China Broadcasting Corporation (00471) plans to offer a discount of approximately 31.06% on a "1 for 3" basis for its rights issue.

Zhtng Cijng APP News, Zhngb Shj (00471) gngb, gi gngs jiny n "1 gng 3" jzh, zhkng yu 31.06% n mi g gng gfn 0.455 gngyun (i) fxng zudu 359,821,602 g gng gfn r chuj zudu yu 1.637 y gngyun (jiosh gngf hu xn sh rn gu j y jl r q zh qin y fxng g fn shm bng w bin dng); hu (ii) fxng zudu 383,161,602 g gng gfn r chuj zudu yu 1.743 y gngyun (jiosh gngf hu xn sh rn gu j ch y jl r q zh qin xnfn j qnhun gpio j wi, y jl r q zh qin y fxng g fn shm bng w bin dng) de sud kunxing zng'. Smart Finance APP News, China Broadcasting Data (00471) announced that the company proposes a "1 to 3" benchmark, offering a discount of approximately 31.06% on each share offered at 0.455 Hong Kong dollars (i) issuing up to 359,821,602 new shares and raising up to approximately 1.637 billion Hong Kong dollars (assuming that all new shares are subscribed for and the number of shares issued up to the record date has not changed); or (ii) issuing up to 383,161,602 new shares and raising up to approximately 1.743 billion Hong Kong dollars (assuming that all new shares are subscribed for and no changes have occurred in the number of shares issued up to the record date, except for the conversion of convertible securities on or before the record date).