Bank of Qingdao : Announcements and Notices-ANNOUNCEMENT THE APPLICATION FOR THE A SHARE OFFER...

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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

THE APPLICATION FOR THE A SHARE OFFERING REVIEWED AND

APPROVED BY THE PUBLIC OFFERING REVIEW COMMITTEE

OF THE CSRC

Reference is made to the announcements of Bank of Qingdao Co., Ltd. (the "Bank") dated 23

March 2018 and 15 May 2018, respectively, and the circular dated 23 April 2018 (the "Circular"), in relation to the A Share Offering and other related matters. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Bank is pleased to announce that the application for the A Share Offering of the Bank was reviewed by the Public Offering Review Committee of the CSRC on 28 August 2018. According to the review result announcement published on the website of the CSRC, the application for the A Share Offering of the Bank has been approved.

At present, the Bank has not received the written approval from the CSRC in respect of the A Share Offering of the Bank being approved (the "Written Approval"), and the Bank will make further announcement after receiving the Written Approval.

As the A Share Offering is subject to the satisfaction of certain conditions precedent, the Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Bank. This announcement does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Bank.

By order of the Board

Bank of Qingdao Co., Ltd.*

GUO Shaoquan

Chairman

Shandong, the PRC, 28 August 2018

As at the date of this announcement, the Board of Directors 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 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.