Caixin is coming!7.2 billion registered funds, 83.33%of CCB, and 11.11%of Beijing State -owned Assets shares

Author:WEMONEY Research Room Time:2022.09.27

On September 27, the Construction Bank announced that it was planned to set up CCB Consumer Finance Co., Ltd. (hereinafter referred to as Caixin Consumer Gold) as a first -level holding subsidiary.

According to disclosure, CCB's Capital Capital Capital was 7.2 billion yuan. Among them, the Construction Bank intends to contribute RMB 6 billion and hold 83.33%; Beijing State -owned Assets Management Co., Ltd. 11.11%; Wangfujing Group intends to contribute RMB 400 million, and the shareholding ratio is 5.56%.

The announcement stated that it has received the approval of the CBRC's consent to build a CCB Corporation. After the preparation work is completed, the application for the opening of the regulatory agency must be submitted to the regulatory agency in accordance with relevant regulations and procedures.

The scope of the CCB and the golden gold is: (1) issuing personal consumer loans; (2) receiving deposits from subsidiaries and domestic shareholders of shareholders; (3) borrowing from domestic financial institutions; ) Domestic debit borrowings; (6) Consultation and agency business related to consumer finance; (7) Agent sales of insurance products related to consumer loans; (8) fixed income securities investment business; Other businesses approved by the department.

Construction Bank said that this investment is an important measure to promote and support consumer growth, stimulate the potential of consumption of residents, and enhance consumption on economic development. Focusing on the needs of residents' consumption upgrade and emerging consumer formats, it provides innovative products and services, meets diversified and multi -level consumer needs, implements the concept of inclusive financial financial concepts, further cultivates the field of consumer finance, and brings new growth space for the group.

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