China Minsheng Banking Corp.Ltd(600016) (01988): the shareholder oceanwide group holds about 1.8 billion a shares, and the non tradable shares are waiting to be frozen

China Minsheng Banking Corp.Ltd(600016) (01988) announced that due to the dispute over bond trading, the Beijing Financial court had to wait for the freezing of the group shareholder oceanwide group holding about 1.8 billion A-Shares of the bank. The waiting freeze starts from the date when it is officially frozen to the date when the 36 month period expires. The interest generated from the above shares waiting to be frozen shall be frozen together.