Core Viewpoint - Weihai Bank has successfully issued green financial bonds and special financial bonds for small and micro enterprises in the national interbank bond market, indicating a strategic move to enhance its funding sources and support sustainable development [1] Group 1: Bond Issuance Details - The green financial bonds have an issuance scale of RMB 2 billion, with a coupon rate of 1.85% and a maturity of 3 years [1] - The special financial bonds for small and micro enterprises have an issuance scale of RMB 4 billion, also with a coupon rate of 1.85% and a maturity of 3 years [1]

智通财经APP讯，威海银行(09677)发布公告，该行已在全国银行间债券市场成功发行威海银行股份有限 公司2025年绿色金融债券(绿色金融债券)及威海银行股份有限公司2025年小型微型企业贷款专项金融债 券 (小微企业债券)。绿色金融债券发行规模为人民币20亿元，票面利率为1.85%，期限为3年;小微企业 债劵发行规模为人民币40 亿元，票面利率为1.85%，期限为3年。 ...

威海銀行股份有限公司* 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 WEIHAI BANK CO., LTD.* （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：09677） 關於綠色金融債券及小微企業債券發行完畢的公告 茲提述威海銀行股份有限公司*（「本 行」）日期為2024年3月22日的公告（「該公告」） 及本行日期為2024年3月28日 的 通 函，內 容 有 關（其 中 包 括）本行建議授權發行金 融 債 券。 本 行 欣 然 宣 佈，本 行 已 在 全 國 銀 行 間 債 券 市 場 成 功 發 行 威 海 銀 行 股 份 有 限 公 司2025年綠色金融債券（「綠色金融債券」）及威海銀行股份有限公司2025年小型 微型企業貸款專項金融債券 (「小微企業債券」)。綠 色 金 融 債 券 發 行 規 模 為 人 民 幣20億 元，票 ...

此次获奖，是对威海银行以数据驱动金融创新的高度认可。近年来，威海银行深耕数据要素应用，着力 破解传统金融服务中客户画像模糊、信用评估维度单一、动态风险难以捕捉等痛点，积极推动内外部数 据整合与标准化治理，构建了企业级数据中台，形成了全行统一的数据标准管理体系。在绿色金融领 域，威海银行依托智能数据分析模型，对绿色项目环境效益、碳排放等关键指标进行自动核算，逐步形 成覆盖绿色项目识别、风险评估与效益测算的全流程解决方案。该方案高效支撑"1+3+5+N"绿色金融产 品体系落地，有力助推实体经济绿色低碳转型。 银行频道更多独家策划、专家专栏，免费查阅>> 12月4日，在海南博鳌举办的2025品牌信用建设论坛上，威海银行《数据要素助力绿色金融业务高质量 发展》案例荣获"2025金融新质生产力优秀实践"奖。该论坛由新华社中国经济信息社主办，系2025企业 家博鳌论坛重要组成部分，旨在汇聚政企学研各方智慧，探索以品牌信用建设赋能企业高质量发展的新 路径。 责任编辑：钟离 面向未来，威海银行将持续深化数据治理与技术创新，加强数据协同与应用，推动数据要素全面融入金 融"五篇大文章"，以数据动能助推金融服务提质增效，为区域经济 ...

Core Viewpoint - Weihai Bank has announced a subscription agreement with Tianjin Lian Group to issue up to 150 million H-shares, with the net proceeds aimed at supplementing the bank's core Tier 1 capital [1] Group 1: Share Issuance Details - The subscription price for the H-shares is set at RMB 3.29 per share, representing a premium of approximately 17.97% over the closing price of HKD 3.06 on the Hong Kong Stock Exchange on the announcement date [2] - The total cash consideration for the H-shares is expected to be no more than RMB 493.5 million [2] - The proposed issuance of H-shares accounts for about 15.3% of the total H-shares outstanding prior to the issuance [3] Group 2: Capital Adequacy Concerns - As of the end of Q3 this year, Weihai Bank's core Tier 1 capital adequacy ratio stood at 8.02%, which is close to the regulatory minimum requirement of 7.5% as per the "Commercial Bank Capital Management Measures" [2] - The bank's core Tier 1 capital adequacy ratio was reported at 9.31% at the end of last year, indicating a significant decline and an urgent need for capital replenishment [2] Group 3: Previous Issuance Plans - Earlier in July, the bank's board approved a plan to issue up to 760 million domestic shares and up to 150 million H-shares, with the domestic shares expected to raise no more than RMB 2.49 billion [2] - The domestic shares issuance is aimed at existing domestic state-owned shareholders, including Shandong High-speed Group, which plans to participate in the subscription according to its current shareholding ratio [2] Group 4: Investor Background - Tianjin Lian Group, which is under the Tianjin State-owned Assets Supervision and Administration Commission, has been involved in cross-border capital operations and resource integration, and became one of the top ten shareholders of Weihai Bank last year [4]

Group 1 - The core point of the news is that Weihai Bank has signed an H-share subscription agreement with Jinlian Group to issue up to 150 million H-shares, with the funds raised intended to supplement the bank's core tier one capital [1] - The subscription price is set at RMB 3.29 per H-share, representing a premium of approximately 17.97% over the closing price of HKD 3.06 on the Hong Kong Stock Exchange on the announcement date, with a cash consideration not exceeding RMB 493.5 million [1] - In July, Weihai Bank announced a dual issuance model of "domestic shares + H-shares" to supplement capital, planning to issue up to 758 million domestic shares and up to 154 million H-shares, with a total fundraising cap of RMB 3 billion [1] Group 2 - As of the end of the third quarter of 2025, Weihai Bank's capital adequacy ratio stands at 11.89%, with a tier one capital adequacy ratio of 10.04% and a core tier one capital adequacy ratio of 8.02% [2] - According to the "Commercial Bank Capital Management Measures," the core tier one capital adequacy ratio for non-systemically important banks must not be lower than 7.5%, indicating that Weihai Bank is only 0.52 percentage points away from this regulatory threshold, highlighting the urgency of capital replenishment [2]

Core Viewpoint - Weihai Bank has announced a plan to issue up to 150 million H-shares to Tianlian Group at a subscription price of RMB 3.29 per share, representing a premium of approximately 17.97% over the market price on the announcement date [1][7]. Group 1: Subscription Details - The total cash consideration for the subscription will not exceed RMB 493.5 million [1]. - The subscription price is at a discount of about 19.76% compared to the estimated net asset value of RMB 4.10 per share as of June 30, 2025 [8]. - The issuance is part of a broader capital replenishment plan, with a total fundraising target of up to RMB 3 billion [11]. Group 2: Market Context and Analysis - The premium on the subscription price is considered unusual in previous bank share issuances, raising questions about shareholder acceptance [8]. - Analysts suggest that the premium reflects liquidity and execution certainty costs, as the secondary market has limited trading volume [11]. - Weihai Bank's average daily trading volume was only HKD 0.75 million in 2024, indicating low market activity [11]. Group 3: Shareholder Dynamics - Tianlian Group, a state-owned enterprise, aims to consolidate its position in Weihai Bank by participating in this capital increase [10]. - The transaction is viewed as a strategic move rather than purely transactional, focusing on long-term value and regional cooperation [10]. - The participation of existing shareholders like Tianlian Group is seen as a way to prevent excessive dilution of their ownership [10]. Group 4: Financial Health and Capital Adequacy - As of the end of 2024, Weihai Bank's total assets exceeded RMB 400 billion, reaching RMB 441.464 billion, a year-on-year increase of 12.65% [13]. - The bank's core Tier 1 capital adequacy ratio has decreased to 8.02%, approaching the regulatory minimum of 7.50% [13]. - The net proceeds from this fundraising will be used entirely to bolster the bank's core Tier 1 capital [13].

格隆汇12月22日丨威海银行(09677.HK)宣布，于2025年12月21日，本行与津联集团订立H股认购协议， 据此津联集团有条件同意认购，且本行有条件同意配发及发行不超过1.5亿股H股，认购价为每股H股人 民币3.29元，较联交所所报收市价每股H股3.06港元溢价约17.97%；现金代价不超过人民币4.935亿元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 WEIHAI BANK CO., LTD.* 威海銀行股份有限公司* （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：09677） 訂 立H股認購協議 根據特別授權發行股份 及 委任配售代理 配售代理 茲提述本行日期為2025年7月31日 及2025年9月1日 的 公 告、日 期 為2025年9月 14日的通函（「該等公告及通函」）及日期為2025年9月29日 的2025年第一次臨 時 股 東 大 會、2025年第一次內資股類別股東會議及2025年第一次H股類別 股 東 會 議 的 投 票 表 決 結 果 公 告，內 容 關 於（其 中 包 括）本行建議發行不超過 758,020,103股內資股及不超過153,834,000股H股 予 合 資 格 認 購 方，以 及 山 東 高 速 認 購 方 認 ...

也有市场分析人士对智通财经记者指出，所谓溢价幅度只是相对某个时段的市场价格来说的，不能作为 判定价格过高的标准，股东基于自己投资目的以及其他原因做出认购决策，一般是认可了收购标的在其 投资期的价值。 "从资产净值角度看，这是一笔折价交易。"某券商银行业分析师对智通财经记者说，"而对于老股东津 联集团来说，以相对资产净值较低的价格增持，进一步巩固了其在银行的股权地位。补充资本对于银行 拓展业务至关重要，老股东有时会愿意以略高于市场的价格参与定增，以确保自身股权不被过度稀释。 来源：智通财经 智通财经记者 | 曾令俊 威海银行（09677.HK）30亿元定增方案H股认购方出炉。 12月21日晚间，威海银行公布，该行与津联集团订立H股认购协议，拟向津联集团发行不超过1.5亿股H 股，认购价为每股H股人民币3.29元，较于本公告日期香港联交所所报收市价每股H股3.06港元溢价约 17.97%，现金代价不超过人民币4.935亿元。 如此大的溢价幅度在此前的银行股发行中并不多见，为何能被股东接受？ 汇生国际资本有限公司总裁黄立冲在接受智通财经记者采访时表示，对市场溢价不等于对内在价值溢 价，虽然对收盘价溢价约17.97% ...