Ge Long Hui·2026-01-07 10:26Core Viewpoint - China Everbright Bank announced the redemption of its third tranche of preferred shares, originally issued in July 2019, subject to regulatory approval [1] Group 1: Issuance and Redemption Details - The bank issued 350 million preferred shares in a private placement on July 15, 2019, totaling 35 billion RMB [1] - The board approved the redemption of the third tranche of preferred shares on October 30, 2025, pending approval from the National Financial Regulatory Administration [1] - The voting results for the resolution were unanimous, with 16 votes in favor and no opposition or abstentions [1] Group 2: Regulatory Approval and Disclosure - The bank decided to delay the disclosure of the redemption information until receiving the necessary regulatory approvals [1] - The bank has received a response from the financial regulatory authority indicating no objections to the redemption of the third tranche of preferred shares [1] - The planned redemption date for the preferred shares is set for February 11, 2026 [1]