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The Bank of Communications announced that financial advisor Cathay Pacific Haitong issued a continuous supervision summary report on the Ministry of Finance's acquisition of the company. After the acquisition was completed, the Ministry of Finance held 30.943 billion shares of the company, accounting for 35.02% of the total share capital, and became the controlling shareholder. The continuous supervision period is from March 31, 2025 to June 17, 2026. Currently, the supervisory period has expired, and supervisory responsibilities have been completed. During the supervision period, the acquirer fulfilled its reporting and announcement obligations in accordance with the law, and found no harm to the interests of listed companies, violation of public promises, or announced follow-up plans.
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The Bank of Communications announced that financial advisor Cathay Pacific Haitong issued a continuous supervision summary report on the Ministry of Finance's acquisition of the company. After the acquisition was completed, the Ministry of Finance held 30.943 billion shares of the company, accounting for 35.02% of the total share capital, and became the controlling shareholder. The continuous supervision period is from March 31, 2025 to June 17, 2026. Currently, the supervisory period has expired, and supervisory responsibilities have been completed. During the supervision period, the acquirer fulfilled its reporting and announcement obligations in accordance with the law, and found no harm to the interests of listed companies, violation of public promises, or announced follow-up plans.
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