Bank Of Shanghai Co.,Ltd. Plans to Redeem All 200 Million Preferred Shares

Deep News12-15

On December 15, Bank Of Shanghai Co.,Ltd. announced that its 2016 annual shareholders' meeting approved the proposal for the private placement of preferred shares. The board of directors was authorized to handle all redemption-related matters during the redemption period, subject to regulatory approvals and market conditions.

The board passed the resolution on July 22, 2025, to redeem the preferred shares. The company has now received approval from the Shanghai Bureau of the National Financial Regulatory Administration, with no objections to the redemption.

Bank Of Shanghai Co.,Ltd. plans to redeem all 200 million preferred shares, each with a face value of RMB 100, totaling RMB 20 billion. The redemption record date is set for December 18, 2025, and the shares will be delisted on December 19, 2025.

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Plans to Redeem All 200 Million Preferred Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2025-12-15 18:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On December 15, Bank Of Shanghai Co.,Ltd. announced that its 2016 annual shareholders' meeting approved the proposal for the private placement of preferred shares. The board of directors was authorized to handle all redemption-related matters during the redemption period, subject to regulatory approvals and market conditions.</p>\n<p>The board passed the resolution on July 22, 2025, to redeem the preferred shares. 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