YIBIN BANK (02596): The stable price period is over and the oversubscribed rights issue is no longer valid.

YIBIN BANK (02596) announced that the stable price period for the global offering ended on February 7, 2025 (Friday) (the 30th day after the deadline for submitting the Hong Kong public offering application). The following stable price actions were taken by the stabilization manager CIMB International Financial Limited or its affiliates or persons acting on their behalf during the stable price period: (1) a total of 22.033 million H shares were oversubscribed in the international offering, accounting for approximately 3.20% of the total number of shares available for subscription under the global offering before the exercise of the oversubscription option; (2) a total of 24.93 million H shares were purchased on the market during the stable price period at a price of HK$2.59 per share, representing approximately 3.63% of the total number of shares available for subscription under the global offering before the exercise of any oversubscription option. The last purchase made by the stabilization manager or its affiliates or persons acting on their behalf on the market during the stable price period was on February 6, 2025 (Thursday) at a price of HK$2.59 per share; and (3) a total of 2.96 million H shares were sold on the market during the stable price period at prices ranging from HK$2.60 to HK$2.67 per share, representing approximately 0.43% of the total number of shares available for subscription under the global offering before the exercise of any oversubscription option. The last sale made by the stabilization manager or its affiliates or persons acting on their behalf on the market during the stable price period was on January 17, 2025 (Friday) at a price of HK$2.61 per share. During the stable price period, the oversubscription option as described in the prospectus was not exercised by the joint global coordinator (on its own behalf and on behalf of the international underwriters) and expired on February 7, 2025 (Friday). Therefore, the bank did not and will not issue H shares under the oversubscription option. Following the end of the stable price period, the number of shares held by the public represents approximately 15% of the total issued share capital of the bank, meeting the minimum public shareholding requirement as stipulated in the exemption for public shareholding provisions.