Chengdu Bank's actual controller boosts stake, signaling confidence

Bank of Chengdu announced that its actual controller, through Chengdu Industrial Capital Holding Group Co. and Chengdu Xintianyuan Investment Co., has progressed on a shareholding increase plan. Between August 27 and November 21, 2025, Chengdu Industrial Capital Holding Group increased its holdings by 14,044,750 shares, representing 0.3314% of total shares, with an investment of CNY 25,265.94 million. Chengdu Xintianyuan cumulatively increased its holdings by 20,202,237 shares, representing 0.4766% of total shares, with an investment of CNY 35,834.97 million.

Following these increases, Chengdu Industrial Capital Holding Group now holds 256,926,336 shares (6.0618%), and Chengdu Xintianyuan holds 181,136,235 shares (4.2737%). The increase plan is not yet fully implemented, and both entities intend to continue acquiring Bank of Chengdu shares using their own funds.

The total stake held by entities controlled by the Chengdu State-owned Assets Supervision and Administration Commission (SASAC) in Bank of Chengdu is currently within the 30% to 50% range. The Chengdu SASAC has committed not to reduce its holdings in the bank during the plan's implementation period and legally stipulated periods.