China's AgBank A-share price of 2.68 yuan

Xinhua Beijing, July 7 (Xinhua Wu Yu Liu Lin) Agricultural Bank of China, 7th evening in Shanghai, issued a notice said, ABC A shares to determine the issue price of 2.68 yuan/share, after the distribution of the total amount of 25.57 billion shares, online check rate of about 9.292%.　　The announcement said that according to the distribution network under the cumulative bid for inquiry, and comprehensive consideration of the issuer's fundamental, industry, comparable company valuation level and market conditions and other factors, to determine the issue price of 2.68 yuan/share. According to the "Agricultural Bank of China Stock Company Limited for the initial public issue of a share of online funds to publish the announcement of the allocation of options," the issuer and the joint underwriter in accordance with the distribution of the purchase, the agreement to determine the Internet investors over 3.3353 billion shares, accounting for the initial size of the 15%,　　The total amount of this issue is about 25.57 billion shares after the allotment.　　The initial issue of the Agricultural Bank A shares of 22.235 billion shares, of which the strategy of placing about 10.2282 billion shares, the network issued 4.8 billion shares, online distribution of about 7.207 billion shares. After the Agricultural bank and the joint underwriter decided to start the callback mechanism, the allocation of about 232 million shares from the internet to the net, the strategic placement of about 10.2282 billion shares, accounting for the total distribution after the allocation of the proportion of 40%; NET issue 5.032 billion shares, accounting for 19.7%　　Online distribution of about 10.3103 billion shares, accounting for 40.3%.　　In this issue, the Agricultural bank strategic investors in the choice of fully consider the investor qualification, and Agricultural Bank long-term strategic cooperative relations and other factors after the comprehensive determination, mainly including large state-owned enterprises, insurance companies and other financial institutions, agricultural industrialization leading Enterprises 3 categories. Currently, the subscription funds pledged by 27 strategic investors have been remitted to the joint principal underwriter's bank account for a total amount of RMB 32.5 billion in the specified time. Each strategic investor has 50% of the allotment, a lock-up period of 12 months, and another 50% lock-up period of 18 months.