China Everbright Bank (06818) announced that it will redeem the third tranche of its preferred shares on February 11, 2026. The bank had privately issued 350 million preferred shares, amounting to RMB 35 billion, on July 15, 2019 (referred to as the third tranche of preferred shares, code 360034). This decision follows a review and approval by the bank's board of directors and has received subsequent consent from the National Financial Regulatory Administration.
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