China CITIC Bank (00998): Preferred shares to be redeemed

According to the Zhitong Finance App, China CITIC Bank (00998) announced that on October 21, 2016, the bank will privately issue 350 million domestic preferred shares, with an issuance scale of 35 billion yuan. The stock abbreviation is “CITIC Premium 1”, and the stock code is 360025. The bank plans to redeem all 350 million issued preferred shares, each with a face value of RMB 100 and a total size of RMB 35 billion. According to the current preferential share redemption work schedule, the bank's current preferred stock listing will be terminated on October 26, 2026.