Core Viewpoint - The Ministry of Finance of the People's Republic of China plans to make a strategic investment in Bank of China by subscribing to its A-share stock issuance, aimed at enhancing the bank's capital base and its ability to serve the real economy [1][2]. Group 1: Strategic Investment Overview - The Ministry of Finance intends to subscribe to the bank's stock issuance, with a total fundraising scale not exceeding RMB 165 billion, which will be used to increase the bank's core tier one capital [2][3]. - After the completion of this issuance, the Ministry of Finance's shareholding will not be less than 5%, indicating a significant stake in the bank [1][2]. Group 2: Purpose and Benefits - The strategic investment aims to strengthen the operational capabilities of state-owned commercial banks, enhancing their role in supporting the real economy [1]. - This investment is expected to improve the bank's governance, risk resistance, market competitiveness, and customer service capabilities, while also attracting more long-term and patient capital for sustainable development [1][2]. Group 3: Regulatory and Procedural Aspects - The board of directors of the bank approved the investment proposal on March 30, 2025, and the proposal will require approval from the shareholders' meeting, regulatory authorities, and the Shanghai Stock Exchange before implementation [3]. - The Ministry of Finance does not hold any shares in the bank prior to this issuance, thus not constituting a related party transaction [2].
中国银行: 中国银行股份有限公司关于中华人民共和国财政部战略投资本行的公告