INDUSTRIAL BANK(SH:601166) Zhong Guo Ji Jin Bao·2025-05-07 13:38Core Viewpoint - Industrial Bank has been approved to establish Xingyin Financial Asset Investment Co., becoming the first joint-stock bank to receive such a license after five state-owned banks [2][4]. Group 1: Approval and Establishment - The approval for the establishment was granted on May 6, with a requirement to complete the setup within six months under the supervision of the financial regulatory authority [4]. - The establishment of the AIC is part of a broader initiative to support qualified national commercial banks in setting up financial asset investment companies [2][4]. Group 2: Regulatory Support and Expansion - The regulatory authority has been actively promoting the establishment of AICs, with a focus on expanding direct equity investment trials [5]. - As of May 7, the signed intention amount for AIC equity investment trials has exceeded 380 billion yuan [5]. - The expansion of AICs is expected to enhance the professional alignment of equity investments with the funding needs of technological innovation, thereby addressing the challenges of indirect financing [5].