Bank of Qingdao Co Ltd

Bank of Qingdao has been added to a new record of judgment debtors, with an execution amount of over 49,000 yuan. The case was filed on July 31, 2026, and the enforcing court is the Zhangdian District People's Court of Zibo. Bank of Qingdao was established in November 1996. It is the first listed bank in Shandong Province and the second A+H listed city commercial bank in China. It has 17 branches in Shandong Province and more than 200 business outlets. The company's recent performance has improved. In 2025, it achieved operating revenue of 14.573 billion yuan, up 7.97 percent year on year, and net profit attributable to the parent company of 5.188 billion yuan, up 21.66 percent. In the first quarter of 2026, operating revenue was 4.342 billion yuan, up 7.30 percent year on year, and net profit attributable to the parent company was 1.524 billion yuan, up 21.16 percent. However, since the start of 2026, the bank has received several penalty notices. On July 10, it was fined 203,300 yuan by the Qingdao branch of the People's Bank of China for violating financial statistical management regulations. In June, it was fined 500,000 yuan by the Qingdao regulatory bureau of the National Financial Regulatory Administration for improperly disposing of non-performing assets. On February 12, it was warned and fined 1.161 million yuan by the Qingdao branch of the People's Bank of China for multiple violations. In addition, shareholder Qingdao Haier Industrial Development Company reduced its holdings by 107 million shares through block trades from July 8 to 14, accounting for 1.84 percent of total share capital, at an average price of 5.21 yuan per share, cashing out about 558 million yuan.

A Qingdao Bank announcement shows that Qingdao Haier Industrial Development Co., Ltd. reduced its holdings of the bank's A-shares by 107 million shares through block trades from July 8 to July 14, 2026, accounting for 1.84% of Qingdao Bank's total shares. After the reduction, Haier Industrial Development holds 426 million shares of Qingdao Bank, with its stake falling to 7.31%; Haier Industrial Development and its concert parties together hold 949 million shares, representing 16.30% of the total share capital.