Gelonghui, April 19, 丨 Zheshang Bank (02016.HK) announced that the 2022 Second Extraordinary General Meeting of Shareholders of Zheshang Bank Co., Ltd. (hereinafter referred to as the “Company”) reviewed and passed the “Proposal on Issuing Secondary Capital Bonds 2023-2025”. With the approval of the China Financial Supervisory Authority and the People's Bank of China, the company issued a total of RMB 10 billion of secondary capital bonds (hereinafter referred to as “current bonds”) on the national interbank bond market on April 17, 2024, and completed issuance on April 19, 2024.
The issuance scale of the current bond is RMB 10 billion. It is a 10-year fixed interest rate type. The issuer has the right to redeem with preconditions at the end of the 5th year, and the coupon interest rate is 2.54%.