BANKOFJIUJIANG(06190): The Jiujiang City Finance Bureau intends to subscribe for no more than 500 million yuan of domestic shares.

date
22:10 23/01/2026
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GMT Eight
Jiujiang Bank (06190) announced that the company has received letters of intent from the Jiujiang Municipal Finance Bureau and Industrial Bank on January 23, 2026, regarding the proposed issuance of non-publicly listed domestic shares and H shares with special authorization.
BANKOFJIUJIANG (06190) announced that the company proposes to issue non-publicly issued domestic shares and H shares with special authorization. The Bank has received letters of intent from the Finance Bureau of Jiujiang City and Industrial Bank on January 23, 2026, respectively. According to the letters of intent, the Finance Bureau of Jiujiang City intends to subscribe for domestic shares not exceeding RMB 500 million, which does not exceed about 12.85% of the total amount of funds raised in this issuance, subject to approval from the regulatory authorities and shareholders' approval at the temporary shareholders' meeting and category shareholders' meeting. Industrial Bank intends to subscribe for a total amount of domestic shares not exceeding the percentage of the total funds raised in this issuance, which does not exceed about 10.34% of the shares held by Industrial Bank on the date of the letter of intent. The main purpose of this issuance is to effectively supplement the Bank's core Tier 1 capital, enhance its risk resistance capabilities, and optimize its ownership structure. The intention of the main shareholders to subscribe for domestic shares indicates their positive expectations for the Bank's future and support for its long-term development, which is beneficial for optimizing the Bank's capital structure, enhancing the core competitiveness of its main business, and creating greater value for shareholders.