China Cinda Asset Management Co., Ltd. (China Cinda) reported that its board has approved the full redemption of the company’s offshore preference shares, following a “no-objection” response from the National Financial Regulatory Administration (NFRA).
The redemption will occur on 3 November 2026 and covers all outstanding offshore preference shares. Holders will receive the issue price of USD1.70 billion plus declared but unpaid dividends of USD74.80 million, bringing the total cash payout to USD1.77 billion.
Payments will be routed through Euroclear Bank SA/NV and Clearstream Banking S.A. to investors recorded at the close of business on 2 November 2026, the business day immediately preceding the redemption date.
Once the shares are redeemed and cancelled, no offshore preference shares will remain in issue. China Cinda will apply to Hong Kong Exchanges and Clearing to withdraw the securities’ listing after 4:00 p.m. on 4 November 2026.
Key timetable: • Notice to holders: 16 September 2026 • Redemption date: 3 November 2026 • Delisting: after 4:00 p.m., 4 November 2026
The company emphasized that all procedures align with the original terms and conditions of the offshore preference shares.
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