Minsheng Bank (01988) issued an announcement according to the Shanghai Branch of China Securities Registration and Settlement Co., Ltd. “Equity Department...
According to the Zhitong Finance App, Minsheng Bank (01988) issued an announcement. According to the “Notice on Judicial Freezing of Equities and Judicial Transfer of Equities” (2023 Freeze No. 1220-1) of the Shanghai Branch of China Securities Registration and Settlement Co., Ltd., the Beijing Financial Court held the bank's 1,7996 million A-share unlimited tradable shares and 2020, 2021, and 2022 cash dividends for Oceanwide Group. The freeze period is 36 months, calculated from the date of transition to an official freeze. The interest generated during the waiting freeze period is also waiting to be frozen.
The pending freezing of shareholders' shares this time will not cause changes to the bank's largest shareholder and its co-actors, nor will it have a significant impact on the bank's daily operations, management, and corporate governance. If the shares waiting to be frozen are dealt with judicially, it will not cause changes to the bank's largest shareholder and its co-actors.