[ET Net News Agency, 29 May 2018] Jilin Jiutai Rural Commercial Bank (06122) said it
resolved to terminate the acting-in-concert arrangements in respect of Changbai Mountain
Rural Commercial Bank, Dehui Rural Commercial Bank, Gongzhuling Rural Commercial Bank and
Chuncheng Rural Commercial Bank.
Termination of acting in concert does not involve any transfer of equity interest or
assets between the Bank and the concert parties. Upon termination of acting in concert,
the shareholdings of the existing shareholders of the four companies (including the Bank
and the concert parties) will remain unchanged, but the four companies will no longer be
considered as subsidiaries of the Bank and their financial results will cease to be
consolidated to the financial statements of the Group. As a result, the amounts of various
items in the consolidated financial statements of the Group including total assets, total
liabilities, operating income and profit will decrease. (HL)