China Huarong: completed the non-public offering of domestic shares and H shares, raising about 41.99 billion yuan

China Huarong announced on the Hong Kong stock exchange that the issuance of domestic shares and H shares had been completed on December 30, 2021. According to the issuance plan, a total of 39215686272 domestic shares were issued to CITIC Group (18823529411 shares), China Insurance Rongxin Fund (14509803921 shares), China Cinda (3921568627 shares) and ICBC investment (1960784313 shares) on December 30, 2021; A total of 1960784313 H shares were issued to China Life Insurance Company Limited(601628) on December 30, 2021. Accordingly, immediately after the issuance of domestic shares and H shares, the total shares of the company increased to 80246679047 shares, including 53242041816 domestic shares and 27004637231 H shares. The total amount of funds raised in this issuance is RMB 4199999996.7, which will be used to supplement the company’s core tier 1 capital after deducting relevant issuance expenses.

(interface News)

 

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