NBD AI Bulletin - Bank of Nanjing Co Ltd (the Company, SH 601009, close price: 10.13 yuan) announced on June 9 that the Company's public offering of convertible corporate bonds has been approved by the China Securities Regulatory Commission. The to-be-issued convertible bonds, referred to as "Bank of Nanjing convertible bonds" and with a code of 113050, are worth 20 billion yuan in total, each with a face value of 100 yuan. The convertible bonds will be issued at par.

The duration for the convertible bonds is six years, that is, from June 15, 2021 to June 14, 2027. Preferential allotment among existing sharesholders and online subscription falls on June 15, 2021 (T-day), and offline subscription will be on June 11.

The 2020 annual report shows that the main business of Bank of Nanjing Co Ltd is interest income, non-interest income, accounting for 83.96%, 7.67% of revenue, respectively.

Bank of Nanjing Co Ltd's chairman is Hu Shengrong, male, 58 years old, Chinese national, undergraduate degree, economist, senior economist.

(By Lan Suying)

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