About LUZHOU BANK Company

The issuer is a joint stock commercial bank jointly established by the Luzhou Local Finance Association with the former shareholders and other sponsors of the original 8 city credit cooperatives and 2 rural credit cooperatives in Luzhou City. The total number of shares of the company was 100,763,700, of which local finance held 30,000,000 shares, accounting for 29.7T% of the company's total shares; other legal entities held 53,748,600 shares, accounting for 53.34% of the total number of shares in the company, and natural persons held 17,015,100 shares, accounting for 16.89% of the total number of shares in the company. The name of the company when it was established was “Luzhou City Cooperative Bank”, and later changed its name to “Luzhou Commercial Bank Co., Ltd.” and “Bank of Luzhou Co., Ltd.” According to the “Approval of Luzhou City Cooperative Bank Establishment Work” (Yin Fu [1996] No. 473) issued by the People's Bank of China on December 24, 1996, the Luzhou City Cooperative Bank establishment plan was agreed, and the Luzhou City Cooperative Bank Preparatory Leading Group was established. The group carried out the company formation work under the unified leadership of the Luzhou Municipal People's Government. According to the “Approval on Preparation for the Establishment of the Luzhou City Cooperative Bank” (Yin Fu [1997] No. 233) issued by the People's Bank of China on June 4, 1997, it was agreed to establish the Luzhou City Cooperative Bank. According to the “Records of the Founding Meeting and First Shareholders' Meeting of the Luzhou City Cooperative Bank”, the company held a founding meeting on August 14, 1997 to review and pass the “Luzhou City Cooperative Bank Preparation Work Report”, the Luzhou City Cooperative Bank Constitution, and elected members of the company's first board of directors and supervisory board. According to the “Approval for the Opening of the Luzhou City Cooperative Bank” (Yinfu [1997] No. 367) issued by the People's Bank of China on September 11, 1997, the People's Bank of China agreed to open the company and approved the “Luzhou City Cooperative Bank Regulations”. The company is a commercial bank in the form of a limited company. 1. First capital increase and stock expansion The Company's Extraordinary General Meeting of Shareholders held on December 25, 2007 reviewed and approved the “Luzhou Commercial Bank's Proposal to Change the Registered Capital” and “Proposal to Amend the Constitution of Luzhou Commercial Bank”. According to the “Enterprise Legal Entity Business License” (registration number: 510500000004458) issued by the Sichuan Luzhou Administration for Industry and Commerce on May 6, 2008, the Sichuan Luzhou Administration for Industry and Commerce approved the registration of the industrial and commercial change for this capital increase. According to the “Approval of the Luzhou Commercial Bank Capital Increase and Stock Expansion Plan” issued by the Sichuan Banking Insurance Regulatory Bureau on December 10, 2007 (Bank Insurance Regulatory Review [2007] No. 599), the Sichuan Banking Insurance Regulatory Bureau agreed to the company's targeted capital increase and share expansion plan to raise 400,000,000 corporate shares. The aforementioned capital increase and share expansion should be completed by the end of 2008. Sichuan Huaxin (Group) Certified Public Accountants Co., Ltd. issued the “Capital Inspection Report” (Chuanhua Credit Inspection [2007] No. 67) on December 25, 2007, which was examined. According to the “Approval to Change the Registered Capital of Luzhou Commercial Bank” (Sichuan Banking Insurance Regulatory Review [2007] No. 654” issued by the Sichuan Banking Insurance Regulatory Bureau on December 27, 2007, the Sichuan Banking Insurance Regulatory Bureau agreed that the company would add 20,000,000 yuan in registered capital and change the registered capital from 100,763,700 yuan to 120,763,700 yuan. The additional registered capital was subscribed by Luzhou Xinglu Investment Group Co., Ltd. in monetary form, and the regulations were amended accordingly. 2. Second capital increase and stock expansion The Company's Extraordinary General Meeting of Shareholders held on June 19, 2008 reviewed and approved the “Luzhou Commercial Bank's Proposal to Change the Registered Capital” and “Luzhou Commercial Bank's Proposal on Amendments and Instructions to the Articles of Association”. According to the “Enterprise Legal Entity Business License” (registration number: 510500000004458) issued by the Sichuan Luzhou Administration for Industry and Commerce on July 28, 2008, the Sichuan Luzhou Administration for Industry and Commerce approved the registration of industrial and commercial changes for this capital increase. According to the “Approval to Change the Registered Capital of Luzhou Commercial Bank” issued by the Sichuan Banking Insurance Regulatory Bureau on June 27, 2008 (Bank Insurance Regulatory Review [2008] No. 206), the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital by 40,000,000 yuan. Sichuan Huaxin (Group) Certified Public Accountants Co., Ltd. issued the “Capital Inspection Report” (Chuanhua Credit Inspection [2008] No. 33) on June 19, 2008, which was examined. <川银保监复 [2008) 206号>According to the “Approval to Change the Registered Capital of Luzhou Commercial Bank” issued by the Sichuan Banking Insurance Regulatory Bureau on June 27, 2008, the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital by 40,000,000 yuan, change the registered capital from 120,763,700 yuan to 160,763,700 yuan, and the additional registered capital will be purchased by Luzhou State-owned Assets Management Co., Ltd., and the regulations were amended accordingly. 3. Third capital increase and stock expansion The “Luzhou Commercial Bank's Proposal on Changing the Registered Capital” and “Luzhou Commercial Bank's Proposal on Amendments and Instructions to the Articles of Association” were reviewed and approved by the 15th General Meeting of Shareholders of the Company held on April 17, 2009. According to the “Enterprise Legal Entity Business License” (registration number: 510500000004458) issued by the Sichuan Luzhou Administration for Industry and Commerce on June 30, 2009, the Sichuan Luzhou Administration for Industry and Commerce approved the registration of the industrial and commercial change for this capital increase. According to the “Approval to Change the Registered Capital of Luzhou Commercial Bank” (Sichuan Banking Insurance Regulatory Bureau [2009] No. 216) issued by the Sichuan Banking Insurance Regulatory Bureau on June 25, 2009, the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital by 240,000,000 yuan and change the registered capital from 160,763,700 yuan to 400,763,700 yuan. Sichuan Huaxin (Group) Certified Public Accountants Co., Ltd. issued the “Capital Inspection Report” (Chuanhua Credit Inspection [2009] No. 08) on April 17, 2009, which went through inspection. The additional registered capital was purchased by Luzhou Laojiao Group Co., Ltd., Luzhou Xinfu Mining Group Co., Ltd. and Sichuan Jiale Enterprise Group Co., Ltd. for 90,000,000 yuan, 75,000,000 yuan, and 75,000,000 yuan respectively, and the statutes were amended accordingly. 4. Fourth capital increase and stock expansion The “Luzhou Commercial Bank Proposal on Changing the Registered Capital” and “Luzhou Commercial Bank's Proposal on Amendments and Instructions to the Articles of Association” were reviewed and approved by resolution of the Extraordinary General Meeting of Shareholders held by the Company on March 2, 2010. According to the “Business License for Corporate Legal Entities” issued by the Luzhou Administration for Industry and Commerce of Sichuan Province on April 7, 2010. (Registration number: 510500000004458). The Luzhou Administration for Industry and Commerce of Sichuan Province approved the registration of industrial and commercial changes for this capital increase. According to the “China Banking Regulatory Commission's Sichuan Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank” (Bank Insurance Regulatory Review [2010] No. 125) issued by the Sichuan Banking Insurance Regulatory Bureau on March 17, 2010, the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital by 52,000,000 yuan. Sichuan Huaxin' (Group) Certified Public Accountants Limited Liability Company issued the “Capital Inspection Report” (Chuanhua Credit Test [2010] No. 11) on March 2, 2010, which went through inspection. The additional registered capital was purchased by the Luzhou Municipal Finance Bureau, and the statutes were amended accordingly. 5. Fifth capital increase and stock expansion According to the “Luzhou Commercial Bank Co., Ltd. 2012 and 2013 Profit Distribution Plan”, “Luzhou Commercial Bank Co., Ltd. Proposal to Change Registered Capital”, and “Luzhou Commercial Bank Co., Ltd. Proposal to Amend the Articles of Association”, which were reviewed and approved by the company's 18th shareholders' meeting held on February 28, 2014, the shareholders' meeting agreed to give 0.6 shares per share to registered shareholders on December 31, 2013, increasing the registered capital of 271,658,220 yuan. The total share capital after the change was 724,421,920 shares. According to the “Business License” (registration number: 510500000004458) issued by the Sichuan Luzhou Administration for Industry and Commerce on May 29, 2014, the Sichuan Luzhou Administration for Industry and Commerce approved the registration of the industrial and commercial change for this capital increase. According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2014] No. 145) issued by the Sichuan Banking Insurance Regulatory Bureau on May 23, 2014, the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital of 271,658,220 yuan. Sichuan Huaxin (Group) Accounting Firm [Special General Partnership] issued the “Capital Inspection Report” (Chuanhua Credit Test [2014] No. 14) on April 30, 2014, which was examined. As of April 30, 2014, the company had transferred undistributed profit of RMB 271,658,220 to share capital; as of April 30, 2014, the cumulative registered capital after the change was RMB 724,421,920 and the paid-in capital was RMB 724,421,920. 6. Sixth capital increase and share expansion, state-owned equity change According to the “Luzhou Commercial Bank Co., Ltd. Capital Increase and Stock Expansion Plan” reviewed and approved by the company's 1st Extraordinary General Meeting of Shareholders held on August 11, 2015, the company plans to increase capital and expand its shares by 724,421,920 shares through targeted stock raising, and the total share capital will be changed to 1,448,843,840 shares. According to the “Proposal on Changing the Registered Capital of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” The shareholders' meeting agreed to increase the capital by 573,196,983 shares; the total share capital after the capital increase was 1,297,618,903 shares; the total share capital raised was approximately 1,473,116,246.31 yuan; and the regulations were amended accordingly. Nine existing corporate shareholders and 385 existing natural person shareholders have subscribed to this capital increase. According to the “Business License” (unified social credit code: 91510500708926271U) issued by the Luzhou Administration for Industry and Commerce on December 8, 2015, the Luzhou Administration for Industry and Commerce approved the registration of industrial and commercial changes for this capital increase. According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval on the Capital Increase and Stock Expansion Plan of Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2015] No. 291) issued by the Sichuan Banking Insurance Regulatory Bureau on August 31, 2015, the Sichuan Banking Insurance Regulatory Bureau agreed to the company's capital increase and share expansion plan to raise 724.421,19 million shares in a targeted manner, and the total share capital was changed from 724.4219 million shares to 144,884.38 million shares. According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2015] No. 431) issued by the Sichuan Banking Insurance Regulatory Bureau on December 3, 2015, the Sichuan Banking Insurance Regulatory Bureau agreed to change the company's registered capital from 724,421,920 yuan to 1,297,618,903 yuan. Sichuan Huaxin (Group) Accounting Firm (Special General Partnership) issued the “Capital Inspection Report” (Chuanhua Credit Test [2015] No. 97) on November 27, 2015, which was examined. As of September 25, 2015, the changed registered capital was RMB 1,297,618,903.00, and the cumulative share capital was RMB 1,297,618,903.00. The monetary capital contribution amount confirmed by the Banking Insurance Regulatory Bureau was 1,473,116,246.31 yuan, of which the registered capital was increased by 573,196,983.00 yuan, and the capital reserve was increased by 899,919,263.31 yuan. 7. Seventh capital increase and stock expansion According to the “Proposal on Changing the Registered Capital of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” The shareholders' meeting agreed to increase the capital and expand the shares by 114,752,480 shares, and the registered capital was changed from 1,297,618,903 yuan to 1,412,371,383 yuan. According to the “Business License” (unified social credit code: 91510500708926271U) issued by the Luzhou Administration for Industry and Commerce on June 29, 2016, the Luzhou Administration for Industry and Commerce approved the registration of industrial and commercial changes for this capital increase. According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2016] No. 195) issued by the Sichuan Banking Insurance Regulatory Bureau on June 28, 2016, the Sichuan Banking Insurance Regulatory Bureau agreed to the company's “Request for Change of Registered Capital” and agreed to change the company's registered capital from.1,297,618,903 yuan to 1,412,371,383 yuan. Sichuan Huaxin (Group) Accounting Firm (Special General Partnership) issued the “Capital Inspection Report” (Chuanhua Credit Test (2016) No. 35) on June 1, 2016. As of March 25, 2016, the company has received monetary capital contributions of RMB 322,454,468.80 from shareholders as confirmed by the Banking Insurance Regulatory Bureau, including an increase of RMB 114,752,480.00 in registered capital and an increase in capital of RMB 207,701,988.80. As of March 25, 2016, the changed registered capital was RMB 1,412,371,383.00, and the cumulative share capital was RMB 1,412,371,383.00. The additional registered capital was subscribed by Luzhou Xinglujuqin Real Estate Co., Ltd., Anxin Trust Co., Ltd., Luzhou Naxi District Rural Credit Cooperative Association, Luzhou Industrial Investment Group Co., Ltd., and Luzhou Laojiao Chaiquan Marketing Southwest Liquor Co., Ltd., and the regulations were amended accordingly. 8. Eighth capital increase and stock expansion According to the “Proposal on Changing the Registered Capital of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” and the “Amendment to the Constitution of Luzhou Commercial Bank Co., Ltd.” The shareholders' meeting agreed to increase the capital and expand the shares by 36,472,457 shares, and the registered capital was changed from 1,412,371,383 yuan to 1,448,843,840 yuan. According to the “Business License” (unified social credit code: 91510500708926271U) issued by the Luzhou Administration for Industry and Commerce on November 25, 2016, the Luzhou Administration for Industry and Commerce approved the registration of industrial and commercial changes for this capital increase. According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval of the Shareholder Status of Anxin Trust Co., Ltd. Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2016] No. 293) issued by the Sichuan Banking Insurance Regulatory Bureau on August 30, 2016, it was agreed that Anxin Trust Co., Ltd. would increase its holdings of Luzhou Commercial Bank Co., Ltd. by 36,472,457 shares. According to the “China Banking Insurance Regulatory Commission Sichuan [Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.” (Bank Insurance Regulatory Review [2016] No. 411) issued by the Sichuan Banking Insurance Regulatory Bureau on November 21, 2016, it was agreed that the registered capital of the company was changed from 1,412,371,383 yuan to 1,448,843,840 yuan. Sichuan Huaxin (Group) Accounting Firm (Special General Partnership) issued the “Capital Inspection Report” (Chuanhua Credit Test (2016) No. 82) on September 5, 2016. As of July 20, 2016, the company has received monetary capital contributions of 102,487,604.17 yuan from shareholders confirmed by the Banking Insurance Regulatory Bureau, including an increase of 36,472,457 yuan in registered capital and an increase in capital reserve of 66,015,147.17 yuan. As of July 20, 2016, the changed registered capital was RMB 1,448,843,840, and the cumulative share capital was RMB 1,448,843,840. The additional registered capital was subscribed by Anxin Trust Co., Ltd., and the articles of association were amended accordingly. 9. Ninth capital increase and stock expansion According to the “2016 Profit Distribution Plan of Luzhou Commercial Bank Co., Ltd.” reviewed and approved by the 21st General Meeting of Shareholders (2016 Annual General Meeting of Shareholders) held by the company on July 21, 2017, the shareholders' meeting agreed to give 1.3 shares for every 10 shares registered on December 31, 2016, increasing the total registered capital of 188,349,545 yuan. The total share capital after the change reached 1,637,193,385 yuan. According to the “Proposal to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.”, “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (1)”, and “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (2)”, and “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (2)”, and “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (2)”, and “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (2)”, and “Luzhou Commercial Bank Co., Ltd. Constitution Amendment (2)” According to the “China Banking Insurance Regulatory Commission's Sichuan Regulatory Bureau's Approval to Change the Registered Capital of Luzhou Commercial Bank Co., Ltd.” (Sichuan Banking Insurance Regulatory Commission [2018] No. 75) issued by the Sichuan Banking Insurance Regulatory Bureau on April 4, 2018, the Sichuan Banking Insurance Regulatory Bureau agreed to increase the company's registered capital of 188,349,545 yuan, and the registered capital was changed from 1,448,843,840 yuan to 1,637,193,385 yuan. Sichuan Huaxin (Group) Accounting Firm (Special General Partnership) issued the “Capital Inspection Report” (Chuanhua Credit Test [2017] No. 85) on September 30, 2017, which was reviewed. As of September 30, 2017, the company had transferred undistributed profit of RMB 188,349,545 to share capital; as of September 30, 2017, the cumulative registered capital after the change was RMB 1,637,193,385, and the paid-up capital was RMB 1,637,193,385. 10. H-share listing in 2018, 10th capital increase and stock expansion On December 17, 2018, the company issued its initial public offering and listing on the main board of the Hong Kong Stock Exchange. A total of 545,740,000 H shares were issued. Among them, Shanghai Youde Communication Technology Co., Ltd., Wudaokou Capital Co., Ltd. and Luzhou Liquor Golden Triangle Liquor Development Co., Ltd. participated in the subscription as cornerstone investors, accounting for 49.47% of the subscription amount (excluding overallocation). PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership) issued the “Capital Inspection Report” (PwC Zhongtian. (2018) No. 0806) on December 26, 2018. Through this sale, distribution The total number of human shares was 2,182,933,385, including 1,637,193,385 domestic shares and 545,740,000 H shares. The issuer exercised all of its over-allotment rights on January 14, 2019, and completed the over-allotment of 81,860,000 H shares. PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership) issued the “Capital Inspection Report” (PwC Zhongtian Digital Inspection (2019) No. 0084) on January 31, 2019, which has been verified. Through this over-allotment, the total number of issuer shares was 2,264,793,385 shares, including 1,637,193,385 domestic shares and 627,600,00O0 H shares. 11. The company changed its name in 2019 On January 29, 2019, the Sichuan Banking Insurance Regulatory Bureau approved the issuer name change application (Bank of China Insurance Supervisory Review (2019) No. 138), and Luzhou Commercial Bank Co., Ltd. changed its name to Luzhou Bank Co., Ltd. On June 4, 2019, the Luzhou Market Supervision Administration approved the issuer name change registration application. (4) Organizational structure Announcement on June 4, 2019: Company name changed from “Luzhou Commercial Bank Co., Ltd.” to “Bank of Luzhou Co., Ltd.”