FORM 2 - Corporate Substantial Shareholder Notice
Form Serial Number
:
CS20261112E00004
1.
Date of relevant event
:
09/11/2026
(dd/mm/yyyy)
2.
Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later)
:
(dd/mm/yyyy)
3.
Stock code
:
01988
4.
Name of listed corporation
:
China Minsheng Banking Corp., Ltd. - H Shares
5.
Class of shares
:
H Shares
6.
Number of issued shares in class
:
8,320,295,289
7.
Name of substantial shareholder
:
BlackRock, Inc.
8.
Registered office
:
251 Little Falls Drive, Wilmington, DE 19808
9.
Principal place of business in Hong Kong
:
N/A
15.
Exchange on which listed
:
New York Stock Exchange
16.
Name of listed parent and exchange on which parent is listed
:
N/A
17.
Details of relevant event
:
Brief description of relevant event
Capacity in which shares were/are held
Number of shares bought/sold or involved
Currency of transaction
On Exchange
Off Exchange
Before relevant event
After relevant event
Highest price (per share)
Average price (per share)
Average consideration (per share)
Nature of consideration
Long position
1104
The percentage level of your interest in the shares has increased because:
you acquired a security interest in the shares
2201
Interest of corporation controlled by you
2201
Interest of corporation controlled by you
18,162,321
HKD
3102
Assets other than cash
Short position
18.
Total shares immediately before the relevant event
:
Total number of shares
Percentage figure (%)
Long position
486,251,817
5.84
Short position
29,463,000
0.35
19.
Total shares immediately after the relevant event
:
Total number of shares
Percentage figure (%)
Long position
504,414,138
6.06
Short position
29,463,000
0.35
20.
Capacity in which interests disclosed in Box 19 are held
:
Capacity code
Number of shares
2201
Interest of corporation controlled by you
Long position
504,414,138
Short position
29,463,000
21.
Further information in respect of derivative interests
:
Derivatives code
Number of shares
4106
Unlisted derivatives - Cash settled
Long position
57,974,500
Short position
27,182,000
22.
Further information in relation to interests of corporations controlled by substantial shareholder
:
Name of controlled corporation
Address and place of incorporation
Name of controlling person
% control
Direct interest (Y/N)
Number of shares
BlackRock Saturn Subco, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock, Inc.
100.00
N
Long position
504,414,138
Short position
29,463,000
BlackRock Finance, Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Saturn Subco, LLC
100.00
N
Long position
504,414,138
Short position
29,463,000
Trident Merger, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Finance, Inc.
100.00
N
Long position
1,659,220
BlackRock Investment Management, LLC
251 Little Falls Dr, Wilmington, DE 19808
Trident Merger, LLC
100.00
N
Long position
1,601,720
BlackRock Investment Management, LLC
251 Little Falls Dr, Wilmington, DE 19808
Trident Merger, LLC
100.00
Y
Long position
57,500
BlackRock Holdco 2, Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Finance, Inc.
100.00
N
Long position
502,754,918
Short position
29,463,000
BlackRock Financial Management, Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Holdco 2, Inc.
100.00
N
Long position
448,220,698
Short position
20,263,500
BlackRock Financial Management, Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Holdco 2, Inc.
100.00
Y
Long position
54,534,220
Short position
9,199,500
BlackRock Holdco 4, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Financial Management, Inc.
100.00
N
Long position
233,722,091
Short position
17,360,000
BlackRock Holdco 6, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Holdco 4, LLC
90.00
N
Long position
233,722,091
Short position
17,360,000
BlackRock Delaware Holdings Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Holdco 6, LLC
100.00
N
Long position
233,722,091
Short position
17,360,000
BlackRock Institutional Trust Company, National Association
400 Howard Street, San Francisco, CA 94105
BlackRock Delaware Holdings Inc.
100.00
Y
Long position
79,505,040
Short position
17,360,000
BlackRock Fund Advisors
400 Howard Street, San Francisco, CA 94105
BlackRock Delaware Holdings Inc.
100.00
Y
Long position
154,217,051
BlackRock International Holdings, Inc.
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Financial Management, Inc.
100.00
N
Long position
214,498,607
Short position
2,903,500
BR Jersey International Holdings L.P.
Aztec Group House, IFC 6, The Esplanade, St Helier, Jersey, JE4 0QH
BlackRock International Holdings, Inc.
86.00
N
Long position
197,170,807
Short position
2,903,500
BlackRock Lux Finco S.à r.l.
1st Floor, 35a Avenue J.F. Kennedy, L-1855 Luxembourg
BlackRock HK Holdco Limited
100.00
N
Long position
6,114,956
BlackRock Japan Holdings GK
Marunouchi Trust Tower Main, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo 100-8217 (Japan)
BlackRock Lux Finco S.à r.l.
100.00
N
Long position
6,114,956
BlackRock Japan Co., Ltd.
Marunouchi Trust Tower Main, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo 100-8217 (Japan)
BlackRock Japan Holdings GK
100.00
Y
Long position
6,114,956
BlackRock Holdco 3, LLC
251 Little Falls Dr, Wilmington, DE 19808
BR Jersey International Holdings L.P.
100.00
N
Long position
181,045,981
Short position
2,903,500
BlackRock Canada Holdings ULC
2500, 450 – 1St Street SW Calgary, Alberta T2P 5HI
BlackRock International Holdings, Inc.
100.00
N
Long position
17,327,800
BlackRock Asset Management Canada Limited
161 Bay Street, Suite 2500, Toronto, Ontario M5J 2S1, Canada (Ontario, Canada)
BlackRock Canada Holdings ULC
100.00
Y
Long position
17,327,800
BlackRock Australia Holdco Pty. Ltd.
Level 12, 33 Alfred Street, Sydney, NSW 2000
BR Jersey International Holdings L.P.
100.00
N
Long position
1,260,320
BlackRock Investment Management (Australia) Limited
Level 12, 33 Alfred Street, Sydney, NSW 2000
BlackRock Australia Holdco Pty. Ltd.
100.00
Y
Long position
1,260,320
BlackRock (Singapore) Holdco Pte. Ltd.
20 Anson Road #18-01 079912 Singapore (Singapore)
BR Jersey International Holdings L.P.
100.00
N
Long position
14,864,506
BlackRock HK Holdco Limited
30th Floor, One Taikoo Place 979 King's Road Hong Kong
BlackRock (Singapore) Holdco Pte. Ltd.
100.00
N
Long position
13,916,287
BlackRock Asset Management North Asia Limited
15/F, 16/F, 17/F Champion Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong
BlackRock HK Holdco Limited
100.00
Y
Long position
7,801,331
BlackRock Cayman 1 LP
Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman KY1-9008
BlackRock Holdco 3, LLC
100.00
N
Long position
181,045,981
Short position
2,903,500
BlackRock Cayman West Bay Finco Limited
Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman KY1-9008
BlackRock Cayman 1 LP
100.00
N
Long position
181,045,981
Short position
2,903,500
BlackRock Cayman West Bay IV Limitied
Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman KY1-9008
BlackRock Cayman West Bay Finco Limited
100.00
N
Long position
181,045,981
Short position
2,903,500
BlackRock Group Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock Cayman West Bay IV Limitied
90.00
N
Long position
181,045,981
Short position
2,903,500
BlackRock (Netherlands) B.V.
Rembrandt Tower, 17th floor, Amstelplein, Amsterdam Netherlands (Amsterdam, Netherlands)
BlackRock Group Limited
100.00
Y
Long position
7,258,141
BlackRock International Limited
Dundas House, 20 Brandon Street, Endinburgh
BlackRock Group Limited
100.00
N
Long position
21,046,986
BlackRock Group Limited-Luxembourg Branch
35 A, avenue J.F. Kennedy L-1855 Luxembourg
BlackRock Group Limited
100.00
N
Long position
130,735,646
Short position
2,903,500
BlackRock Luxembourg Holdco S.à r.l.
35 A, avenue J.F. Kennedy L-1855 Luxembourg
BlackRock Group Limited-Luxembourg Branch
100.00
N
Long position
130,735,646
Short position
2,903,500
BlackRock Asset Management Ireland Limited
Glencar House, 20 Merrion Rd, Dublin 4, D04 T9F3, Ireland
BlackRock Luxembourg Holdco S.à r.l.
100.00
Y
Long position
119,327,546
BlackRock (Luxembourg) S.A.
35 A, avenue J.F. Kennedy L-1855 Luxembourg
BlackRock Luxembourg Holdco S.à r.l.
100.00
Y
Long position
11,322,400
Short position
2,903,500
BlackRock Investment Management (UK) Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock Group Limited
100.00
N
Long position
3,044,824
BlackRock Investment Management (UK) Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock Group Limited
100.00
Y
Long position
18,960,384
BlackRock Fund Managers Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock Investment Management (UK) Limited
100.00
Y
Long position
3,044,824
BlackRock Life Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock International Limited
100.00
Y
Long position
21,046,986
BlackRock (Singapore) Limited
20 Anson Road #18-01 079912 Singapore (Singapore)
BlackRock (Singapore) Holdco Pte. Ltd.
100.00
Y
Long position
948,219
BlackRock UK Holdco Limited
12 Throgmorton Avenue. London, EC2N 2DL, United Kingdom (England & Wales, United Kingdom)
BlackRock Luxembourg Holdco S.à r.l.
100.00
N
Long position
85,700
BlackRock Asset Management Schweiz AG
Bahnhofstrasse 39 8001 Zurich, Switzerland (Switzerland)
BlackRock UK Holdco Limited
100.00
Y
Long position
85,700
EG Holdings Blocker, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Investment Management, LLC
100.00
N
Long position
1,601,720
Amethyst Intermediate, LLC
251 Little Falls Dr, Wilmington, DE 19808
BlackRock Investment Management, LLC
100.00
N
Long position
1,601,720
Aperio Holdings, LLC
251 Little Falls Dr, Wilmington, DE 19808
Amethyst Intermediate, LLC
77.00
N
Long position
1,601,720
Aperio Holdings, LLC
251 Little Falls Dr, Wilmington, DE 19808
EG Holdings Blocker, LLC
23.00
N
Long position
1,601,720
Aperio Group, LLC
2710 Gateway Oaks Drive, Suite 150N, Sacramento, CA 95833-3505
Aperio Holdings, LLC
100.00
Y
Long position
1,601,720
Aperio Group, LLC
2710 Gateway Oaks Drive, Suite 150N, Sacramento, CA 95833-3505
Aperio Holdings, LLC
100.00
Y
Long position
1,698,720
23.
Further information in relation to interests held by substantial shareholder jointly with another person
:
Name of joint shareholder
Address
Number of shares
24.
Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust
:
Names of trust
Address
Status code
Number of shares
25.
Further information from a party to an agreement under Section 317 (Please see Notes for further information required)
:
Names of other parties
Address
Number of shares
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26.
Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act
:
Names
Address
Relationship Code
Percentage (%)
27.
Supplementary information
:
28.
Log/Serial Number of the previous form
:
29.
Number of concert party document(s) under section 317 attached/uploaded
:
Date of filing this Form 2
:
12/11/2026
(dd/mm/yyyy)