Bank Of Qingdao Co.,Ltd. (03866) Receives Additional 49 Million H Shares from Guoxin Industrial Finance Holdings

Stock News
2025/11/05

Bank Of Qingdao Co.,Ltd. (03866) announced that it received a notice from Qingdao Guoxin Industrial Finance Holdings (Group) Co., Ltd. (Guoxin Industrial Finance Holdings) on November 5, 2025, regarding the increase in its shareholding.

On November 4, 2025, Guoxin Industrial Finance Holdings acquired an additional 49 million H shares of the bank through the Stock Connect program, accounting for 0.84% of the bank's total shares. The transaction was funded by its own capital.

Following this acquisition, Guoxin Industrial Finance Holdings' stake in the bank increased from 789 million shares to 838 million shares, raising its ownership from 13.55% to 14.39%. Together with its concert parties, the total holdings rose from 1.006 billion shares to 1.055 billion shares, increasing their combined stake from 17.29% to 18.13% of the bank's total shares.

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