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. Bank of Jiujiang Co., Ltd.* 九江銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 6190) ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019 The board of directors (the “Board”) of Bank of Jiujiang Co., Ltd.* (the “Bank”) is pleased to announce the audited consolidated annual results of the Bank and its subsidiaries (the “Group”) for the year ended 31 December 2019 (the “Annual Results”). This results announcement is in compliance with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) in relation to information to accompany the preliminary announcement of annual results. The Annual Results have been reviewed by the Board and the audit committee of the Board. This results announcement is published on the HKEXnews website of the Hong Kong Stock Exchange (www.hkexnews.hk) and the website of the Bank (www.jjccb.com). The 2019 annual report will be dispatched to the Bank’s H shareholders in due course and will be published on the aforesaid HKEXnews website of the Hong Kong Stock Exchange as well as the website of the Bank. By order of the Board Bank of Jiujiang Co., Ltd.* Liu Xianting Chairman Jiangxi, the People’s Republic of China 30 March 2020 As at the date of this announcement, the Board comprises Mr. Liu Xianting, Mr. Pan Ming and Ms. Cai Liping as executive directors, Mr. Zeng Huasheng, Mr. Zhang Jianyong, Mr. Li Jianbao and Mr. Yi Zhiqiang as non-executive directors, Mr. Chua Alvin Cheng-Hock, Ms. Gao Yuhui, Mr. Quan Ze and Mr. Yang Tao as independent non-executive directors. * Bank of Jiujiang 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. - 1 - 2 Company Profile 7 Accounting Data and Financial Indicator Highlights 10 Management Discussion and Analysis 70 Changes in Share Capital and Information on Shareholders 82 Information on Directors, Supervisors, Senior Management, Staff and Institution 116 Corporate Governance Report Contents 159 Report of the Board of Directors 178 Report of the Board of Supervisors 185 Independent Auditor’s Report 193 Consolidated Statement of Profit or Loss and other Comprehensive Income 195 Consolidated Statement of Financial Position 197 Consolidated Statement of Changes in Equity 198 Consolidated Statement of Cash Flows 201 Notes to the Consolidated Financial Statements 353 Definition Company Profile 1. Basics Legal name in Chinese: Principal business address in Hong Kong: 九江銀行股份有限公司 40/F, Sunlight Tower, 248 Queen’s Road East, Wan Chai, Hong Kong Legal name in English: Bank of Jiujiang Co., Ltd. Contact address: Bank of Jiujiang Mansion, No. 619, Legal representative: Changhong Avenue, Lianxi District, Jiujiang, LIU Xianting (劉羨庭) Jiangxi Province, China (Postcode: 332000) Tel: +86 (792) 7783000-1101 Authorized representatives: Fax: +86 (792) 8325019 PAN Ming (潘明), TONG Faping (童發平) Email: [email protected] Board secretary: Website: http://www.jjccb.com TONG Faping (童發平) PRC auditor: Joint company secretaries: Deloitte Touche Tohmatsu Certified Public TONG Faping (童發平), Accountants LLP FOK Po Yi (霍寶兒) International auditor: H-share exchange: Deloitte Touche Tohmatsu The Stock Exchange of Hong Kong Limited PRC legal advisor: Abbreviation of stock name: JunHe LLP (北京市君合律師事務所) BANKOFJIUJIANG Hong Kong legal advisor: Stock code: 6190 Clifford Chance Unified social credit code: Compliance advisor: 9136040070552834XQ ABCI Capital Limited License number for financial business H-share registrar and transfer office: operations: Computershare Hong Kong Investor Services B0348H236040001 Limited Registered address and office address: Domestic share depository: No. 619, Changhong Avenue, Lianxi District, China Securities Depository and Clearing Jiujiang, Jiangxi Province, China Corporation Limited (CSDC) (Postcode: 332000) HKEXnews website of the Hong Kong Stock Exchange for publication of this report: http://www.hkexnews.hk 2 BANK OF JIUJIANG 2. About Us Approved by Wuhan Branch of the People’s Bank of China for establishment, Bank of Jiujiang Co., Ltd. (“Bank of Jiujiang” or the “Bank” or “our bank” or “we”) was a regional commercial bank incorporated in November 2000 from eight urban credit cooperatives in Jiujiang City. In October 2008, the Bank officially changed its name to the Bank of Jiujiang Co., Ltd. On July 10, 2018, the Bank of Jiujiang was listed on the Main Board of the Hong Kong Stock Exchange (stock code: 6190). Over the past 19 years, staffs of Bank of Jiujiang, with unwavering faith, persistent pursuit, selfless dedication, and the mindset that success only comes through hard work, have endured through great hardships in order to realize the achievements that Bank of Jiujiang has today. From a handful of branches to 272 outlets, we are now a renowned bank with total assets of over RMB360,000 million which also embodies the entrepreneurial spirit of Bank of Jiujiang – unity, integrity, perseverance and creativity. Over the past 19 years, Bank of Jiujiang consistently optimized its shareholder structure and introduced strategic investors such as Industrial Bank and Beijing Automotive Group to enhance its brand image. Bank of Jiujiang ranks 327th among banks worldwide and 53rd among banks nationwide according to the rankings published in 2019 by The Banker, a globally authoritative journal in the United Kingdom. The Bank has also received numerous recognition including “National Advanced Grassroots Party Organization”, “National May Day Labour Award”, “Best National Small and Medium Commercial Bank” and “Exemplary Workplace for Talents in Jiangxi Province”. As of the end of 2019, Bank of Jiujiang (including controlled county banks) has 3,834 full- time employees, with an average age of 29.62. Among which, 3,417 had undergraduate degrees or graduated from junior college, accounting for 89.13%, while 408 had master’s degrees (and above), accounting for 10.64%. We now have operation department of the head office,13 branches and 258 sub-branches, established 20 county banks such as Xiushui Jiuyin and Zhongshan Xiaolan. As a city commercial bank, Bank of Jiujiang was the first to realize the full coverage of districts and cities within Jiangxi Province. Bank of Jiujiang positions itself as a regional commercial bank rising in an area in the middle of Nanjing and Wuhan and with neighboring Guangzhou and Hefei on two sides, in a bid to be “Rooted in Jiujiang and Centered in Jiangxi Province, Spreading business across the country and Striding towards the world” and eventually forge a “gold cross” composed of the economic belts in the middle reach of Yangtze River and along the Beijing-Kowloon Railway. It has now grown into a financial brand name from Jiangxi, a headstream of China’s modern revolution. 2019 ANNUAL REPORT 3 Company Profile 3. Major awards in the year of 2019 In January 2019, Wuhan Data Center of the Bank received the certification from an international authoritative, Uptime M&O (Management and Operation), and became the first large-scale and high-level data center in the region of Central China to obtain Uptime M&O certification. The Bank also became the first city commercial bank to be awarded the certification in China. In February 2019, the National Association of Financial Market Institutional Investors announced the evaluation result of underwriting members (local banks type) participating in Class B debt financing instruments for non-financial enterprises in the lead underwriting business market, and the Bank is one of the 12 new Class B lead underwriters. In February 2019, in the “Top 100 China Banks Rankings of 2018” published by the China Banking Association, the Bank ranked 62nd in the China bank list, moved up 5 places from the previous year. In March 2019, the Bank was awarded the honorary title of “Active Dealer in Interbank RMB Market in 2018” on the 2019 Inter-bank Local Currency Market Conference hosted by the China Foreign Exchange Trade System & National Interbank Funding Center, and became one of the 50 core dealers in the country. In March 2019, the Jiujiang Municipal Committee of the Chinese Communist Youth League awarded the honorary title of “2018 Outstanding Organization of the Communist Youth League Work in the City” to our Bank. In March 2019, the Bank was successfully listed on the 2019 Primary Dealer of Open Market Business List published by the PBOC (Open Market Business Announcement [2019] No.2), and was the first legal person financial institution which obtained the Primary Dealer of Open Market Business in Jiangxi Province. In April 2019, the Bank was awarded the title of “2018 National Banking Financial Information Registration Work Improvement Award” issued by the China Banking Industry Financial Registration and Custody Center. 4 BANK OF JIUJIANG In May 2019, Yichun Branch of the Bank was awarded the honorary title of the 15th session of “Civilized Units of Jiangxi Province” by the Jiangxi Provincial Committee of the CPC and People’s Government of Jiangxi Province. In May 2019, the Bank was awarded the “Promotion Special Award on QuickPass Mobile Payment Convenience Project of 2018”. In June 2019, the mobile loan product “Kuai Huo Dai” (快活貸) of the Bank was awarded the “Best Retail Banking Technology Innovation Award of the Year” and “Jiu Ying Wealth Management” product was awarded the “Best Retail Banking Brand Award of the Year” on “The Second Annual Meeting of Leaders of Retail Banking” hosted by Shine Consultant.