Core Viewpoint - Jiujiang Bank plans to issue up to 860 million domestic shares and up to 175 million H-shares to enhance its core tier one capital and optimize its equity structure, marking its second capital increase plan in recent years [1][2][4] Group 1: Capital Increase Details - The funds raised will be used entirely to supplement core tier one capital, enhancing the bank's risk resilience and optimizing its equity structure [2] - If the issuance reaches its upper limit, Jiujiang Bank's total share capital will increase from 2.847 billion shares to 3.882 billion shares, representing a growth of over 36% [2] - The domestic shares will be issued to no more than 35 qualified domestic institutional investors, including major shareholders [2][4] Group 2: H-share Issuance - The H-share issuance will involve up to 175 million shares, targeting no more than 10 independent qualified investors [4] - The actual number of shares issued will depend on regulatory approvals and market conditions [4] - The pricing mechanism will consider the bank's financial status, market environment, and legal requirements, with H-share prices adjusted to align with domestic shares if issued simultaneously [4] Group 3: Industry Context - This capital increase is part of a broader trend among local banks, with state-owned capital playing a significant role in these initiatives [5][6] - Several local banks have launched capital increase plans this year, with state-owned entities as key investors, enhancing their capital adequacy and supporting local economic development [5][6][8] - The capital adequacy ratio for city commercial banks is currently lower than that of larger state-owned banks, highlighting the need for these capital increases [7][8]