Small and medium-sized banks speed up capital replenishment, Weihai Bank's 150 million H-shares placement is finalized.

On December 21, Weihai Bank announced that it had entered into an H-share subscription agreement with Jinlian Group, planning to issue up to 150 million H shares to Jinlian Group, with the net proceeds to be used entirely to supplement the bank's core Tier 1 capital. Currently, the capital adequacy ratio of small and medium-sized banks is under pressure, nearing the regulatory red line. In order to meet regulatory requirements and achieve sustainable development, many small and medium-sized banks are accelerating their capital replenishment pace through methods such as capital increase and equity expansion.