Prospectus refers to the invitation letter issued by promoters to the public to subscribe for shares of joint-stock companies in order to publicly issue shares and raise company capital. In order to protect the interests of social subscribers and prevent promoters or companies from recruiting shareholders by improper means, most countries stipulate that promoters should make a prospectus before public offering of shares, so as to let the public know the actual situation of the company. The items to be recorded shall be determined according to the needs of subscribing shares.

It usually includes: (1) absolutely necessary items and relatively necessary items in the company's articles of association; (2) Shares subscribed by the promoters. (3) The price at which the shares are issued at face value. (4) Time limit for the total number of shares to be offered; (5) The total number of preferred shares issued and their rights and obligations. (6) The total number of bearer shares issued. (7) If dividends are paid, its provisions shall prevail; Wait a minute. The prospectus shall be announced after examination and approval by the competent authority.

Response time: 2021-01-18. Please refer to the latest business changes announced by Ping An Bank in official website.

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