WEIHAI BANK (09677) announced that on December 21, 2025, the bank entered into an H-share subscription agreement with Jinlian Group. The bank plans to issue up to 150 million H shares to Jinlian Group at a subscription price of RMB 3.29 per H share, representing a premium of approximately 17.97% over the closing price of HKD 3.06 per H share as reported by the Hong Kong Stock Exchange on the announcement date. The total cash consideration will not exceed RMB 493.5 million. The net proceeds from the issuance will be entirely used to replenish the bank's core tier-1 capital.