“村改支”，又有新动作

Core Viewpoint - Hengfeng Bank has officially acquired Guang'an Hengfeng Rural Bank, taking over all its assets, liabilities, and operations following the approval from the Sichuan Regulatory Bureau of the National Financial Supervision Administration [1][3]. Group 1: Acquisition Details - The Sichuan Regulatory Bureau approved the dissolution of Guang'an Hengfeng Rural Bank, with Hengfeng Bank assuming its assets, liabilities, business, and employees [3]. - Guang'an Hengfeng Rural Bank was established on December 15, 2010, with a registered capital of 200 million yuan [3]. - Hengfeng Bank's stake in Guang'an Hengfeng Rural Bank increased to 66% after acquiring an additional 52 million shares earlier this year [4]. Group 2: Strategic Moves - Hengfeng Bank has been actively acquiring stakes in multiple rural banks, including the acquisition of Chongqing Jiangbei Hengfeng Rural Bank and plans to merge with Yangzhong Hengfeng Rural Bank [6]. - The bank has initiated preparations for an initial public offering (IPO) in 2023, with a focus on meeting overall listing conditions as a core strategic goal [6]. Group 3: Financial Performance - As of the end of 2024, Hengfeng Bank reported total assets of 1.54 trillion yuan, with operating income of 25.775 billion yuan, reflecting a year-on-year growth of 1.98% [6]. - The net profit for the same period was 5.357 billion yuan, showing a year-on-year increase of 4.30% [6]. - The bank's non-performing loan balance was 12.873 billion yuan, a decrease of 1.060 billion yuan from the previous year, with a non-performing loan ratio of 1.49% [7].