Zhitong Finance App News, Minsheng Bank (01988) announced that the bank received a notification letter from shareholder China Oceanwide Holding Group Co., Ltd. (hereinafter referred to as “Oceanwide Group”) on April 24, 2024. As a result of triggering the loan clause, Oceanwide Group's indirect holding subsidiary, Oceanwide International Equity Investment Co., Ltd., held about 343.38 million unlimitedly tradable H shares of the bank was requested by creditor Bank of Switzerland Limited (UBS AG) London Branch on April 24 to complete the transfer, accounting for the bank's total share capital 0.08%
Prior to this equity change, Oceanwide Group and its co-actors held about 2,219.6 billion unrestricted tradable shares of the bank, accounting for 5.07% of the bank's total share capital. After this change in equity, Oceanwide Group and its co-actors held 2.85 billion unrestricted tradable shares of the bank, accounting for 4.99% of the bank's total share capital.