Granolink October 31st, Citic (00267.HK) announced that Citic Bank proposed to issue shares by way of rights issue, and (ii) the announcement issued by the company on June 22, 2022, regarding the proposal to subscribe for Citic Bank shares by way of rights issue. Based on this (including), Citic Limited and Citic Financial Holdings have irrevocably committed to subscribe for all the A-share rights issue shares allocated to them under this rights issue in cash.
The company noted that Citic Bank announced on October 31, 2024, regarding Citic Bank receiving a notice from the Shanghai Stock Exchange to suspend the review of A-share rights issue under this rights issue. According to the announcement, due to Article 60, subsection 2 of the Rules for the Examination of Stock Issuance and Listing on the Shanghai Stock Exchange, Citic Bank needs to replace the accounting firm PricewaterhouseCoopers Zhongtian Accounting Firm (Special General Partnership) responsible for the A-share listing declaration under this rights issue. In accordance with the relevant provisions of Article 19 of the Rules for the Examination of Securities Issuance and Listing of Listed Companies on the Shanghai Stock Exchange, SSE has suspended the review of the A-share rights issue listing process (the "suspension issue"). Citic Bank will take relevant measures to complete the replacement and promptly apply to SSE to resume the review of the A-share rights issue.