Qingdao Bank (03866.HK) plans to issue A-share convertible corporate bonds to unspecified investors with a total amount not exceeding 4.8 billion yuan.

Zhitong Finance APP news, Qingdao Bank (03866.HK) announced that the bank plans to apply to the Shenzhen Stock Exchange for the issuance of convertible bonds in China to unspecified investors, with a total amount not exceeding RMB 4.8 billion (including RMB 4.8 billion) A shares. The issuance of A-share convertible bonds is subject to approval by the shareholders at the extraordinary general meeting and the general meeting of category shareholders, approval by the Qingdao Regulatory Bureau of the China Banking and Insurance Regulatory Commission, approval by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission.