超7%反对！广州农商行合并3家银行存分歧，盈利困境未来如何破？

Core Viewpoint - Guangzhou Rural Commercial Bank has announced plans to absorb and merge three village banks, which will be converted into branches of the bank, pending regulatory approval. This follows a previous attempt to merge two other village banks that did not receive unanimous shareholder support [1][2][9]. Group 1: Merger Details - The three village banks targeted for merger are Xingning Zhujiang Village Bank, Heshan Zhujiang Village Bank, and Shenzhen Pingshan Zhujiang Village Bank. Post-merger, these banks will dissolve and their assets and liabilities will be assumed by Guangzhou Rural Commercial Bank [1][2]. - The registered capital of Guangzhou Rural Commercial Bank is approximately 11.45 billion yuan, while the three village banks have registered capitals of 50 million yuan, 150 million yuan, and 300 million yuan respectively. The registered capital of Guangzhou Rural Commercial Bank will remain unchanged after the merger [2][5]. Group 2: Shareholder Voting Results - The merger proposals received 90.917% approval from shareholders, with 7.4524% voting against and 1.6306% abstaining. However, this indicates a lack of unanimous support among shareholders [2][4]. - The voting results for the merger of Shenzhen Pingshan Zhujiang Village Bank showed an approval rate of 83.3297%, with a significant abstention rate of 9.2178% [3][4]. Group 3: Financial Performance - Guangzhou Rural Commercial Bank has experienced a decline in revenue for three consecutive years, with revenue dropping to 15.83 billion yuan in 2024, a decrease of 12.79% year-on-year. Net interest income and net commission income also fell by 17.9% and 33.71% respectively [5][6]. - The bank's net profit attributable to shareholders decreased by 21.02% to 2.08 billion yuan in 2024, down from 3.49 billion yuan in 2020, marking a total reduction of 3 billion yuan over the period [5][6]. Group 4: Asset Quality - The non-performing loan ratio of Guangzhou Rural Commercial Bank improved from 2.11% in 2022 to 1.66% in 2024, while the provision coverage ratio increased to 184.34% [7][8]. - The targeted village banks have shown declining financial performance, with Heshan Zhujiang Village Bank reporting a 50.83% drop in net profit to 1.54 million yuan in 2024 [11]. Group 5: Regulatory Concerns - The targeted village banks have faced regulatory scrutiny, with instances of non-compliance and penalties reported. For example, Shenzhen Pingshan Zhujiang Village Bank was fined for violating internal control procedures [11][12]. - Previous mergers by Guangzhou Rural Commercial Bank also faced challenges, as seen in the failed merger attempts of Dongguan Huangjiang Zhujiang Village Bank and Zhongshan Dongfeng Zhujiang Village Bank, which similarly did not achieve full shareholder approval [9][10].