Core Viewpoint - Changsha Bank plans to fully redeem its preferred shares, totaling 600 million shares, on December 25, 2025, amounting to a total value of 6 billion RMB [1][5]. Redemption Scale - The bank intends to redeem all 60 million preferred shares, each with a par value of 100 RMB, resulting in a total redemption scale of 6 billion RMB [1]. Redemption Price - The redemption price will include the par value of the preferred shares plus any declared but unpaid dividends [2]. Redemption Date - The redemption will occur on the dividend payment date for the preferred shares, which is December 25, 2025 [3]. Payment Method - Payment to preferred shareholders will be made on December 25, 2025, covering the par value and dividends accrued from December 25, 2024, to December 24, 2025 [4]. Redemption Procedure - The bank's board has been authorized to handle all matters related to the redemption process, including compliance with legal requirements and market conditions. The board approved the redemption plan on March 28, 2025, and received no objections from the regulatory authority [5].
长沙银行股份有限公司关于赎回优先股的第三次提示性公告