Tai'an Bank's state-owned shares have increased to over 90%.

date
30/04/2025
Tai'an Bank disclosed in its 2024 annual report that last year the bank had multiple equity transfers and completed a 4 billion share capital increase, expanding the total share capital to 3.3 billion shares. All of the shares are held by legal persons, totaling 16. According to statistics, since 2017 under the leadership of the Tai'an municipal government, Tai'an Bank has been promoting equity restructuring, with the proportion of state-owned shares continuously increasing. By the end of 2024, the proportion of state-owned shares in the bank had increased to over 90%.