According to CoinMeta, on November 4th, the central bank announced that an additional 5 systemically important city commercial banks were added to the list of institutions eligible for support under the stock repurchase and refinancing program. This brings the total to 21 national banks and 5 city commercial banks. The newly added banks include Ningbo Bank, Jiangsu Bank, Shanghai Bank, Nanjing Bank, and Beijing Bank. Several officials from these city commercial banks confirmed this news, stating that it will help to leverage the customer resources and local service capabilities of regional banks in order to further broaden the financing channels for listed companies and their major shareholders.