Investors Question Xiamen Bank's 5 Billion Yuan Convertible Bond Approval Timeline

Deep News
Sep 08

On September 8, during the 2026 semi-annual performance briefing, Xiamen Bank Co., Ltd. addressed investor inquiries regarding the progress of its convertible bond issuance. Independent director Dai Yiyi disclosed that the bank had submitted an application to the China Securities Regulatory Commission in September 2022 to issue 5 billion yuan in convertible corporate bonds, which successfully passed the preliminary review in November of the same year.

Dai further explained that in March 2023, due to the registration system reform, the project was transferred to the Shanghai Stock Exchange for review. As of now, Xiamen Bank's convertible bond project remains under review by the Shanghai Stock Exchange, with no definitive timeline for approval provided.

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