Core Viewpoint - The Xinjiang Financial Regulatory Bureau has approved a capital increase of 620 million yuan for Urumqi Bank, raising its registered capital from 4 billion yuan to 4.62 billion yuan, thereby strengthening its capital base [1][2] Group 1: Company Background - Urumqi Bank, established in December 1997, is the first local joint-stock bank in Xinjiang with independent legal status, originally formed from 38 urban credit cooperatives [1] - The bank has undergone several name changes, becoming Urumqi Commercial Bank in July 1998 and Urumqi Bank Co., Ltd. in December 2015 [1] - Currently, Urumqi Bank has a total share capital of 4 billion shares, employs over 2,300 staff, and operates 97 branches, with additional branches in six locations including Changji, Aksu, and Ili [1] Group 2: Management Changes - Prior to the capital increase approval, Urumqi Bank experienced a round of executive changes, including the resignation of former Chairman Ren Siyu and former President Wang Hui [1] - Wang Hui has been appointed as the new Chairman, and Li Xingsheng's qualifications as President were also approved, indicating a stabilization of the management team [1] Group 3: IPO Preparation - Urumqi Bank's IPO preparation has entered its eighth year, having signed a listing guidance agreement with Haitong Securities in March 2017, but has faced challenges due to complex equity structure and frequent management changes [2] - The bank is currently in the "guidance filing acceptance" stage and aims to enhance its equity confirmation ratio to over 95% in 2024 [2] - In June 2025, the Xinjiang Financial Regulatory Bureau approved the transfer of 14.22% of Urumqi Bank's shares from one major shareholder to another, which is expected to optimize the bank's equity structure [2] Group 4: Financial Performance - Urumqi Bank has shown steady revenue growth over the past three years, with revenues of 2.987 billion yuan, 3.456 billion yuan, and 4.251 billion yuan for 2022, 2023, and 2024 respectively, and net profits of 873 million yuan, 1.035 billion yuan, and 938 million yuan [2] - The bank's non-performing loan ratio increased from 0.92% to 1.95% in 2024, indicating some pressure on asset quality [2] - The completion of the capital increase is expected to improve the bank's capital adequacy ratio, supporting its future business expansion and IPO preparations [2]
乌鲁木齐银行获准增资6.2亿元
Guo Ji Jin Rong Bao·2025-10-29 12:23