Core Viewpoint - The Urumqi Urban Transportation Investment Company is set to acquire a 14.22% stake in Urumqi Bank, potentially making it the second-largest shareholder, as part of the bank's preparations for an IPO planned for 2025 [2][3]. Group 1: Shareholding Changes - The Urumqi Urban Transportation Investment Company will receive 568,820,428 shares from Urumqi Urban Construction Investment Group Co., representing a 14.22% stake in Urumqi Bank, through a non-compensatory transfer [2]. - Following this transfer, Urumqi Urban Transportation Investment Company will become the second-largest shareholder of Urumqi Bank [2]. Group 2: IPO Preparations - Urumqi Bank has been preparing for its IPO for eight years, having signed a counseling agreement with Haitong Securities in March 2017, but remains in the counseling phase [5]. - Haitong Securities has issued 32 progress reports regarding Urumqi Bank's IPO counseling since 2017 [5]. - Urumqi Bank has identified "promoting the listing" as a core objective for 2025 in its 2024 annual report [2]. Group 3: Corporate Governance - Urumqi Bank's complex shareholding structure has been attributed to historical reasons, prompting Haitong Securities to recommend corrective actions [7]. - Urumqi Bank is currently working on capital increase and share expansion, pending regulatory approval [7]. - Recent changes in leadership include the appointment of Wang Hui as the chairman of Urumqi Bank, following the resignation of the previous chairman due to work changes [8].
乌鲁木齐银行启动IPO辅导的第8年:第二大股东或将“易主”,董事长王辉上任
Sou Hu Cai Jing·2025-06-25 03:32