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Xingye Bank: Plans to Issue H Shares and List on Hong Kong Stock Exchange
Industrial Bank plans to issue shares abroad (H-shares) and list on the Main Board of the Hong Kong Stock Exchange. The company will fully consider the interests of existing shareholders and the conditions of domestic and international capital markets, and will choose an appropriate time and issuance window to complete this offering and listing within the validity period of the shareholders’ resolution (i.e., 24 months from the date the shareholders’ meeting approves, or any other period approved for extension).