Trillion-level public offering institutions' equity changes, Swiss Bank approved as a shareholder of ICBC Credit Suisse
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ICBC Credit Suisse Asset Management announced a change in equity, with UBS AG becoming a shareholder with over 5% ownership, holding 20%. The industrial and commercial change registration procedures have been completed, and Industrial and Commercial Bank of China remains the controlling shareholder, holding 80%. The company's English name will change to "ICBC UBS Asset Management Co., Ltd." on June 13, 2025, and related website and email domain names will be updated. ICBC Credit Suisse Asset Management's public offering scale exceeds 780 billion yuan, with non-monetary scale reaching 405 billion yuan
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