NJBK(SH:601009) Zhong Guo Ji Jin Bao·2025-09-28 10:20Core Viewpoint - Nanjing Bank has seen increased shareholding from multiple major shareholders following the early redemption of its convertible bonds, indicating a strategic move to maintain or enhance their equity stakes amid market fluctuations [2][6][7]. Shareholder Activity - On September 28, Nanjing Bank announced that BNP Paribas (QFII) increased its shareholding by 108,093,950 shares, raising its total stake from 16.14% to 17.02% [3]. - BNP Paribas (QFII) held 419,851,157 shares before the increase, which rose to 527,945,107 shares after the transaction [4]. - The share price of Nanjing Bank experienced a rebound, moving from 10.46 CNY per share on September 22 to 11.26 CNY per share by September 26 [4]. Other Shareholder Increases - Zijin Trust, a subsidiary of Zijin Group, increased its holdings by 56,779,800 shares between July 18 and September 10, raising its stake from 12.56% to 13.02% [6][7]. - Nanjing Gaoke also completed an increase in shareholding, acquiring 7,507,700 shares from July 24 to August 4, which raised its stake from 8.94% to 9.00% [7]. Impact of Convertible Bond Redemption - The early redemption of "Nanjing Convertible Bonds" led to a dilution of shareholding percentages among major shareholders, prompting them to increase their stakes to counteract this dilution [7]. - Following the bond redemption, the total share capital of Nanjing Bank increased to 12,363,567,245 shares, affecting the ownership percentages of various shareholders [7].