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Bank of Communications answers Exchange's questions on share issuance

April 22, 2025 at 05:19 AM UTCBy FilingReader AI

Bank of Communications (SSE:601328) has addressed the Shanghai Stock Exchange's (SSE) queries regarding its proposed A-share issuance to specific targets, outlining details related to administrative penalties and litigation matters. The bank's legal counsel, King & Wood Mallesons, has supplemented its legal opinion, confirming that the existing administrative penalties, totaling CNY 18,044.16 million, do not constitute a significant legal impediment to the issuance.

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

SSE:601328Shanghai Stock Exchange
Shanghai Blue ChipBanks

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