顺德农商行排队六年后 正式按下上市“暂停键”

Group 1 - The core point of the article is the withdrawal of Shunde Rural Commercial Bank's IPO application, which has led to a reduction in the number of banks waiting for A-share listings to five [2][4][6] - Shunde Rural Commercial Bank had been in the IPO process since 2017, with its application being accepted by the China Securities Regulatory Commission in 2019, but faced multiple interruptions and delays in recent years [3][4] - The bank's decision to withdraw its IPO application is attributed to a strategic planning adjustment, and it currently has no plans for an H-share listing [4] Group 2 - The bank has experienced a decline in profitability, with net profit showing a "three consecutive declines" trend, reporting a total profit of 33.97 billion yuan in 2024, down 7.17% year-on-year [4][5] - Despite the profit challenges, Shunde Rural Commercial Bank plans to distribute 39.99% of its net profit, amounting to 12.71 billion yuan, to shareholders [5] - The bank's asset quality is under scrutiny, with non-performing loans increasing to 40.49 billion yuan, resulting in a non-performing loan ratio of 1.61%, up 0.13 percentage points from the previous year [5] Group 3 - The overall progress of bank IPOs has slowed, with no new listings since Lanzhou Bank in January 2022, and several banks, including Shunde Rural Commercial Bank, withdrawing their applications [6][8] - Currently, there are 15 banks in the listing guidance phase, with many smaller banks opting for IPOs in Hong Kong instead [8] - Factors contributing to the stagnation of A-share IPOs include stricter regulatory reviews, limited market capacity, and prolonged IPO waiting periods [8]