[ET Net News Agency, 13 July 2018] Jilin Jiutai Rural Commercial Bank (06122) said it
proposed to place 200 million to 400 million domestic shares, representing 5.84% to 11.03%
of the total number of domestic shares of the bank.
The bank also proposed to issue not more than 152 million of non-public H shares. The
proposals need to seek the approval at the general meeting of shareholders.
The net proceeds of the private placement of domestic shares and non-public issuance of
H shares will be used to replenish the core tier-1 capital of the bank. (SC)