Zheng Quan Zhi Xing·2025-06-18 10:33Group 1 - The core point of the article is the issuance of A-share convertible bonds by Chongqing Bank, with a total face value of 13 billion yuan approved for public offering [2][3][11] - The initial conversion price for the bonds is set at 11.28 yuan per share, which will be adjusted based on specific corporate actions such as stock dividends and capital increases [4][5][12] - The bonds are scheduled to pay interest annually, with the first interest payment occurring on March 24, 2025, at a rate of 1.00% [12][11] Group 2 - Chongqing Bank's financial performance for 2024 shows a net profit of 5.52 billion yuan, reflecting a year-on-year increase of 5.59% [9][10] - Total assets reached 856.64 billion yuan, marking a 12.73% increase from the previous year, while customer loans and advances totaled 440.62 billion yuan, up 12.13% [9][10] - The bank's core tier 1 capital adequacy ratio stands at 9.88%, slightly improved from the previous year, while the non-performing loan ratio decreased to 1.25% [10][9] Group 3 - The funds raised from the bond issuance are fully allocated to support the bank's future business development and will be used to supplement core tier 1 capital after bondholders convert their bonds [11][10] - The bond trustee, China Merchants Securities, has been actively monitoring the issuer's credit status and the use of raised funds to protect bondholders' interests [11][12] - The bonds do not require a guarantee as the bank's net assets exceed the required threshold [11][10]