WEIHAI BANK (09677) plans to issue up to approximately 328 million domestic shares to Caixin Asset, raising funds of up to 10.79 billion yuan.

17:36 24/12/2025

Weihai Bank (09677) announced that on December 24, 2025, the bank entered into a domestic stock subscription agreement with Caixin Assets. The bank plans to issue up to 327,989,709 domestic shares to Caixin Assets at a subscription price of RMB 3.29 per share, with a total cash consideration not exceeding RMB 1,079,086,143. The funds raised from this issuance, after deducting relevant issuance expenses, will be used entirely to supplement the bank's core Tier 1 capital.

WEIHAI BANK (09677) announced that on December 24, 2025, the bank entered into a domestic stock subscription agreement with Caixin Assets. The bank plans to issue a maximum of 327,989,709 domestic shares to Caixin Assets at a subscription price of RMB 3.29 per share, with a cash consideration not exceeding RMB 1,079,086,143. The funds raised from this issuance, net of related issuance expenses, will be used entirely to supplement the bank's core Tier 1 capital.

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