Core Viewpoint - Weihai Bank has entered into conditional agreements with Shandong Hi-Speed Group and Shandong Hi-Speed for the subscription of domestic shares, indicating strong confidence from major shareholders and aiming to enhance the bank's capital adequacy ratio [1] Group 1: Subscription Agreement Details - The agreements involve the conditional subscription of up to 324,213,962 and 105,816,432 domestic shares, totaling a maximum of 430,030,394 shares [1] - The subscription price is set at RMB 3.29 per share, with total contributions not exceeding RMB 1,066,663,935 and RMB 348,136,062 from Shandong Hi-Speed Group and Shandong Hi-Speed, respectively [1] Group 2: Use of Proceeds - The net proceeds from the share issuance, after deducting related issuance costs, will be used entirely to replenish the bank's core tier one capital [1] - The board believes that the subscription will help demonstrate the confidence of the controlling and major shareholders in the bank, as well as improve the bank's capital adequacy ratio to meet regulatory requirements [1] Group 3: Business Implications - The capital increase is expected to support the bank's stable growth in various business areas and ultimately contribute to the development of the real economy [1]
威海银行(09677.HK)拟配发合共不超4.3亿股内资股