China Everbright Bank (06818) plans to redeem the third phase of preferred shares

Zhitong Finance App News, China Everbright Bank (06818) issued an announcement. The board of directors of the Company reviewed and passed the “Proposal on China Everbright Bank Co., Ltd.'s Exercise of the Third Preferred Stock Redemption Right” on October 30, 2025, agreeing that the Company will redeem the third phase of preferred shares in accordance with the redemption price agreed in the Preferred Stock Prospectus on the premise of obtaining approval or approval from the China Financial Supervisory Administration (FSA) and other supervisory authorities. The voting status of the bill is: 16 valid votes, 16 votes in agreement, 0 votes against, and 0 abstentions.

Recently, the Company received a response from the General Financial Supervisory Authority, and there is no objection to the redemption of the third preferred stock. To this end, the Company plans to redeem the third Preferred Stock on February 11, 2026.