交通银行: 交通银行第十届监事会第十三次会议决议公告

Core Viewpoint - The company has approved a plan to issue A-shares to specific investors, aiming to raise up to RMB 120 billion to enhance its core tier one capital [2][5][9]. Meeting Details - The 13th meeting of the 10th Supervisory Board was held via written consent, with a total of 7 supervisors participating in the voting [1]. - The meeting confirmed compliance with the conditions for issuing A-shares to specific investors, with unanimous approval [2]. Issuance Plan - The type of securities to be issued is ordinary shares (A-shares) with a par value of RMB 1.00 per share [2]. - The issuance will be conducted through a targeted offering, subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2]. - The proposed fundraising amount is not to exceed RMB 120 billion, which will be used entirely to supplement the company's core tier one capital [2][5]. - The issuance price is set at RMB 8.71 per share, which is at least 80% of the average trading price over the 20 trading days prior to the pricing date [2][4]. Subscription and Lock-up - The issuance will target the Ministry of Finance, China Tobacco, and China Shuangwei Investment Co., Ltd., with cash subscriptions [2][9]. - Shares acquired through this issuance will be subject to a five-year lock-up period, with the Ministry of Finance committing not to transfer its shares for 18 months post-issuance [5][9]. Strategic Investors - The company will introduce China Tobacco and China Shuangwei Investment as strategic investors, which is expected to enhance its business development and competitive position [9][11]. Regulatory Compliance - The meeting approved the issuance plan and related reports, confirming compliance with relevant laws and regulations, ensuring no harm to the interests of shareholders, especially minority shareholders [7][8][9]. Future Plans - The company has outlined a three-year dividend return plan for 2025-2027, aiming to establish a stable dividend policy that protects shareholder interests [15].