According to the Zhitong Finance App, Weihai Bank (09677.HK) announced that on December 21, 2025, the bank signed an H share subscription agreement with Jinlian Group to issue no more than 150 million H shares to the Tianjin Union Group. The subscription price is RMB 3.29 per H share, a premium of about 17.97% compared to the closing price of HK$3.06 per H share reported by the Hong Kong Stock Exchange on the date of this announcement. The cash cost will not exceed RMB 493.5 million. All of the net capital raised will be used to supplement the bank's core Tier 1 capital.

According to the Zhitong Finance App, Weihai Bank (09677.HK) announced that on December 21, 2025, the bank signed an H share subscription agreement with Jinlian Group to issue no more than 150 million H shares to the Tianjin Union Group. The subscription price is RMB 3.29 per H share, a premium of about 17.97% compared to the closing price of HK$3.06 per H share reported by the Hong Kong Stock Exchange on the date of this announcement. The cash cost will not exceed RMB 493.5 million. All of the net capital raised will be used to supplement the bank's core Tier 1 capital.