Weihai Bank (09677) announced that on December 24, 2025, the Bank entered into a domestic share subscription agreement with Caixin Assets. Pursuant to the agreement, the Bank intends to issue no more than 327,989,709 domestic shares to Caixin Assets at a subscription price of RMB 3.29 per share, with a total cash consideration not exceeding RMB 1,079,086,143. The net proceeds from this issuance, after deducting relevant offering expenses, will be entirely used to replenish the Bank's core tier 1 capital.