On November 6, Gelunhui announced that Qilu Bank (601665.SH) issued a scale of RMB 2 billion 10-year Tier 2 capital bonds in the national interbank bond market in November 2019 (hereinafter referred to as "this bond"). According to the relevant provisions of the prospectus for the issuance of this bond, this bond has a redemption option for the issuer. The issuer has the right to redeem the entire bond at face value on the last day of the 5th interest-bearing year of this bond (November 5, 2024).
As of the date of this announcement, approved by the Shandong Regulatory Bureau of the China Banking Regulatory Commission, the company has exercised its redemption right and fully redeemed this bond.