Ya'an City Commercial Bank's plan for capital increase and share expansion has been approved.
On December 22, the Sichuan Financial Regulatory Bureau issued the "Approval of the Share Capital Increase Plan and Related Shareholder Qualifications of Ya'an City Commercial Bank Co., Ltd.", approving the share capital increase plan submitted by Ya'an City Commercial Bank, with a targeted offering of no more than approximately 957 million shares. The approval explicitly allows Ya'an Economic and Technological Development Zone Finance Bureau, Tianquan County Finance Bureau, Lushan County Finance Bureau, and Baoxing County Finance Bureau to qualify as shareholders.
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