
Shareholder of Bank of Qingdao, Qingdao Guoxin Chanquan, increased its holdings by 49 million H shares, raising its stake to over 14%

Bank of Qingdao announced that its shareholder Qingdao Guoxin Chanquan Holdings increased its holdings by 49 million H shares through the Hong Kong Stock Connect on Tuesday, raising its shareholding ratio from 13.55% to 14.39%. The increased shares accounted for 0.84% of the total shares, with the funding sourced from its own funds. Guoxin Chanquan Holdings and its concerted action persons' total shareholding ratio also increased from 17.29% to 18.13%
According to a report from the Economic Information Agency on the 6th, Bank of Qingdao (03866) (Shenzhen: 002948) announced that it received a notification from its shareholder, Qingdao Guoxin Chuanrong Holdings, stating that on Tuesday (the 4th), it increased its holdings by 49 million H shares through the Hong Kong Stock Connect, accounting for 0.84% of the total shares, with the funding sourced from its own capital. The group indicated that after the increase, Guoxin Chuanrong Holdings' shareholding ratio rose from 13.55% to 14.39%, while the combined shareholding ratio of Guoxin Chuanrong Holdings and its concert parties increased from 17.29% to 18.13%. (wh)

