Jilin Jiutai Rural Commercial Bank : FINANCIAL DATA SUMMARY FOR THE FIRST QUARTER OF 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

JILIN JIUTAI RURAL COMMERCIAL BANK CORPORATION LIMITED *

吉 林 九 台 農 村 商 業 銀 行 股 份 有 限 公 司 *

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6122)

FINANCIAL DATA SUMMARY

FOR THE FIRST QUARTER OF 2021

This announcement is made by Jilin Jiutai Rural Commercial Bank Corporation Limited (the "Bank") pursuant to the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rules 13.09(2)(a) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

In accordance with the relevant laws and regulations of the People's Republic of China (the "PRC"), due to the issuance of tier-two capital bonds by the Bank, the following unaudited financial data of the Bank for the three months ended March 31, 2021 (the "Financial Data") shall be published on the websites of China Central Depository & Clearing Co., Ltd. (http://www.chinabond.com.cn) and China Foreign Exchange Trade System & National Interbank Funding Center (http://www.chinamoney.com.cn).

(I) Financial Data Summary

The summary of the key items of the consolidated Financial Data of the Bank prepared in accordance with China Accounting Standards for Business Enterprises (the "PRC GAAP") is set out as follows:

	As at March 31, 2021
	RMB'0,000
	(unaudited)
Total assets	20,219,752.13
Total liabilities	18,508,803.97
	For the three months ended
	March 31, 2021
	RMB'0,000
	(unaudited)
Net profit	59,922.99

1

(II) Capital Adequacy Ratios

As at the end of the first quarter of 2021, the consolidated capital adequacy ratio, tier-one capital adequacy ratio and core tier-one capital adequacy ratio of the Bank were 11.45%, 9.19% and 9.09%, respectively, which were in compliance with the relevant regulatory requirements of the PRC. Details are as follows:

	Unit: RMB'0,000, unless otherwise stated
Item	As at March 31, 2021
Total capital	1,992,406.95
Including: Core tier-one capital	1,592,768.66
Other tier-one capital	16,435.00
Tier-two capital	383,203.29
Capital deductions	50,892.00
Including: Core tier-one capital deductions	50,892.00
Other tier-one capital deductions	0.00
Tier-two capital deductions	0.00
Net capital	1,941,514.95
Total risk-weighted assets	16,958,520.38
Core tier-one capital adequacy ratio	9.09%
Tier-one capital adequacy ratio	9.19%
Capital adequacy ratio	11.45%

Note: According to the relevant provisions of the Administrative Measures for the Capital of Commercial Banks (Provisional) (《商業銀行資本管理辦法（試行）》) formulated by the former China Banking Regulatory Commission ("former

CBRC"), the Bank adopted the weighted approach, standardized approach and basic indicator approach to measure capital requirements for its credit risk, market risk and operational risk, respectively.

(III) Investment

As at the end of the first quarter of 2021, the consolidated long-term equity investments of the Bank amounted to RMB1,001,488,200.

(IV) Capital Instruments Issued

1. As approved by the former CBRC and the People's Bank of China (the "PBOC"), the Bank completed the private placement of subordinated bonds for 2012 in an aggregate amount of RMB700 million in the national inter-bank bond market from December 28, 2012 to December 31, 2012. The bonds are ten-year fixed rate bonds issued via private placement and are conditionally redeemable at the end of the fifth year. The actual amount of the placement was RMB700 million with a coupon rate of 7.00%.
2. As approved by the former CBRC and the PBOC, the Bank completed the public issuance of tier- two capital bonds for 2015 in an aggregate amount of RMB800 million in the national inter-bank bond market from April 9, 2015 to April 13, 2015. The tier-two capital bonds are 5+5-year fixed rate bonds issued via public bidding and are redeemable in part or in whole at nominal value at the end of the fifth year, subject to the approval of the competent regulatory authority. The actual amount of the public issuance was RMB800 million with a coupon rate of 6.30%.

2

3. As approved by the former CBRC Jilin Bureau and the PBOC, the Bank completed the public issuance of the first tranche of tier-two capital bonds for 2016 in an aggregate amount of RMB900 million in the national inter-bank bond market from October 18, 2016 to October 20, 2016. The bonds are ten-year fixed rate bonds and are conditionally redeemable at the end of the fifth year. The principal of the bonds shall be repaid in full at maturity. The actual amount of the issuance was RMB900 million with a coupon rate of 4.20%.

During the first quarter of 2021, the Bank settled the interest payments and completed the information disclosure for the above issuances of bonds in strict accordance with the regulatory requirements.

Shareholders and potential investors of the Bank are reminded that the Financial Data and its summary disclosed in this announcement were prepared in accordance with the PRC GAAP, which may require adjustment during the course of auditing.

Shareholders and potential investors of the Bank are reminded that the Financial Data has not been reviewed or audited by the Bank's independent auditors. Differences may arise between such financial information and the data disclosed in audited report due to review and audit adjustment. Shareholders and potential investors of the Bank should exercise caution when dealing in the shares of the Bank and should not rely solely on such information.

By order of the Board

Jilin Jiutai Rural Commercial Bank Corporation Limited*

Gao Bing

Chairman

Changchun, China

April 30, 2021

As of the date of this announcement, the Board comprises Mr. Gao Bing, Mr. Liang Xiangmin and Mr. Yuan Chunyu as executive directors; Mr. Cui Qiang, Mr. Wu Shujun, Mr. Zhang Xinyou, Mr. Wang Baocheng and Mr. Zhang Yusheng as non-executive directors; and Dr. Fu Qiong, Mr. Jiang Ning, Ms. Zhang Qiuhua, Mr. Chung Wing Yin and Mr. Yang Jinguan as independent non-executive directors.

• Jilin Jiutai Rural Commercial Bank Corporation Limited is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking/deposit-taking business in Hong Kong.

3