Ant consumer fund has made a large capital increase, and the control power of state-owned capital has been strengthened. Huabai, who has undergone rectification, has just announced brand isolation and will become the exclusive consumer credit brand of ant consumer fund.
China Cinda invested 6 billion yuan
According to the announcement of China Xinda and other companies on December 24, Chongqing ant Consumer Finance Co., Ltd. (hereinafter referred to as ant consumer finance) will issue an additional registered capital of 22 billion yuan to all subscribers for capital increase. After the capital increase is completed, the registered capital will increase from 8 billion yuan to 30 billion yuan.
A number of companies participated in the investment, including 11 billion yuan invested by ant group; China Cinda invested 6 billion yuan; Jiangsu Yuyue Medical Equipment And Supply Co.Ltd(002223) invested 1.098 billion yuan; Shunyu optics, boguan technology and Yufu capital invested 1.8 billion yuan, 1.322 billion yuan and 780 million yuan respectively.
After the capital increase, ant group is still the largest shareholder of ant consumer gold, with a shareholding ratio of 50%; China Cinda and its Nanyang Commercial Bank hold a total of 24% and become the second largest shareholder; The remaining shareholders are sunny optics, Jiangsu Yuyue Medical Equipment And Supply Co.Ltd(002223) , boguan technology, Cathay Shihua, Yufu capital, Contemporary Amperex Technology Co.Limited(300750) , China Transinfo Technology Co.Ltd(002373) , and China Huarong.
China Cinda is a representative of state-owned assets, with 58%, 14.04% and 5% respectively held by the Ministry of finance, the Council of the national social security foundation and China Ocean Shipping Group Co., Ltd. China Cinda’s business focuses on the operation of non-performing assets and mainly provides customers with financial solutions and asset management services; Nanyang Commercial Bank is a subsidiary of China Cinda. Its main business is in Hong Kong and China.
For this capital increase, China Cinda said that under the background of the growth of consumer demand and the improvement of the regulatory system, the scale of the consumer finance industry continued to expand, and the application of financial technology enabled technology to drive financial innovation. The directors believe that ant Xiaojin has investment value by virtue of financial technology empowerment and relying on business scenarios and customer traffic.
Some original shareholders also gave up the capital increase, China Transinfo Technology Co.Ltd(002373) (002373) announced that the company decided not to participate in the capital increase of ant Xiaojin based on the development planning and business status, agreed to the capital increase plan of ant company and gave up the preemptive right. After the capital increase of ant Xiaojin, the shareholding ratio of the company decreased from 7.01% to 1.869%.
After the capital increase, the background of ant Xiaojin shareholders is very diverse, and the strength of state-owned assets is significantly enhanced. In addition to Cinda, the representative of state-owned capital also includes Yufu capital, which is out of control by Chongqing SASAC, mainly engaged in asset acquisition and disposal. In terms of private capital, Cathay Pacific Shihua is mainly engaged in foreign exchange business, and China Huarong is mainly engaged in the operation of non-performing assets; In addition, there are a number of science and technology enterprises, Contemporary Amperex Technology Co.Limited(300750) , China Transinfo Technology Co.Ltd(002373) , Jiangsu Yuyue Medical Equipment And Supply Co.Ltd(002223) , Shunyu optics and boguan technology are engaged in power batteries, big data services, medical devices, optical devices and game software respectively.
Huabai is the exclusive consumer credit brand of ant Xiaojin
According to the announcement, from its establishment in June 2021 to the end of the third quarter of this year, ant Xiaojin has achieved a total income of 291 million yuan, a loss before tax of 618 million yuan, a total asset of 60.098 billion yuan and a net asset of 7.475 billion yuan.
Ant Xiaojin was first prepared in September 2020. However, due to the stranding of ant listing at the end of 2020, the financial business is facing regulatory rectification. Therefore, it was finally approved to open in June this year. Huang Hao, President of the digital finance business group of ant group, served as the chairman and Chen Huaisheng served as the general manager of the newly opened ant Xiaojin.
According to the notice on further regulating the Internet loan business of commercial banks issued by the general office of the cbcirc in February this year, ant consumer finance company, as a licensed financial institution, should be strictly constrained in terms of the investment proportion, concentration, limit and other business rules of joint loans.
After being subject to regulatory requirements, Huabai recently announced brand isolation. On November 24, Huabai announced that Huabai will become the exclusive consumer credit brand of ant Xiaojin and focus on medium and small consumer demand; Consumer credit fully funded by banks and other financial institutions will be updated to “credit purchase” services.
According to the announcement, after brand isolation, Huabai and “credit purchase” services will remain consistent in core experiences such as interest free period, audit and repayment, and the rate of “credit purchase” service will remain stable; In the future, the rate of “credit purchase” service will be independently approved and determined by financial institutions, and the principle of inclusive will also be followed to benefit users as much as possible.
(Securities Times)
