湾区银行IPO追踪：东莞银行、南海农商行重回候场区

Group 1 - Three banks, Dongguan Bank, Nanhai Rural Commercial Bank, and Shunde Rural Commercial Bank, had their IPO applications suspended due to expired financial documents, marking the third time in two years for this issue [1] - Dongguan Bank and Nanhai Rural Commercial Bank have updated their financial documents, changing their review status from "suspended" to "accepted," while Shunde Rural Commercial Bank remains suspended [1] - Both Dongguan Bank and Nanhai Rural Commercial Bank submitted their prospectuses in 2019 but have not made substantial progress since then [1] Group 2 - Dongguan Bank plans to raise no more than 780 million shares, accounting for up to 25% of the post-issue total share capital, while Nanhai Rural Commercial Bank aims to raise no more than 1.315 billion shares, also up to 25% of its post-issue total share capital [2] - The funds raised will be used to enhance capital adequacy levels and strengthen overall competitiveness [1][2] Group 3 - As of the end of 2024, Dongguan Bank's total assets are projected to be 672.73 billion yuan, with a capital adequacy ratio of 13.93%, while Nanhai Rural Commercial Bank's total assets are expected to be 331.69 billion yuan, with a capital adequacy ratio of 16.15% [2][3] - Both banks have seen an increase in their capital adequacy ratios compared to the end of 2023 [2] Group 4 - Dongguan Bank faces significant pressure to supplement its capital due to the continuous growth of its business scale, indicating a need for external financing to meet regulatory requirements [3] - Nanhai Rural Commercial Bank also recognizes the necessity to broaden its capital replenishment channels to address the challenges posed by intensified competition and other factors affecting profitability [3][4] Group 5 - The trend of small and medium-sized banks issuing perpetual bonds ("二永债") has accelerated, with a total issuance of 154.56 billion yuan in the first half of the year, a 50% increase year-on-year [5] - Dongguan Bank has been approved to issue up to 4 billion yuan in capital instruments, reflecting the growing reliance on external funding sources among smaller banks [5][6]