顺德银行终止深交所主板IPO

Core Viewpoint - The Shenzhen Stock Exchange has decided to terminate the review of Guangdong Shunde Rural Commercial Bank's application for an initial public offering (IPO) and listing on the main board [1][3]. Group 1: Application Process - The application for the IPO was accepted by the Shenzhen Stock Exchange on March 3, 2023, and was reviewed according to regulations [3]. - Shunde Bank submitted a request to withdraw its IPO application, which was supported by its sponsor, China International Capital Corporation [3]. Group 2: Shareholding Structure - As of June 30, 2024, Shunde Bank has no controlling shareholder or actual controller [4]. - Major shareholders include: - Midea Group Co., Ltd. with 492,472,771 shares (9.69% of total shares before the issuance) - Foshan Shunde Chengshun Asset Management Co., Ltd. with 376,532,361 shares (7.41%) - Guangdong Wanhe Group Co., Ltd. with 282,815,909 shares (5.57%) - Guangdong Boyi Architectural Design Institute Co., Ltd. with 279,943,299 shares (5.51%) [4]. Group 3: IPO Details - Shunde Bank planned to issue no more than 1,694,001,402 shares, which would account for 25% of the total shares after issuance [4]. - The funds raised from the IPO, after deducting issuance costs, were intended to be used to strengthen the bank's capital [4]. - The lead underwriter for the IPO was China International Capital Corporation, with representatives Hu Zhidong and Zhu Xiaofei [4].