The change of equity of Guangfa Bank was approved, involving 1.137 billion shares transfer

[Global Network Finance News] On July 27, the CBRC revealed the approval of the equity changes of Guangfa Bank and the qualifications of relevant shareholders.Agree with the State Grid Yingda International Holdings Group Co., Ltd. to transfer 1,136,946,100 shares of Guangfa Bank of Guangfa Bank for free to the Ministry of Finance.

According to the approval documents, after the equity changes are completed, the Ministry of Finance holds 1,136,946,100 shares of Guangfa Bank with a shareholding ratio of 5.2178%.

According to the annual report of Guangfa Bank 2021, as of the end of last year, Guangfa Bank's largest shareholder was China Life Insurance Co., Ltd., with a shareholding ratio of 43.686%.Shareholders, holding a shareholding of 15.647%.

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