Core Viewpoint - Weihai Bank plans to raise up to 3 billion yuan through a private placement of domestic shares and H-shares to improve its capital adequacy ratio and support business growth [1] Group 1: Capital Raising and Share Issuance - The bank's board will seek special authorization from shareholders for the issuance of up to approximately 758 million domestic shares and 154 million H-shares [1] - The net proceeds from the issuance will be used entirely to supplement the bank's core Tier 1 capital after deducting related issuance costs [1] - Major shareholders Shandong High-speed Group and Shandong High-speed Co., Ltd. intend to participate in the capital increase, with Shandong High-speed planning to subscribe for up to approximately 106 million domestic shares, totaling no more than approximately 348 million yuan [1] Group 2: Shareholding Structure - Shandong High-speed holds an 11.60% stake in Weihai Bank, while Shandong High-speed Group directly holds 35.56%, controlling a total of 47.16% of the bank [1] - Post-investment, the shareholding ratios of Shandong High-speed Group and Shandong High-speed in Weihai Bank will remain unchanged at 35.56% and 11.60%, respectively [1] Group 3: Industry Context - The core Tier 1 capital adequacy ratio of Weihai Bank was 9.31% at the end of 2024, showing a 0.54 percentage point increase from the end of 2023 but a 0.57 percentage point decrease from the end of 2020 [2] - There is increasing pressure on capital supplementation for small and medium-sized banks, particularly due to narrowing net interest margins and profitability challenges [2] - Over 10 small and medium-sized banks have received approval for capital increases or targeted placements this year, indicating a trend of regional state-owned capital actively participating in these efforts [2][3]
威海银行拟发行股份募资不超30亿 用于补充核心一级资本