浦发银行核准上海国际集团350亿元综合授信额度

Core Viewpoint - Shanghai Pudong Development Bank's board approved a significant related party transaction, granting a comprehensive credit limit of RMB 35 billion to its major shareholder, Shanghai International Group Co., Ltd, for a period of one year [1] Group 1: Transaction Details - The approved credit limit of RMB 35 billion represents 4.75% of the bank's most recent audited net assets, qualifying it as a major related party transaction [1] - Shanghai International Group and its subsidiaries collectively hold 29.09% of the shares in Shanghai Pudong Development Bank, categorizing them as a related party [1] - The transaction was reviewed and approved by the bank's risk management and related party transaction control committee, as well as a special meeting of independent directors, and does not require shareholder approval [1] Group 2: Transaction Conditions - The credit transaction will be conducted under terms that are not more favorable than those offered to non-related parties [1] - The bank will not accept its own shares as collateral for this credit limit [1] - The bank stated that this credit facility is part of normal banking operations and will not significantly impact its ongoing operational capacity, profit and loss, or asset status [1]