Shengjing Bank : Articles of Association

Articles of Association of Shengjing Bank Co., Ltd. Content Chapter 1 General Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Chapter 2 Purpose and Scope of Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Chapter 3 Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Section 1 Issuance of Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Section 2 Financial Aid for Purchase of Shares of the Bank . . . . . . . . . . . . . 9 Section 3 Increase and Reduction of Shares and Share Repurchase . . . . . . . . 11 Section 4 Transfer of Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Chapter 4 Shareholders and Shareholders' General Meeting . . . . . . . . . . . . . . 16 Section 1 Share Certificate and Register of Shareholders . . . . . . . . . . . . . . . 16 Section 2 Shareholders and Shareholders' Rights . . . . . . . . . . . . . . . . . . . . . 21 Section 3 General Provisions on Shareholders' General Meetings . . . . . . . . . 29 Section 4 The Convening of Shareholders' General Meetings . . . . . . . . . . . . 32 Section 5 Proposals and Notice of Shareholders' General Meetings . . . . . . . 35 Section 6 The Holding of Shareholders' General Meetings . . . . . . . . . . . . . . 39 Section 7 Voting Procedures and Resolutions of Shareholders'

General Meetings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 Section 8 Special Procedures for Voting by a Certain Class of Shareholders 48

Chapter 5 Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51

Section 1 Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51

Section 2 Independent Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55

Section 3 Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 Section 4 Secretary to the Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . 68 Section 5 Special Committees under the Board of Directors . . . . . . . . . . . . . 70

Chapter 6 The President and Other Senior Management Officers of the Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Chapter 7 The Board of Supervisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

Section 1 Supervisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

Section 2 External Supervisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77

Section 3 Board of Supervisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 Section 4 Meetings of the Board of Supervisors . . . . . . . . . . . . . . . . . . . . . . 81 Section 5 Special Committees under the Board of Supervisors . . . . . . . . . . . 83

Chapter 8 Qualifications and Obligations of Directors, Supervisors and Senior Management Officers . . . . . . . . . . . . . . . . . . . . . . . 84 Chapter 9 Financial Accounting System, Profits Distribution and Audit . . . . . 90 Section 1 Financial Accounting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90

Section 2 Internal Audit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94 Section 3 Engagement of Accounting Firms . . . . . . . . . . . . . . . . . . . . . . . . . 94

Chapter 10 Notices and Announcements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Chapter 11 Mergers, Division, Increase of Capital, Reduction of Capital, Dissolution and Liquidation . . . . . . . . . . . . . . . . . . . . . . . . . . 99

Section 1 Mergers, Division, Increase of Capital and Reduction of Capital . . 99 Section 2 Dissolution and Liquidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100

Chapter 12 Amendments to these Articles of Association . . . . . . . . . . . . . . . . . 103 Chapter 13 Dispute Resolution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 Chapter 14 Supplemental Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105 Chapter 1 General Provisions Article 1 For the purpose of protecting the legitimate rights and interests of Shengjing Bank Co ., Ltd . (hereinafter referred to as the "Bank"), its shareholders and creditors, and of standardizing the organization and activities of the Bank, the Articles of Association of the Bank (hereinafter referred to as the "Articles") are hereby formulated in accordance with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), the Law of the People's Republic of China on Banking Regulation and Supervision (hereinafter referred to as the "Banking Regulation and Supervision Law"), the Commercial Banking Law of the People's Republic of China (hereinafter referred to as the "Commercial Banking Law"), the Special Regulations of the State Council concerning the Offering and Listing of Shares Overseas by Joint Stock Limited Companies (hereinafter referred to as the "Special Regulations"), the Mandatory Provisions for Articles of Association of Companies Listing Abroad (hereinafter referred to as the "Mandatory Provisions"), the Guidelines on the Corporate Governance of Commercial Banks and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Listing Rules") as well as other relevant laws, administrative regulations and rules . Article 2 The Bank is a joint stock limited company incorporated in accordance with the Company Law, the Commercial Bank Law and other relevant provisions .

The Bank was established by way of promotion with the Approval of the Establishment of Shenyang Urban Cooperative Bank (Yin Fu [1996] No . 362) granted by the People's Bank of China, the Approval of the Operation of Shenyang Urban Cooperative Bank (Yin Fu [1997] No . 149) granted by the People's Bank of China and the Approval for the Establishment of Shenyang Urban Cooperative Bank Co ., Ltd . (Shen Ti Gai Fa [1997] No . 71) granted by Shenyang Economic Restructuring Commission, and obtained the financial licence . The Bank was registered with the Shenyang Administration for Industry & Commerce, and obtained its business license with its license number: 210100000010442 and has an independent legal person qualification .

Article 3 Registered name of the Bank:

Chinese name in full: 盛京銀行股份有限公司, in short: 盛京銀行

English name in full: SHENGJING BANK CO ., LTD ., in short: SHENGJING BANK

Domicile of the Bank: 109 North Station Road, Shenhe District, Shenyang City, Postal code: 110013 .

The headquarters of the Bank will be permanently registered in Shenyang City .

Article 4 The registered capital of the Bank is RMB5,796,680,200 . Article 5 The Bank is a perpetually existing joint stock limited company . Article 6 The legal representative of the Bank shall be the chairman of its Board of Directors . Article 7 The total capital of the Bank is divided into shares of equal par value, and the shareholders shall bear liability for the Bank to the extent of the shares held by them, and the Bank shall bear liability for its debts to the extent of its total assets . Article 8 Upon these Articles becoming effective, it shall be construed as a legally binding document governing the organization and activities of the Bank, and defines the rights and obligations between the Bank and its shareholders, and among the Bank's shareholders themselves . It shall be binding on the Bank, its shareholders, directors, supervisors, and senior management officers .

Pursuant to these Articles, the shareholders may institute lawsuits against other shareholders of the Bank, the shareholders may institute lawsuits against the directors, supervisors, president and other senior management officers of the Bank, the shareholders may institute lawsuits against the Bank, the Bank may institute lawsuits against the shareholders, directors, supervisors, president and other senior management officers of the Bank .

The lawsuits referred to in the preceding paragraph shall include lawsuits instituted in a court or the application to arbitration institutions for arbitration .

The senior management officers referred to in these Articles shall mean the vice president, chief auditor officer, chief financial officer, Secretary to the Board of Directors of the Bank and management personnel as designated by the Bank in accordance with the prevailing situation .

Article 9 The Bank conducts independent operations, manages its own risks, assumes sole responsibility for its own profit or loss and being self-constrained, and operates various kinds of commercial banking activities in accordance with the laws under the supervision of the relevant government departments . Article 10 In view of the need for business development and subject to approval of the banking regulatory authority of the State Council, the Bank may set up, change or cancel, according to laws, regulations, rules and these Articles, such entities, including but not limited to branches (branch companies), bank subsidiaries (subsidiary companies) and representative offices in China and relevant countries or regions .