bank of Qingdao Co., Ltd.*

GUO Shaoquan

Chairman

Shandong, the PRC, 15 October 2018

As at the date of this announcement, the Board comprises Mr. Guo Shaoquan, Mr. Wang Lin, Mr. Yang Fengjiang and Ms. Lu Lan as executive directors; Mr. Zhou Yunjie, Mr. Rosario Strano, Ms. Tan Lixia, Mr. Marco Mussita, Mr. Deng Youcheng and Mr. Choi Chi Kin, Calvin as non-executive directors; Mr. Wong Tin Yau, Kelvin, Mr. Chen Hua, Ms. Dai Shuping, Mr. Simon Cheung and Ms. Fang Qiaoling as independent non-executive directors.

*Bank of Qingdao Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong.