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The Agricultural Bank announced that the company held a board meeting on September 6, 2026 to review and pass the relevant bill, and agreed to sign conditional share subscription agreements with 7 subscribers, including the Ministry of Finance, China Tobacco and its related subsidiaries. The pricing reference date for this issue is the first day of the issuance period. The issue price is not lower than the average transaction price of the company's A shares in the 20 trading days before the pricing benchmark date. The subscriberers all subscribed in cash, and the sales limit period for the subscribed shares was 5 years from the date the shares were acquired. Among them, the Ministry of Finance plans to subscribe for 130 billion yuan; China Tobacco plans to subscribe for 1.0 billion yuan; Jiangsu Tobacco, Zhejiang Tobacco, and Hubei Tobacco each plan to subscribe for 550 billion yuan; Beijing Tobacco plans to subscribe for 3.0 billion yuan; and Shuangwei Investment plans to subscribe for 200 billion yuan. The offering still needs to be reviewed and approved by the company's shareholders' meeting, approved by the General Financial Supervisory Authority, reviewed and approved by the Shanghai Stock Exchange, and registered with the China Securities Regulatory Commission before it can be implemented.
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The Agricultural Bank announced that the company held a board meeting on September 6, 2026 to review and pass the relevant bill, and agreed to sign conditional share subscription agreements with 7 subscribers, including the Ministry of Finance, China Tobacco and its related subsidiaries. The pricing reference date for this issue is the first day of the issuance period. The issue price is not lower than the average transaction price of the company's A shares in the 20 trading days before the pricing benchmark date. The subscriberers all subscribed in cash, and the sales limit period for the subscribed shares was 5 years from the date the shares were acquired. Among them, the Ministry of Finance plans to subscribe for 130 billion yuan; China Tobacco plans to subscribe for 1.0 billion yuan; Jiangsu Tobacco, Zhejiang Tobacco, and Hubei Tobacco each plan to subscribe for 550 billion yuan; Beijing Tobacco plans to subscribe for 3.0 billion yuan; and Shuangwei Investment plans to subscribe for 200 billion yuan. The offering still needs to be reviewed and approved by the company's shareholders' meeting, approved by the General Financial Supervisory Authority, reviewed and approved by the Shanghai Stock Exchange, and registered with the China Securities Regulatory Commission before it can be implemented.
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