浙商银行（601916）(02016)发布公告，为推动该行高品质发展，夯实资本基础，降低资本成本，董事 会决议根据实际经营需要，适时发行资本债券。该事项尚需提交股东大会审议及批准，并取得相关监管 机构的核准。 该行在取得股东大会审议及批准，并取得相关监管机构核准的情况下，按照下列条款及条件发行资本债 券：(1)发行规模：资本债券不超过人民币450亿元。(2)工具类型：资本债券，包括无固定期限资本债 券，以及二级资本债券。(3)期限：(a)无固定期限资本债券：与该行持续经营存续期一致;(b)二级资本债 券：不少于5年。(4)赎回选择权：自发行之日起满5年后，该行有权在获得监管机构认可的前提下，全 部或部分赎回无固定期限资本债券及二级资本债券。(5)利率：参考市场利率确定。(6)损失吸收方式： 当发行档约定的触发事件发生时，采用减记方式吸收损失。(7)募集资金用途：(a)无固定期限资本债 券：依据适用法律法规和监管机构的批准，补充该行其他一级资本;(b)二级资本债券：依据适用法律法 规和监管机构的批准，补充该行二级资本。(8)决议有效期：自股东大会批准发行本次资本债券之日起 至金融监管总局批准后24个月为止。 ...

Core Viewpoint - Zhejiang Commercial Bank plans to issue capital bonds to enhance its capital base and reduce capital costs, pending approval from shareholders and regulatory authorities [1] Summary by Relevant Sections Issuance Details - The bank intends to issue capital bonds with a maximum scale of RMB 45 billion [1] - The types of instruments include perpetual capital bonds and subordinated capital bonds [1] - The duration for perpetual capital bonds aligns with the bank's ongoing operations, while subordinated capital bonds will have a minimum term of 5 years [1] Redemption and Interest Rate - The bank has the right to redeem the perpetual capital bonds and subordinated capital bonds in whole or in part after 5 years, subject to regulatory approval [1] - Interest rates will be determined based on market rates [1] Loss Absorption and Fund Utilization - Loss absorption will be executed through write-downs upon the occurrence of specified trigger events [1] - Proceeds from the perpetual capital bonds will be used to supplement the bank's other Tier 1 capital, while the subordinated capital bonds will be used to supplement Tier 2 capital, both subject to legal and regulatory approvals [1] Approval Timeline - The resolution for issuing the capital bonds is valid for 24 months following shareholder approval until regulatory approval is obtained [1]