The Industrial Bank Co., Ltd (the “Company”) and the members of the Board of Supervisors hereby warrant that the information contained in this announcement is true, accurate and complete, and assume joint and several liabilities for any false representation, misleading statement or material omission.
As per the approval granted in the China Securities Regulatory Commission (CSRC) document numbered Zheng Jian Hui [2007] 10, the Company publicly issued 1,001 million RMB-denominated A-share common shares in the Shanghai Stock Exchange, of which, 250.25 million shares with a par value of RMB1.00 per share were issued to subscribers via offline placement at an issuing price of RMB15.98 per share. The placement and issuance results were published in China Securities Journal , Shanghai Securities News , Securities Times , Securities Daily and the website of the Shanghai Stock Exchange. The said 250.25 million shares subscribed via offline placement were to be locked up for a period of three months before going public and circulating beginning from the listing date of the Company's shares, i.e. February 5, 2007. The lockup period is now near to expiration, and the shares will be entitled to listing and circulation on May 8, 2007.
After the listing of the said 250.25 million shares subscribed via offline placement, the share capital structure of the Company will be altered as follows:
Unit: shares
|
|
Before Alteration |
Current Alteration |
After Alteration |
I. Total shares with sale restriction |
4,549,250,000 |
-250,250,000 |
4,299,000,000 |
1. Shares held by the State |
1,207,641,631 |
- |
1,207,641,631 |
2. Shares held by State-owned legal persons |
1,109,814,284 |
- |
1,109,814,284 |
3. Shares held by other domestic legal persons |
682,544,085 |
|
682,544,085 |
4. Shares held by overseas legal persons |
999,000,000 |
|
999,000,000 |
5. Placement to strategic investors |
300,000,000 |
- |
300,000,000 |
6. Placement to general legal persons |
250,250,000 |
-250,250,000 |
0 |
II. Total shares without sale restriction |
450,750,000 |
+250,250,000 |
701,000,000 |
Total |
5,000,000,000 |
- |
5,000,000,000 |
Board of Directors of Industrial Bank Co., Ltd.
April 25, 2007