Fujian Financial Investment Co., Ltd. has just registered and established, and has taken Industrial Bank Co.Ltd(601166) as a joint-stock bank.
On March 21, Industrial Bank Co.Ltd(601166) ( Industrial Bank Co.Ltd(601166) . SH) announced that the largest shareholder of the bank would be changed. According to the announcement, the company recently received the reply of Fujian Provincial People's Government on the free transfer of Industrial Bank Co.Ltd(601166) equity and agreed to transfer 3.512 billion Industrial Bank Co.Ltd(601166) ordinary shares held by Fujian Provincial Department of Finance (accounting for 16.91% of Industrial Bank Co.Ltd(601166) total share capital) to Fujian Financial Investment Co., Ltd. (hereinafter referred to as Fujian financial investment) free of charge according to the procedures.
After the transfer of Industrial Bank Co.Ltd(601166) shares is completed, Fujian financial investment will hold 16.91% of its shares and become the largest shareholder of Industrial Bank Co.Ltd(601166) shares. Previously, Fujian Provincial Department of Finance held 3.915 billion Industrial Bank Co.Ltd(601166) ordinary shares, accounting for 18.85% of Industrial Bank Co.Ltd(601166) total share capital.
Industrial Bank Co.Ltd(601166) said that Fujian financial investment is a 100% holding subsidiary of Fujian Provincial Department of finance. Fujian Provincial Department of Finance and Fujian financial investment act in concert with each other in matters involving Industrial Bank Co.Ltd(601166) rights and interests. The total number and proportion of shares held by Fujian Provincial Department of Finance and Fujian financial investment remain unchanged before and after the transfer is completed Industrial Bank Co.Ltd(601166) still has no controlling shareholder.
Industrial Bank Co.Ltd(601166) also said that this equity change still needs the approval of the CBRC on the qualification of shareholders involved in this equity transfer, the compliance confirmation of Shanghai Stock Exchange, and the transfer registration at China Clearing Shanghai Branch.
According to the information of Fujian Provincial Department of finance, according to the requirements of "backward arrangement of time, backward force of tasks and backward pursuit of responsibilities", the Provincial Department of Finance and the provincial financial investment company accelerated the preparation progress of the company to ensure the early listing and early operation of the company. On February 28, Fujian financial investment officially approved the name and completed the industrial and commercial registration.
Fujian financial investment has a registered capital of 100 billion yuan, which is invested by the Fujian Provincial Department of finance. Focusing on the decision-making and deployment of the provincial Party committee and the provincial government, Fujian financial investment company will coordinate resources, coordinate and promote the optimal layout of state-owned financial capital, maintain the leading position of state-owned financial capital in the financial field and maintain its control over key financial institutions under the guidance of serving the real economy, preventing and controlling financial risks and deepening financial reform.
Industrial Bank Co.Ltd(601166) 2021 performance express shows that by the end of 2021, Industrial Bank Co.Ltd(601166) had total assets of 8601324 billion yuan, an increase of 8.96% over the end of the previous year; In 2021, Industrial Bank Co.Ltd(601166) the operating revenue was 221236 billion yuan, an increase of 8.91% year-on-year; The net profit attributable to shareholders of the parent company was 82.68 billion yuan, a year-on-year increase of 24.1%.
In terms of asset quality, by the end of 2021, Industrial Bank Co.Ltd(601166) had a non-performing loan balance of 48.714 billion yuan, a decrease of 942 million yuan compared with the end of the previous year; The non-performing loan ratio was 1.10%, down 0.15 percentage points from the end of the previous year; The provision coverage rate was 268.73%, an increase of 49.90 percentage points over the end of the previous year.
