Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. ZHONGYUAN BANK CO., LTD.* 中 原 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: 1216) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2017 The board of directors (the “Board”) of Zhongyuan Bank Co., Ltd. (the “Bank”) is pleased to announce the unaudited consolidated interim results (the “Interim Results”) of the Bank and its subsidiaries for the six months ended June 30, 2017 (the “Reporting Period”) which were prepared in accordance with the International Financial Reporting Standards (“IFRSs”).The Board and the audit committee of the Board have reviewed and confirmed the Interim Results. This results announcement is published on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Bank (www.zybank.com.cn). The interim report for the six months ended June 30, 2017 will be dispatched to the shareholders of the Bank and will be available on the above websites in due course. On behalf of the Board Zhongyuan Bank Co., Ltd. DOU Rongxing Chairman Zhengzhou, China August 29, 2017 As at the date of this announcement, the Board comprises Mr. DOU Rongxing, Ms. HU Xiangyun, Mr. WANG Jiong, Mr. HAO Jingtao and Mr. ZHANG Bin as executive directors; Mr. LI Qiaocheng and Mr. LI Xipeng as non-executive directors; Ms. PANG Hong, Mr. LI Hongchang, Mr. JIA Tingyu and Mr. CHAN Ngai Sang Kenny as independent non-executive directors. * Zhongyuan Bank 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 out banking and/or deposit-taking business in Hong Kong. Content Corporate Information 1 Summary of Accounting Data and Financial Indicators 2 Management Discussion and Analysis 6 Changes in Share Capital and Information on Shareholders 55 Directors, Supervisors, Senior Management, Employees and Institutions 60 Corporate Governance 66 Important Events 68 Organizational Structure 71 Review Report to the Board of Directors 72 Unaudited Consolidated Statement of Profit or Loss and Other Comprehensive Income 73 Unaudited Consolidated Statement of Financial Position 75 Unaudited Consolidated Statement of Changes in Equity 77 Unaudited Consolidated Cash Flow Statement 78 Notes to the Unaudited Interim Financial Report 81 Unaudited Supplementary Financial Information 155 Definition of Terms 159 ZHONGYUAN BANK CO., LTD. 2017 INTERIM REPORT 1 Corporate Information Chinese Name Listing Stock Exchange of H Shares 中原銀行股份有限公司* Hong Kong Stock Exchange (abbreviated as 中原銀行) Website Address English Name http://www.zybank.com.cn ZHONGYUAN BANK CO.,LTD.* (abbreviated as ZYBANK) Contact Telephone No. (86) 371-85517900 Registered Office Zhongke Golden Tower, Fax No. 23 Shangwu Waihuan Road, (86) 371-85517892 Zhengdong New District CBD, Zhengzhou, Henan Province, PRC Legal Advisors as to PRC Laws Headquarter in China King & Wood Mallesons Zhongke Golden Tower, 20/F, East Tower, No. 23 Shangwu Waihuan Road, World Financial Center, Zhengdong New District CBD, 1 Dongsanhuan Zhonglu, Zhengzhou, Henan Province, PRC Chaoyang District, Beijing, PRC Principal Business Place in Hong Kong 18/F, Tesbury Centre, Legal Advisors as to Hong Kong Laws 28 Queen’s Road East, Wanchai, Paul Hastings Hong Kong 21-22/F, Bank of China Tower, 1 Garden Road, Authorized Representatives Hong Kong Mr. JIA Tingyu Mr. ZHANG Ke Compliance Advisor Central China International Capital Limited Secretary to the Board Suites 1505-1508, Mr. ZHANG Ke Two Exchange Square, 8 Connaught Place, Joint Company Secretaries Central, Hong Kong Mr. ZHANG Ke Ms. LEUNG Wing Han Sharon PRC Auditors KPMG Huazhen LLP Stock Code 8/F, KPMG Tower, 1216 Oriental Plaza, 1 East Chang’an Avenue, H Share Registrar Dongcheng District, Computershare Hong Kong Beijing, PRC Investor Services Limited Shops 1712-1716, International Auditors 17/F, Hopewell Centre, KPMG 183 Queen’s Road East, 8/F, Prince’s Building, Wanchai, Hong Kong 10 Chater Road, Central, Hong Kong * Zhongyuan Bank 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. 2 Summary of Accounting Data and Financial Indicators Change over the For the six months corresponding ended June 30, period of 2017 2016 last year (in millions of RMB, except percentages) Rate of Operating results change (%) Net interest income 5,613.64 5,453.69 2.93 Net fee and commission income 276.17 155.74 77.33 Operating income 5,875.88 5,506.74 6.7 Operating expenses (2,359.22) (2,180.12) 8.22 Impairment losses on assets (1,278.55) (1,343.89) (4.86) Profit before tax 2,238.12 1,982.74 12.88 Net profit 1,747.65 1,500.69 16.46 Net profit attributable to equity shareholders of the Bank 1,718.55 1,528.40 12.44 Rate of Expressed in per share (in RMB) change (%) Net assets per share attributable to equity shareholders of the Bank 2.18 2.09 4.49 Earnings per share 0.1 0.09 11.11 Profitability indicators (%) Change Return on average total assets(1) 0.78 0.86 (0.08) Return on average equity(2) 9.63 8.87 0.76 Net interest spread(3) 2.63 3.28 (0.65) Net interest margin(4) 2.8 3.49 (0.69) Net fee and commission income to operating income 4.7 2.83 1.87 Cost-to-income ratio(5) 39.29 35.55 3.75 ZHONGYUAN BANK CO., LTD. 2017 INTERIM REPORT 3 Summary of Accounting Data and Financial Indicators As of As of Change June 30, December 31, over the end 2017 2016 of last year (in millions of RMB, except percentages) Capital adequacy ratio indicators (%)(6) Change Calculated based on the Administrative Measures for the Capital of Commercial Banks Core tier-one capital adequacy ratio 10.67 11.24 (0.57) Tier-one capital adequacy ratio 10.68 11.25 (0.57) Capital adequacy ratio 11.82 12.37 (0.55) Total equity to total assets 8.1 8.2 (0.1) Asset quality indicators (%) Change Non-performing loan ratio(7) 1.85 1.86 (0.01) Allowance coverage ratio(8) 213.52 207.09 6.43 Allowance to gross loan ratio(9) 3.94 3.85 0.09 Other indicators (%) Loan-to-deposit ratio 65.9 67.2 (1.30) Rate of Scale indicators change (%) Total assets 458,010.33 433,071.44 5.76 Of which: net loans to customers 176,972.79 158,547.29 11.62 Total liabilities 420,925.39 397,572.80 5.87 Of which: deposits from customers 279,554.00 245,352.75 13.94 Share capital 16,625.00 16,625.00 － Equity attributable to shareholders of the Bank 36,277.76 34,719.16 4.49 Non-controlling interests 807.17 779.48 3.55 Total equity 37,084.94 35,498.64 4.47 4 Notes: (1) Represents net profit for the period as a percentage of average balance of total assets at the beginning and the end of the period. (2) Represents net profit distributable to equity shareholders of the Bank for the period as a percentage average balance of total equity attributable to equity shareholders of the parent company at the beginning and the end of the period. (3) Calculated as the difference between the average yield on total interest-earning assets and the average cost of total interest-bearing liabilities, and based on daily average interest-earning assets and interest- bearing liabilities. (4) Calculated by dividing net interest income by the daily average balance of total interest-earning assets. (5) Calculated by dividing operating expenses after deduction of business tax and surcharges by operating income. (6) The Administrative Measures for the Capital of Commercial Banks was issued by CBRC on June 7, 2012 and came into effect on January 1, 2013 by replacing the Administrative Measures for Capital Adequacy Ratio of Commercial Banks. (7) Calculated by dividing total non-performing loans and advances by gross loans to customers. (8) Calculated by dividing allowance for impairment losses on loans to customers by total non-performing loans. (9) Calculated by dividing allowance for impairment losses on loans to customers by gross loans and advances to customers. ZHONGYUAN BANK CO., LTD. 2017 INTERIM REPORT 5 Management Discussion and Analysis 1. PAST ECONOMY AND FINANCE ENVIRONMENT During the Reporting Period, positive signs of world economic recovery were still clouded by many changes. The United States maintained its moderate economic growth with core economic indicators continuing to remain positive, including consumption, imports & exports and unemployment rate; economic recovery in the Eurozone accelerated and its employment sustained a good trend; the economy of major emerging economies in general presented an upward trend driven by the rebound of energy resource prices. In general, current world economy and trade has been improved, but there is still complexity and uncertainties as it faces various risks and challenges, such as rate rises by the Federal Reserve, trade protectionism and geopolitics. In 2017, the PRC economy functioned well and was characterized by a steady growth, employment improvement, consumer price indices stability and improved balance of international payments.