吸并6家村镇银行后，成都农商行距离上市还有多远？

Core Viewpoint - Six rural banks in Sichuan have been approved for dissolution and will be absorbed by Chengdu Rural Commercial Bank, which may help reduce non-performing assets and improve capital adequacy ratio, potentially facilitating its IPO process [1][2][3]. Group 1: Merger and Acquisition Details - The six dissolved rural banks are located in Sichuan and include Zizhong Zhongcheng Rural Bank, Emeishan Zhongcheng Rural Bank, Qianwei Zhongcheng Rural Bank, Changning Zhongcheng Rural Bank, Nanbu County Zhongcheng Rural Bank, and Junlian Zhongcheng Rural Bank [2]. - Chengdu Rural Commercial Bank holds significant stakes in these banks, with ownership percentages ranging from 81% to 100% [3]. - The merger is expected to lower operational costs and enhance asset quality through unified management, addressing the common issues of small scale and weak risk control in rural banks [3]. Group 2: IPO Preparation and Challenges - Chengdu Rural Commercial Bank has been preparing for its IPO since December 2021, with CITIC Securities as its sponsor [4]. - The bank faced regulatory challenges, including a significant fine in late 2021 for multiple violations, which cast a shadow over its IPO prospects [4]. - The bank's IPO process has been complicated by historical issues such as asset ownership disputes and unresolved legal matters, which are being monitored by its advisory firm [5][6]. Group 3: Financial Performance - As of mid-2025, Chengdu Rural Commercial Bank reported a revenue of 9.537 billion yuan, a year-on-year increase of 8.45%, and a net profit of 4.231 billion yuan, up 7.63% [6]. - The bank's total assets reached approximately 983.678 billion yuan, reflecting an 11.8% growth compared to the previous year [6]. Group 4: Leadership Changes and Future Outlook - A new chairman, Wang Hui, has been appointed, who has extensive experience in the banking sector and previously led Chengdu Bank to a successful IPO [7][8]. - Experts believe that Wang's experience could provide a replicable model for Chengdu Rural Commercial Bank's IPO, but the speed of rectifying historical asset and ownership issues will be crucial [8].