On February 14, Bank Of Chongqing Co.Ltd(601963) issued an announcement on measures to stabilize the stock price. It is proposed to take measures to increase the shares held by the current directors, senior managers and the largest shareholder of the bank to stabilize the stock price, with a total increase of no less than 26.6224 million yuan.
The announcement shows that from January 4 to February 7, Bank Of Chongqing Co.Ltd(601963) A shares have closed at a price lower than the bank’s latest audited net assets per share (adjusted to 10.91 yuan) for 20 consecutive trading days, triggering measures to stabilize the stock price. On February 14, Bank Of Chongqing Co.Ltd(601963) convened the board of directors and passed the proposal on starting measures to stabilize the share price of a shares, which decided that 7 directors and 5 senior managers of the bank would increase the shares of the bank by no less than 763400 yuan, and Chongqing Yufu, the largest shareholder of the bank, would increase the shares of the bank by no less than 25.859 million yuan, with a total increase of no less than 26.6224 million yuan.
