Zhejiang Oriental announced that the company previously planned to acquire 4% of Hangzhou Union Bank's shares held by the controlling shareholder Provincial International Trade Group for 10.65 yuan/share, corresponding to 87.218,500 shares. Recently, the Zhejiang Regulatory Bureau of the State Financial Supervisory Administration issued approval for the share change. As of the date of disclosure of the announcement, the transaction had completed the ownership change process. The company held 7.94% of Hangzhou Union Bank's shares, and there was no change in the scope of the consolidated statement.

Zhejiang Oriental announced that the company previously planned to acquire 4% of Hangzhou Union Bank's shares held by the controlling shareholder Provincial International Trade Group for 10.65 yuan/share, corresponding to 87.218,500 shares. Recently, the Zhejiang Regulatory Bureau of the State Financial Supervisory Administration issued approval for the share change. As of the date of disclosure of the announcement, the transaction had completed the ownership change process. The company held 7.94% of Hangzhou Union Bank's shares, and there was no change in the scope of the consolidated statement.