FilingReader Intelligence

China Everbright Group plans to increase bank shareholding

April 9, 2025 at 05:09 AM UTCBy FilingReader AI

China Everbright Group, the controlling shareholder of China Everbright Bank, announced its intention to increase its stake in the bank by acquiring A-shares through the Shanghai Stock Exchange's trading system. The increase is planned within a 12-month period from the date of this announcement. The move aims to demonstrate confidence in China Everbright Bank's future and the value of long-term capital investment. Currently, China Everbright Group directly and indirectly holds 26,139,048,567 A-shares and 1,866,595,000 H-shares of China Everbright Bank, representing 47.40% of the total share capital. The funds for the share increase will be sourced from China Everbright Group's own capital. The company stated the increase will not exceed 2% of the bank's shares. A previous share increase plan, announced on March 28, 2025, has been completed.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601818Shanghai Stock Exchange
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