Ant Microfinance Company withdrew from the operating entity of Huabei and Borrow , and Ant Group

Mondo Technology Updated on 2024-01-29

On December 12, Tianyancha showed that Chongqing Ant Microfinance Company was renamed "Chongqing Small and Micro Financial Technology*** and officially changed its name to "Little Ant". The business scope ranges from "carrying out various loans, discounts, and asset transfers all over the country", and adding new businesses such as advertising production, network sales, and hotel management.

*The Times quoted Ant Group as saying that after the microfinance company withdraws, it will continue to maintain its existing business and ensure that users' service experience will not be affected.

"Huabei" and "Borrow" were first operated by two companies under Chongqing Ant Microfinance Company and Chongqing Ant Shangcheng Microfinance Company. Chongqing Ant Consumer Finance*** (hereinafter referred to as "Ant Consumer") was approved for operation in June 2021.

According to Ant Group's rectification plan, Ant Spending will hand over the business of Huabei and Borrowing to Ant Consumption, and after the rectification is completed, Huabei and Borrowing will become Ant Consumer's exclusive consumer credit products.

When Ant Financial was founded, the registered capital was 8 billion, and Ant Technology was the largest shareholder. The remaining shareholders are: Nanyang Commercial Bank holds 1501% of the shares;Cathay United Bank (China) holds 10% of the shares, and CATL holds 8% of the sharesTransInfo Technology holds 701% of the shares;China Huarong holds 499% of the shares;Yuyue Pharmaceutical owns 499% of the shares;

According to the data, Chongqing Ant Finance*** was established in June 2021 and was approved by the former China Banking and Insurance Regulatory Commission (now the Hong Kong Monetary Authority) to be a licensed financial institution mainly engaged in consumer finance business.

Ant Financial was previously approved to increase its capital by 23 billion yuan, and the new shareholder is Chongqing state-owned holding company.

According to the China Banking Regulatory Commission on October 25, after the review of the Chongqing Supervision Bureau, the registered capital of Chongqing Ant Consumer Finance (hereinafter referred to as "Ant Consumer Finance") increased from 18.5 billion yuan to 23 billion yuan.

According to the company's investigation, the last change in Ant Consumption Gold was on July 17, and it was Jin Xiaolong who replaced Huang Hao's position and became the legal representative of Ant Consumption. However, among the four major shareholders, there is no latest industrial and commercial change registration.

Ant Financial's previous shareholding structure chart showed that there were 12 shareholders. After the regulatory approval, Chongqing Yufu Huamao State-owned Asset Management *** hereinafter referred to as "Yufu Huamao") will become a shareholder of a new Ant Money, and this time, the company will also become a new shareholder.

Yufuhua** is an enterprise established in 1995, and its actual controller is Chongqing State-owned Assets Supervision and Administration Commission.

Encyclopedia.

The capital increase and the adjustment of the shareholding structure brought the number of shareholders of Ant Consumer Gold to 13.

Specifically, after the capital increase and equity structure adjustment, the shareholding ratios of Ant Gold shareholders are: 50% held by Ant Technology Group, 10% held by Hangzhou Financial Investment Digital Technology Group, 6% held by Zhejiang Sunny Optical Co., Ltd., and 5% held by Nanyang Commercial Bank221%, Transfar Zhilian shares 501%, Jiangsu Yuyue Medical Equipment Co., Ltd. 499%, Chongqing Yufu Huamao State-owned Asset Management***3478%, Cathay United Bank (China) 3344%, CATL New Energy Technology ***2783%, Beijing TransInfo Technology***2438%, China Huarong Asset Management***1736%, Chongqing Rural Credit Investment Group 0959%。

Ant Pay had revenue of 3.8 billion yuan in the first half of the year.

In June 2021, Ant Financial was officially established. It is understood that after the official opening of Ant Financial, it will be mainly responsible for the restructuring of Ant Group's consumer finance business.

During the one-year transition period after the establishment of Ant Financial, two microfinance companies under Ant Group exited the market smoothly and orderly.

According to the disclosure, on January 7, 2023, Ant Group issued the "Announcement of Ant Group on Continuously Improving Corporate Governance", which intends to restructure the upper shareholders such as Hangzhou Junhan Equity Investment and Hangzhou Junao Equity Investment Partnership.

According to Ant's semi-annual report, in the first half of this year, its operating income was 381.6 billion yuan, with a net profit of 44.5 billion. As of June 30, 2023, Ant Financial's assets totaled 1,9710.4 billion yuan, with total liabilities of 17838.3 billion yuan, net assets of 18.7 billion$2.1 billion.

The first financial report released by Ant Financial showed that as of the end of 2022, its assets totaled 1,0623.3 billion yuan, liabilities 9845.7 billion yuan, 777.6 billion yuan. During the reporting period, Ant Financial achieved 41The operating income of 4.9 billion yuan and the net profit were 84.1 billion yuan.

It is worth mentioning that this year, Ant Spending also ushered in its second chairman. On July 14, the Chongqing Banking and Insurance Regulatory Bureau announced that it had approved Jin Xiaolong to serve as chairman of Ant Finance.

Related Pages