Zheng Quan Zhi Xing·2025-06-20 10:50Fundraising Overview - China Postal Savings Bank has received approval from the China Securities Regulatory Commission to issue 20,933,977,454 A-shares, raising a total of RMB 130 billion, with a net amount of RMB 129,961,940,637.58 after deducting issuance costs [1][2] Fund Management Agreement - The bank has signed a tripartite supervision agreement for the management and use of the raised funds with China International Capital Corporation and CITIC Securities on June 17, 2025 [2][3] - The agreement stipulates that the raised funds must be used solely for designated purposes and outlines the responsibilities of the underwriters in supervising the fund usage [3][4] Fund Storage Details - The funds are stored in a dedicated account at China Postal Savings Bank, with a total amount of RMB 129,999,632,075.47 allocated for core tier one capital [3][4] - The agreement includes provisions for regular audits and oversight by the underwriters, ensuring compliance with relevant regulations [4][5]