China Net Finance, December 21 (Reporter Yanshan Lukai) A few days ago, Bank of Beijing (**601169SH) announced that in order to help Beijing Bank Financial Leasing*** hereinafter referred to as "Beijing Bank Financial Leasing") improve its risk resilience, it plans to increase its capital by RMB 2 billion. The reporter understands that if the above-mentioned capital increase is successfully completed, the registered capital of Beiyin Financial Leasing will rise to 5.1 billion yuan. For the current progress of the capital increase and other issues, the reporter interviewed Beiyin Financial Leasing, but as of press time, no reply has been received from the other party.
In addition, the reporter noted that at present, the State Administration of Financial Supervision has not announced the approval of the above-mentioned capital increase of Beijing Bank Financial Leasing. At the same time, according to relevant industrial and commercial information, the registered capital of Beijing Bank Financial Leasing is still 3.1 billion yuan.
According to public information, Beiyin Financial Leasing was established in January 2014, approved by the former China Banking Regulatory Commission, is a financial leasing company initiated and established by Bank of Beijing, the main business is financial leasing business, the controlling shareholder is Bank of Beijing shares, and the main shareholders also include Lygend Investment
The reporter learned that in February this year, the "Instructions on Equity Change of Beijing Bank Financial Leasing" was approved by the Beijing Banking and Insurance Regulatory Bureau, and after the equity change, the capital contribution ratio of Bank of Beijing reached 8226%。
According to the relevant approval information, with the consent of the Beijing Banking and Insurance Regulatory Bureau, Bank of Beijing will acquire the Beijing Bank Gold Leasing 1774% equity. After the change of equity, Bank of Beijing contributed 25500 million yuan, with a capital contribution ratio of 8226%；Lygend Investment*** Capital contribution amount 5500 million yuan, with a capital contribution ratio of 1774%。
In this regard, Liao Hekai, a financial researcher, told reporters that the controlling shareholder's increase in the shareholding ratio of the financial leasing company can enhance the company's capital strength, optimize the equity structure, enhance the company's reputation and promote business development, which is conducive to improving the company's capital strength and anti-risk ability, and enhancing the company's long-term development market competitiveness.
According to the reporter's understanding, since its establishment, Beiyin Financial Leasing has maintained a good development trend of steady growth in asset scale and steady improvement in profitability. However, under the influence of factors such as the overall economic environment and the intensification of competition in the financial leasing market, the capital replenishment of Beijing Bank Financial Leasing is imminent.
In this regard, Bank of Beijing said that in order to help Beijing Bank Financial Leasing improve its risk resistance, break through the bottleneck of business development and achieve sustainable development, Bank of Beijing plans to increase its capital to Beijing Bank Financial Leasing.
According to the data, in the nine years since its establishment, Beijing Bank Financial Leasing has invested more than 172 billion yuan, with a cumulative revenue of more than 20 billion yuan and a cumulative net profit of more than 2.9 billion yuan, and its operating performance has maintained a stable growth trend. As of the end of September 2023, the total assets of Beijing Bank Financial Leasing were 5144 billion yuan, operating income of 102.4 billion yuan, with a total profit of 46.2 billion yuan, net profit of 34.7 billion yuan, capital return rate of 857% and a capital adequacy ratio of 1096%, non-performing loan ratio 113%。
In addition, the reporter noted that in addition to the capital increase, Bank of Beijing also provided more than 14 billion yuan of credit to Beijing Bank Financial Leasing to support its development. According to the relevant announcement, in April this year, the board of directors of Bank of Beijing has deliberated and agreed to give a credit line of 14.4 billion yuan to Beiyin Gold Leasing, and the total amount of this capital increase of 2 billion yuan has reached 16.4 billion yuan, exceeding 5% of the latest audited net assets of Bank of BeijingIn addition, according to the Provisions on the Administration of Related-Party Transactions of Bank of Beijing, it has constituted a particularly significant related-party transaction.
According to Beiyin Financial Leasing, it adheres to the corporate mission of "creating value for customers, creating income for shareholders, creating the future for employees, and creating wealth for society", strengthens the synergy and linkage with Bank of Beijing Group, and continuously improves the quality and efficiency of serving the real economy. Now, with the advancement of matters such as the capital increase of Beijing Bank Financial Leasing, what impact will it have on its future development, China Net Finance will continue to pay attention.