Everbright Bank's initial application will not exceed 6.1 billion shares on 26th

Panorama July 22 China Securities Regulatory Commission issued a Thursday Bulletin said that the SFC Committee on July 26 to convene the 112th meeting in 2010 to review the China Everbright Bank Co., Ltd. 's starting application. China Everbright Bank Limited is to issue no more than 6.1 billion shares in the Shanghai stock Company (without considering the option of excess placements for this issue), and the total share capital after issuance is no more than 39.535 billion shares.　　If the full exercise of the distribution option, the issue will not be issued more than 7 billion shares, issued after the total share capital of not more than 40.435 billion shares. Everbright Bank is a national joint-stock Commercial bank to provide customers with comprehensive commercial bank products and services. As at December 31, 2009, the bank has 483 branches in the mainland (including the head office), the total assets of 1.1977 trillion yuan, the total amount of loans of 649 billion yuan, total deposits of 807.7 billion yuan, total shareholder rights and interests of 48.1 billion yuan.　　As of December 31, 2009, the bank is the sixth largest joint-stock commercial bank in China.　　This issue will be used to the strategic investors targeted placement, the net to the inquiry object of the allocation and online funds purchase and distribution of the way of the combination. Everbright Bank said that the issuance of the collection of funds deducted from the issuance costs, will be used to enrich the bank's capital, in order to improve the bank's funding level, enhance comprehensive competitiveness. (Panorama net/Chen Danyong)