For Immediate Release 26 August 2016

（Stock Code: 2066.HK）
2016 Interim Results Announcement
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Shengjing Bank Achieved Remarkable Interim Performance,
with Both Revenue and Net Profit Maintained Double-Digit Growth

(26 August 2016 - Hong Kong) Shengjing Bank Co., Ltd ("Shengjing Bank", or "the Bank", stock code: 2066.HK), the largest city commercial bank in terms of total assets in Northeast China, is pleased to announce its interim results for the six months ended 30 June 2016.

As of 30 June 2016, the total assets of the Bank were RMB806,156 million, representing an increase of 14.9% as compared to that at the beginning of the year; the balance of deposits from customers amounted to RMB445,194 million, representing an increase of 10.6% as compared to that at the beginning of the year; the net loans and advances to customers amounted to RMB221,557 million, representing an increase of 15.7% as compared to that at the beginning of the year; and the non-performing loan ratio was 0.53%, being well below the average ratio of the banking industry nationwide..

In the first half of 2016, the Bank's profit before taxation was RMB4,693 million, representing an increase of 12.5% compared to that in the same period of last year; net profit was RMB3,622 million, representing an increase of 13.2% compared to that in the same period of last year, which was mainly attributable to the steady growth of interest-earning assets, leading to an increase of RMB859 million or 15.3% of net interest income to RMB6,485 million. The operating income of the Bank amounted to RMB7,788 million, representing an increase of 11.4% compared to that in the same period last year. The capital adequacy ratio, tier-one capital adequacy ratio and core tier-one capital adequacy ratio of the Bank were 12.37%, 9.00% and 9.00% respectively.

In the first half of 2016, having faced the continued slowdown in economic growth rate and decrease in assets quality in certain fields, Shengjing Bank insisted on conducting a forward-looking market analysis and a strategy of prudent risk control. The Bank also deepened its efforts to upgrade its development by creative means and comprehensive operation strategy. In addition, the Bank continued to enrich the offerings of its products and expand its license and authorisation scope. The Bank also enhanced its pricing management and operation costs control mechanisms. As a result, during the economic downturn, the Bank's profitability continued to grow, the quality of its assets remained desirable, and the perspectives of its future growth were increasingly promising.

By virtue of the Bank's healthy performance results, assets of high quality, comprehensive service functions, outstanding brand value, and some of its unique advantages such as fast decision-making process, sound risk control, and limit on costs, the Bank was listed among China's Top 500, ranking the 364th. It also ranked the 186th among Top 1000 World Banks in 2016 published by the Banker magazine in UK, representing an improvement of six positions as compared with the ranking in 2015, ranking the 24th among other Chinese banks in the list. In addition, it ranked the 23rd among Top 100 in Chinese Banking Industry for 2016 published by Chinese Banking Industry. The Bank also received a credit rating at the highest score, AAA, granted by China Lianhe Credit Rating Co. whereas only nine banks obtained the same credit rating among all one hundred banks on municipality level in the country participating in the rating system. Other honours that the Bank received included "The Best Innovation Project Award of China Finance Industry in 2016" for its project on Application of Multi-application Modes in Dual-Live Data Centre.

Tightened Risk Control and Established Innovative Diversified Development

Shengjing Bank continued to adhere to the risk control strategy that aims to achieve prudence and stability and to strengthen the study on forward-looking risk control strategy. The Bank also emphasised the risk control function of particular working group lines and local branches and clarified the responsibilities accordingly. The Bank strictly guarded the bottom line of risk control and prevented taking on excessive risks that may eventually lead to loss in assets value. At the same time, the Bank strictly managed and controlled the risk level of both the new business and the existing business. As a result the Bank operated in steady compliance with the regulatory regimes. As of the end of June, the Bank's non-performing loan ratio was well below the average ratio of the banking industry nationwide.

Meanwhile, the Bank deepened the strategic transformation and innovation by accelerating the transformation from a traditional business to the newly-emerged business and from a traditional operating structure to the comprehensive operating structure. The first consumer finance company in the Northeast China, Shengjing Bank Consumer Finance Co., Ltd, was approved and officially opened for business. The Bank will further expanded its loans and credit assets, transaction assets, interbank assets, and investment assets, which formed a layout of diversified development; played a highly functional role as a specialised institution of asset operation centre, a small enterprises financial service centre, and a credit card centre; and implemented a strategy of cost fees management and control mainly based on the value management. In addition, the Bank further refined the management mechanisms to promote the quality and efficiency of the entire entity's operation.

Outlook: Gathering New Momentum for Regional Economic Development

Currently, the global economy recovers at a slow rate. Meanwhile, the domestic economy is in a key stage to accomplish structure adjustment, dynamics transformation and industry upgrade. In the process, the economic growth slows down and the risk management in the bank industry becomes increasingly challenging. On the other hand, the process of finance marketisation is on acceleration and there is an increasing trend to apply Internet to financial industry, which brings about severe challenges and tests to commercial banks in their efforts to expand business, increase profits, and improve product quality. However, with the deeper implementation of the structural reform of the supply side, especially along with the implementation of national strategies "One Belt and One Road", "Beijing-Tianjin Synergy Development", "Revitalisation of Yangtze River Economic Zone" and the new round of "Revitalisation of the Northeast China", Shenyang - Dalian High- Tech Developmental Zone was upgraded to one of the national independent innovative demonstration zones, and the fast developing Internet technology brought about more options of technologies and models. All these factors have provided new options in market, business and client base which would enable the banking industry to explore new profit growth and operation development opportunities. The Bank will seize the opportunities by further implementing the strategy of innovation-driven development, focusing on quality improvement and business services function upgrade, prioritising the development of risk management and control and talents, further strengthening the client relationship management and operation quality, and continuing to expand business products and function license. Those measures will therefore provide new potential for the Bank to further deepen its strategy transformation and comprehensive operating innovation.

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About Shengjing Co., Ltd. （stock code: 2066.HK）

Shengjing Bank, headquartered in Shenyang, Liaoning Province, is the largest city commercial bank in terms of total assets in Northeast China. As of 30 June 2016, the Bank has 18 branches in Shenyang, Beijing, Shanghai, Tianjin, Changchun and so on. Shengjing Bank as well as its subsidiaries mainly operated corporate and personal deposits, loans and advances to customers, settlement, treasury business and other banking services as approved in mainland China.

In 2016, Shengjing Bank was listed among China's Top 500, ranking the 364th. It also ranked the 186th among Top 1000 World Banks in 2016 published by the Banker magazine in UK, representing an improvement of six positions as compared with the ranking in 2015, ranking the 24th among other Chinese banks in the list. In addition, it ranked the 23rd among Top 100 in Chinese Banking Industry for 2016 published by Chinese Banking Industry. The Bank also received a credit rating at the highest score, AAA, granted by China Lianhe Credit Rating Co. whereas only nine banks obtained the same credit rating among all one hundred banks on municipality level in the country participating in the rating system. Other honours that the Bank received included "The Best Innovation Project Award of China Finance Industry in 2016" for its project on Application of Multi-application Modes in Dual-Live Data Centre.

This press release is issued by Wonderful Sky Financial Holdings Limited on behalf of SHENGJING BANK CO., LTD..

For further information, please contact:
Wonderful Sky Financial Group Limited
Christine Wang / Charles Liu
Tel: 852 3641 1305 / 3910 2176
Fax: 852 2598 1588
Email: shengjing@wsfg.hk