中粮资本控股股份有限公司第六届董事会第四次会议决议公告

Group 1 - The core point of the article is the announcement of the resolution from the fourth meeting of the sixth board of directors of COFCO Capital, which includes the approval for its subsidiary, China-UK Life Insurance, to issue perpetual capital bonds not exceeding RMB 2 billion [2][6][15] Group 2 - The board meeting was held on December 12, 2025, with all 7 directors present, and it complied with the relevant regulations of the Company Law and the Articles of Association [2] - The proposal for the issuance of perpetual capital bonds was unanimously approved with 7 votes in favor [2][6] - The bonds will have a face value of RMB 100 each, with a total issuance amount not exceeding RMB 2 billion, subject to market conditions [6][12] Group 3 - The bonds will be perpetual, meaning they do not have a fixed maturity date and will remain in effect as long as China-UK Life continues its operations [7] - The interest rate will be adjusted every 5 years, with the initial rate determined through a book-building process [8] - The bonds will be issued to institutional investors in the national interbank bond market, excluding those prohibited by laws and regulations [10] Group 4 - The funds raised from the bond issuance will be used to supplement core tier 2 capital, enhancing the solvency of China-UK Life and supporting its sustainable business development [12] - The underwriting will be conducted by a lead underwriter through a balance underwriting method, with future listing arrangements to be determined based on market conditions and regulatory approvals [13]