
Shareholder of Bank of Qingdao, Qingdao Guoxin Chanquan, increased its holdings by 49.99 million H shares, raising its stake to over 13%

Bank of Qingdao announced that its shareholder Qingdao Guoxin Chuanrong Holdings increased its holdings by 49.9875 million H shares through the Hong Kong Stock Connect on Monday, raising its shareholding ratio from 12.69% to 13.55%. After the increase, the combined shareholding ratio of Guoxin Chuanrong Holdings and its concerted actors rose from 16.43% to 17.29%
According to a report from Economic Information Daily on the 5th, Bank of Qingdao (03866)(Shenzhen: 002948) announced that it received a notification from its shareholder, Qingdao Guoxin Chuanrong Holdings, stating that on Monday (the 3rd), it increased its holdings by 49.875 million H shares through the Hong Kong Stock Connect, accounting for 0.86% 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 12.69% to 13.55%, while the combined shareholding ratio of Guoxin Chuanrong Holdings and its concerted parties increased from 16.43% to 17.29%. (wh)

