Core Viewpoint - Luzhou Bank's large-scale capital increase plan may be aborted due to shareholder objections, leading to the postponement of the proposal for non-public issuance of H-shares [2][3] Group 1: Capital Increase Plan - Luzhou Bank announced a plan to issue up to 1 billion new H-shares, aiming to raise at least HKD 18.5 billion [2][5] - The planned issuance was to be priced at approximately 50% of the bank's projected net asset value per share for 2024, indicating a "below net asset value" capital increase strategy [2][4][5] - The board decided to postpone the proposal to allow management to consider shareholder feedback before resubmitting it for approval [2][3] Group 2: Financial Health and Background - As of the end of last year, Luzhou Bank's total assets exceeded CNY 170 billion, with a core Tier 1 capital adequacy ratio of 8.27%, below the national average of 11% for commercial banks [3][4] - Luzhou Bank, a state-owned enterprise from Sichuan, became the first city-level bank in the western region to be listed on the Hong Kong Stock Exchange at the end of 2018 [3] - The bank's major shareholders include Luzhou Laojiao Group and the Sichuan Jiale Enterprise Group, with state-owned shares accounting for over 51% [3]
临阵撤“案” 泸州银行大规模定增计划或夭折