AOKANG International Intends To Invest 200 Million Yuan In "Wenzhou Civil And Commercial Bank"

Last night, Zhejiang

The Limited by Share Ltd (AOKANG International) announced that the sixth meeting of the Fifth Board of directors of the company considered and adopted the motion on the proposal to participate in the establishment of a private bank in Wenzhou. It is proposed to sponsor the establishment of Wenzhou private banks as one of the sponsors, and the amount of the fund will not exceed 200 million yuan (including 200 million yuan).

At this point, "Wenzhou civil commercial bank" in addition to CHINT group and Huafeng Group, the two main sponsors, there will be AOKANG international, Hongfeng Wenzhou two listed companies share.

Shares need to be examined and approved by the banking regulatory authorities.

The announcement shows that AOKANG International's participation in the "Wenzhou civil bank" is affected.

The invitation of the preparatory group for private banks is also considered for optimizing the investment structure and enhancing the overall competitiveness of the company.

AOKANG international secretaries Chen Wenkui said that AOKANG international has always had a stake in the "Wenzhou civil and commercial bank" plan.

Finally, at the beginning of the new year, it is necessary for the two sides to reach a consensus through negotiations and plan to make a stake of 200 million yuan.

In the AOKANG international and Wenzhou civil and Commercial Bank consultations on the issue of shares, another listed company in Wenzhou "Wenzhou Hongfeng" first step forward, as early as July 15, 2014 issued a notice that the company plans to invest no more than 75 million yuan to participate in Wenzhou private banks.

Informed sources said, Wenzhou Hongfeng shares "Wenzhou civil bank" matters have not changed, and in addition to CHINT group and Huafeng Group, the two main promoters, other shareholding companies include AOKANG international, Wenzhou Hongfeng and other four or five enterprises, those undisclosed shares of enterprises may be non-listed company, will eventually be "Wenzhou civil and commercial bank" preparatory group to announce information.

AOKANG international and Hongfeng of Wenzhou have issued a notice to share the "Wenzhou civil and commercial bank", but they are not the official shareholders of Wenzhou civil and commercial bank. They still need to report to the banking regulatory authorities for approval.

According to people familiar with the matter, "Wenzhou civil and commercial bank" will confirm all shareholders and report to the banking regulatory authorities on a unified basis.

Last night, reporters tried to contact the principal sponsor of the Wenzhou civil commercial bank, CHINT group and Huafeng Group, but they did not answer the phone.

The relevant person in charge of the Wenzhou Banking Supervision Bureau said that at present, AOKANG international announcement is going to become a shareholder of "Wenzhou civil and commercial bank". It is only the intention of the company. It can not be called a bank shareholder. It needs to be reported to the Zhejiang Banking Regulatory Bureau for approval.

At present, "

"The preparatory group has not reported the relevant shareholders and other information to the Wenzhou banking regulatory sub Bureau.

"Wenzhou civil and commercial bank" will be completed 28 days ago.

Since the approval period for private banks was 6 months, since the approval in July 28th of last year, the Wenzhou civil commercial bank has been running short of construction time, that is to say, it will be completed before January 28, 2015, and then applied for business.

People familiar with the matter said that in the past few months, the preparatory work for "Wenzhou civil and commercial bank" was tight and orderly. In addition to the shareholders' uncertainty, office space and executive recruitment were relatively smooth. Currently, the headquarters of the Heng Jiu building in the urban area has been renovated and completed. The "Wenzhou commercial bank" signs and icons are all covered with red cloth, waiting for the opening of the business, and the candidates for the presidents are basically determined, which will be held by the governor of a large state-owned bank Wenzhou branch.

Outside rumors, "Wenzhou civil commercial bank" originally planned to open on the 20 th of this month.

However, the relevant person in charge of the Wenzhou banking regulatory bureau said that "Wenzhou civil and commercial bank" could be opened at the end of the month, which may be smaller, but it is more likely to open in February this year, because it is necessary to apply for approval before the opening of the CBRC, which usually takes about 15 days.

It is understood that after the completion of the preparation of the private bank and the approval of the application, the timetable for specific opening will be determined by the bank itself.

Public information shows that "Wenzhou civil commercial bank" intends to register capital 2 billion yuan, CHINT group and Huafeng Group two main sponsors contributed 29% and 20% respectively, and the remaining 51% shares to Wenzhou quality enterprises to raise.