On the afternoon of December 8, The postal savings bank of China (hereinafter referred to as the "postal savings bank") issued the announcement on the listing of initial public offering (A shares) It shows that the bank's A-share shares will be listed on the Shanghai Stock Exchange on December 10, 2019. The securities are referred to as' postal savings bank 'and the securities code is' 601658'. The issuing price of a shares of the postal savings bank is 5.50 yuan / share. The amount of funds raised before 'green shoes' is about 28.45 billion yuan and after' green shoes' is about 32.71 billion yuan. This means that the largest IPO of a shares in recent ten years is about to be completed.
On the same day, the postal savings bank also issued the announcement on the share increase plan of the controlling shareholder, which said that the controlling shareholder China Post Group Corporation (hereinafter referred to as "postal group") plans to increase its A-share holdings within 12 months from December 10, 2019, with an increase amount of no less than 2.5 billion yuan.
Some market analysts believe that this measure reflects the postal group's confidence in the future development prospect of the postal savings bank, its recognition of the value of the postal savings bank, and its optimism about the long-term investment value of the domestic capital market, which will help to enhance investor confidence and maintain market stability.
According to public data, postal group ranks 101st in the 2019 'world top 500' list and second in the world postal enterprises; The profit scale ranks first in the world post for five consecutive years; Its business scope covers the three sectors of postal, finance and express logistics, and has financial licenses such as insurance and securities. It is a large comprehensive wholly state-owned enterprise with "three flows in one" of real logistics, capital flow and information flow.
All along, the increase of controlling shareholders has been encouraged by relevant regulatory authorities. In 2011, the CSRC revised the measures for the administration of the acquisition of listed companies to simplify the information disclosure procedures for the increase of controlling shareholders; In 2015, the CSRC issued the notice on matters related to the increase of shares held by major shareholders, directors, supervisors and senior managers of listed companies, clearly encouraging major shareholders of listed companies to protect the interests of minority shareholders by increasing shares; In 2018, Shanghai Stock Exchange and Shenzhen Stock Exchange clearly supported major shareholders to increase their shares, which played a positive role in the healthy development of the capital market.