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Weihai Bank (09677) plans to issue no more than 328 million domestic shares to Caixin Assets to raise no more than 1,079 million yuan

Zhitongcaijing·12/24/2025 09:41:02
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According to Zhitong Finance App, Weihai Bank (09677) announced that on December 24, 2025, the bank signed a domestic share subscription agreement with Caixin Assets. The bank plans to issue no more than 327,989,709 domestic shares to Caixin Assets. The subscription price is RMB 3.29 per domestic share, and the cash cost is no more than RMB 1,079,086,143. The net amount of funds raised in this offering after deducting the relevant issuance fees will be used to supplement the bank's core Tier 1 capital.