Bank of Chongqing Completes Non-Trading Transfer of Shareholder Equity Changes

Deep News12-05 18:10

On December 5, Bank of Chongqing (601963.SH, 01963.HK) announced that the non-trading transfer of its shares under a shareholder equity restructuring plan has been completed.

The bank had previously disclosed a related-party equity transfer notice on June 19, 2025, on the Shanghai Stock Exchange website. According to the plan approved by the board of Chongqing Yufu Holding Group Co., Ltd. (Yufu Holding), the parent company of the bank's largest shareholder Chongqing Yufu Capital Operation Group Co., Ltd. (Yufu Capital), certain A-shares held by Yufu Holding's subsidiaries would be transferred to Yufu Holding without compensation.

The transfer involved shares held by China Silian Instrument & Meter Group Co., Ltd. (Silian Group) and its subsidiary Chongqing Chuanyi Microcircuit Co., Ltd. (Chuanyi Microcircuit). Following the completion of the transfer, the composition of Yufu Capital's concert parties will change. Silian Group and Chuanyi Microcircuit will no longer be concert parties of Yufu Capital, while Yufu Holding will become a new concert party.

Bank of Chongqing recently received official notification from Yufu Capital confirming the completion of the non-trading transfer process.

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