Luzhou Bank (01983) plans to conduct a non-public issuance of H shares based on special authorization.

date
01/04/2025
avatar
GMT Eight
LUZHOU BANK (01983) announced that at the board meeting held on April 1, 2025, the board of directors approved a proposal to issue up to 1 billion new H shares based on a special authorization to be sought at the shareholders' meeting and class shareholders' meeting. This represents approximately 36.79% of the total issued share capital of the bank before the H share issuance and approximately 132.78% of the existing issued H shares of the bank. Additionally, this represents approximately 26.90% of the total issued share capital of the bank after the H share issuance and approximately 57.04% of the existing issued H shares of the bank after the H share issuance.

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