Xi'an Bank: economic Development Holdings intends to transfer 3.52% of its shares in the company to its subsidiary

[Xi'an Bank: Jingfa Holdings intends to transfer 3.52% of its shares to its subsidiary] May 25, Xi'an Bank announced that the shareholder, Xi'an Jingfa Holdings (Group) Co., Ltd. (hereinafter referred to as "Economic Development Holdings"), intends to transfer all its 3.52% shares in the company to Xi'an Jingkai Financial Holdings Co., Ltd., a subsidiary of Jingfa Holdings.