Shaanxi International Trust's A-share issuance plan advances with regulatory approvals

Shaanxi International Trust Co., Ltd. has received acceptance from the Shenzhen Stock Exchange for its application to issue A-shares to specific investors, as announced on November 25, 2025. This follows approvals from the Shaanxi Provincial Department of Finance on May 21, 2025, and the Shaanxi Regulatory Bureau of the National Financial Regulatory Administration on November 20, 2025. CITIC Securities Company Limited is the sponsor for this offering.

The proposed issuance involves A-shares to a maximum of 35 specific investors, with total proceeds not exceeding 3.8 bn yuan. The funds, after deducting issuance expenses, will replenish the company's capital, aiming to enhance its risk resistance and support strategic transformation. The offering is subject to further review by the Shenzhen Stock Exchange and registration approval by the China Securities Regulatory Commission.

Shares purchased by investors will be subject to a six-month lock-up period from the completion of the issuance. The company's business scope includes various trust services, capital management, and investment advisory, with a strong focus on actively managed trust assets.