Shang Hai Zheng Quan Bao·2026-01-09 20:05Core Viewpoint - China Minsheng Bank has approved the acquisition of shares in Linzhi Minsheng Village Bank from related parties, enhancing its ownership and facilitating the bank's restructuring [1][4]. Summary by Sections 1. Overview of Related Transactions - The bank will acquire 2.8345% (2.5 million shares) from Giant Investment for 2 million RMB and 1.7007% (1.5 million shares) from Southern Hope for 1.2 million RMB, using its own funds [4][10]. 2. Related Party Information - Giant Investment is controlled by Shi Yuzhu, holding 4.97% of the bank's shares, while Southern Hope, controlled by Liu Yonghao, holds 5.26% [5][6]. 3. Details of the Transaction - The transaction is classified as a related party transaction and does not constitute a major asset restructuring. It does not require shareholder approval [4][5]. 4. Transaction Pricing - The share transfer price is set at 0.8 RMB per share, based on the bank's audited net assets as of March 31, 2025 [10][11]. 5. Purpose and Impact of the Transaction - This acquisition aims to increase the bank's stake in Linzhi Minsheng Village Bank, aiding in its restructuring without adversely affecting the bank's operations or financial status [13][14]. 6. Approval Process - The transaction was reviewed and approved by the bank's independent directors and board meetings, with no dissenting votes recorded [14][16].