On September 28, Nanjing Bank announced that from September 22 to September 26, BNP Paribas Paribas (QFII) increased its holdings of Nanjing Bank shares by 108 million through centralized bidding transactions through the Shanghai Stock Exchange trading system, accounting for 0.87% of the total share capital of Nanjing Bank. After the increase, BNP Paribas (QFII)’s shareholding in Bank of Nanjing increased from 3.4% to 4.27%, and BNP Paribas and BNP Paribas (QFII)’s total shareholding ratio increased from 16.14% to 17.02%.
The Paper noticed that recently, Nanjing Bank has successively received increased holdings from several major shareholders.
According to the announcement of Nanjing Bank, from August 7 to September 18, Nanjing Hi-Tech Co., Ltd. (hereinafter referred to as “Nanjing Hi-Tech”) increased its holdings of Nanjing Bank by 123 million shares with its own funds, and its shareholding ratio increased from 9% to 9.99%; from July 18 to September 10, Zijin Trust Co., Ltd. (hereinafter referred to as “Zijin Trust”), a controlling subsidiary of Nanjing Zijin Investment Group Co., Ltd. (hereinafter referred to as “Zijin Trust”), increased its holdings of Nanjing Bank by 56.7798 million shares. After the increase was completed, Zijin Group and Zijin Trust’s total shareholding in Nanjing Bank increased from 12.56% to 13.02%; from July 24 to August 4, Nanjing Hi-Tech increased its holdings of Nanjing Bank by 7.5077 million shares, and its shareholding ratio increased from 8.94% to 9.00%.
Wind data shows that from July 19 to September 26, the stock price of Nanjing Bank was generally showing a trend of “up first, then decline, and then rebounding”. From July 21 to August 8, the overall stock price of Nanjing Bank showed an upward trend, and rose to 12.2 yuan per share on August 8, setting a new high. Since then, the overall price of Nanjing Bank has shown a downward trend, falling to 10.34 yuan per share on September 19, the stage low. Subsequently, the overall stock price of Nanjing Bank rose, closing at 11.26 yuan per share on September 26, up 2.36% during the day.
Before the major shareholder increased its holdings one after another, “Nanyin Convertible Bond” had just completed the conversion of shares. According to the announcement of Nanjing Bank, as of July 17, a total of 19.996 billion yuan of “Nanyin Convertible Bonds” have been converted into Nanjing Bank’s A-share common shares, with a cumulative conversion of 2.357 billion shares, accounting for 23.55% of the total A-share common shares issued by Nanjing Bank before the conversion of “Nanyin Convertible Bonds”. Nanjing Bank redeems the 38,730 “Nanyin Convertible Bonds” that have not been converted into shares as of July 17 (redemption registration date), and the total redemption and redemption amount is 3.879 million yuan (including current interest). After the early redemption of this “Nanyin Convertible Bond” was completed, the total share capital of Nanjing Bank increased to 12.364 billion shares.
The semi-annual report of Nanjing Bank shows that in the first half of 2025, Nanjing Bank achieved operating income of 28.48 billion yuan, a year-on-year increase of 8.64%; and achieved net profit attributable to shareholders of 12.619 billion yuan, a year-on-year increase of 8.84%. As of the end of June 2025, the total assets of Nanjing Bank were 2901.438 billion yuan.
