CHINA MINSHENG BANKING CORP., LTD.
                                                        01988
                                                                04609




                                                                 2018   6   21            2017
                  2018           A                    2018              H
                                                   2017
                                                   A              H                      10      2


                         2016 12 7                       1,439,000,000       4.95%
                           2016 12 14                    1,439,000,000       4.95%

                                                                H




P1* = P0*       N*/(N*+n*)

      P0*                                         P1*                                     N*
H                                                                                        n*      H

                    H    6.30

                                2018   7   27           H
                                                2018    7 27                         H   7.56
            H    6.30




                                                   1
                                           20   A
                      A    8.79




P1 = P0     N/(N+n)

       P0                              N
                                       n
                                  P1

                                                    A   8.79
                      A   7.33




2018   7    27




                                       2