China Everbright Group increases stake in China Everbright Bank

China Everbright Bank announced that its controlling shareholder, China Everbright Group, has made progress on its share increase plan. The plan, disclosed on April 8, 2025, involves increasing A-share holdings through the Shanghai Stock Exchange, with a total investment ranging from no less than 50 million yuan to no more than 100 million yuan over 12 months.

As of the announcement date, China Everbright Group has acquired 13,970,000 A-shares, representing 0.02% of the bank's total share capital. The total amount invested to date is 51,660,999 yuan. This brings China Everbright Group's direct and indirect A-share holdings to 26,153,018,567 shares, maintaining its overall stake at 47.42% of the total share capital.

The bank noted that the share increase is funded by China Everbright Group's own funds. While the plan is proceeding, the bank cautioned about potential risks, including changes in capital market conditions or other unforeseen factors that could delay or prevent its full implementation.