Bank of Zhengzhou to release 328m restricted A-shares in november 2025

Bank of Zhengzhou Co., Ltd. announced that 328,515,000 restricted A-shares will become tradable on November 27, 2025. These shares represent 4.6455% of the bank's total A-shares and 3.6132% of its total share capital. The shares originate from a non-public offering approved in 2020 and were held by Zhengzhou Investment Holding Co., Ltd. and Henan Guoyuan Trading Co., Ltd.

Initially, Zhengzhou Investment Holding subscribed for 171,500,000 shares and Henan Guoyuan Trading subscribed for 100,000,000 shares. Following two capital reserve to share capital transfers in December 2021 and July 2023, these holdings increased to 207,515,000 shares and 121,000,000 shares, respectively. Both shareholders have fulfilled their commitment not to transfer these shares for 60 months from the listing date of the non-public offering.

As of November 17, 2025, after this release, Bank of Zhengzhou's restricted shares will decrease to 42,336,469, while unrestricted A-shares will increase to 7,029,296,889. The total number of shares will remain at 9,092,091,358.