富滇银行9亿股股份遭挂牌，大唐财务再次清仓甩卖

Core Viewpoint - China Datang Group Financial Co., Ltd. is attempting to transfer its 900 million shares in Fudian Bank, representing 13.47% of the total share capital, after previous unsuccessful attempts in 2021 and 2024 [2][3] Group 1: Share Transfer Attempts - Datang Financial's determination to exit is evident as it has made multiple attempts to sell its shares since 2021, with a previous offering price of 3.204 billion yuan [3][4] - The recent auction of 200 million shares by Fudian Bank's fifth-largest shareholder, Fujian Xintong Trading Co., Ltd., ended in failure due to lack of bids, indicating a cooling interest in Fudian Bank's shares [2][4] - The upcoming auction of 152 million shares from Fujian Xintong Trading is set for October 25, with a starting price of 390 million yuan, reflecting ongoing challenges in attracting buyers [4] Group 2: Financial Performance - Fudian Bank reported a revenue of 7.49 billion yuan for 2024, a year-on-year increase of 14.32%, and a net profit of 886 million yuan, up 6.96% [5] - However, the bank's 2025 Q2 report shows a decline in revenue by 13.59% to 3.318 billion yuan, despite a net profit increase of 15.07% to 504 million yuan [5] - The bank's non-performing loan ratio has remained high, with figures of 1.96%, 1.99%, and 1.97% from 2022 to 2024, indicating persistent asset quality issues [5] Group 3: Policy Influence and Market Conditions - The "Retreat Gold Order" policy may influence Datang Financial's decision to divest, as it provides a macro policy direction for state-owned enterprises [6] - Datang Financial's previous unsuccessful attempts to sell shares may have altered its expectations for returns, prompting a reassessment of its investment strategy [6] - The attractiveness of Fudian Bank's shares is diminished due to its weak profitability and poor asset quality, impacting investor interest [7]