China Bohai Bank : ANNOUNCEMENT ON COMPLETION OF ISSUE OF SPECIAL FINANCIAL BONDS FOR LOANS TO SMALL AND MICRO ENTERPRISES

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CHINA BOHAI BANK CO., LTD.

渤海銀行股份有限公司

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

(Stock Code: 9668)

ANNOUNCEMENT ON COMPLETION OF ISSUE OF SPECIAL FINANCIAL

BONDS FOR LOANS TO SMALL AND MICRO ENTERPRISES

CHINA BOHAI BANK CO., LTD. (the "Bank") is pleased to announce that, as considered and approved at the 2019 annual general meeting of the Bank and approved by the China Banking and Insurance Regulatory Commission and the People's Bank of China, the bookkeeping of the Bank's 2020 special financial bonds for loans to small and micro enterprises in the amount of RMB10 billion (the "Bonds") was filed on 18 August 2020, the issue of the Bonds was completed on 20 August 2020 and the Bonds shall accrue interest with effect from 20 August 2020.

The total issue size of the Bonds is RMB10 billion. The Bonds are three-year fixed rate bonds with a coupon rate of 3.55%.

The proceeds from the issue of the Bonds will be entirely used to grant loans to small and micro enterprises according to applicable laws and regulatory approvals.

By order of the Board of Directors

CHINA BOHAI BANK CO., LTD.

LI Fuan

Chairman

Tianjin, the PRC

August 20, 2020

As of the date of this announcement, the board of directors of the Bank comprises Mr. LI Fuan, Mr. QU Hongzhi, Mr. LI Yi and Mr. DU Gang as executive directors; Mr. FUNG Joi Lun Alan, Mr. ZHANG Bingjun, Mr. CUI Xuesong, Ms. YUAN Wei, Mr. YE Baishou, Mr. HU Aimin, Mr. ZHANG Xifang and Mr. ZHANG Yunji as non-executive directors; and Mr. MAO Zhenhua, Mr. CHI Guotai, Mr. MU Binrui, Mr. TSE Yat Hong, Mr. WANG Ren and Mr. ZHU Ning as independent non-executive directors.