Yufu group: help Bank Of Chongqing Co.Ltd(601963) steady and sustainable development

According to the disclosure of the annual report, by the end of 2021, Bank Of Chongqing Co.Ltd(601963) total assets had exceeded 600 billion yuan, reaching 618954 billion yuan, an increase of 10.2% year-on-year; Revenue and profit reached another record high, reaching 14.515 billion yuan and 4.859 billion yuan respectively, with a year-on-year increase of 11.24% and 6.42%, and the core tier 1 capital adequacy ratio increased from 8.39% to 9.36%.

Bank Of Chongqing Co.Ltd(601963) a series of development achievements are inseparable from Chongqing Yufu group, a powerful major shareholder. As the largest shareholder of Bank Of Chongqing Co.Ltd(601963) and the largest financial shareholding platform in Chongqing, Chongqing Yufu group has supported the sustainable development of its financial enterprises in recent years, with frequent actions in the capital market.

According to public market information, Chongqing Yufu group has increased its holdings of Bank Of Chongqing Co.Ltd(601963) shares for many times in recent years based on its optimistic outlook for Bank Of Chongqing Co.Ltd(601963) long-term development. In 2021, Yufu capital of Chongqing Yufu increased its holdings of Bank Of Chongqing Co.Ltd(601963) A shares by 2.939 million shares, with an increase of 25.88 million yuan. Meanwhile, Yufu (Hong Kong) Company of Chongqing Yufu increased its holdings of Bank Of Chongqing Co.Ltd(601963) H shares by 20.316 million shares. In the first quarter of this year, Bank Of Chongqing Co.Ltd(601963) also disclosed the further shareholding increase plan of Yufu capital. According to relevant insiders, the shareholding increase plan is still being implemented. Recently, Bank Of Chongqing Co.Ltd(601963) 13 billion yuan of A-share convertible corporate bonds were successfully issued and listed, and Yufu capital, as a major shareholder, gave priority to subscribe for 2.8 billion yuan, which also sent a positive signal of optimism and support for Bank Of Chongqing Co.Ltd(601963) future development to the capital market.

- Advertisment -