Zhong Guo Ji Jin Bao·2025-11-14 14:56Core Viewpoint - The restructuring of local state-owned capital in Chongqing Bank involves the unconditional transfer of 100% equity of Chongqing Yuli Material Co., Ltd., indicating an ongoing optimization of financial equity layout by local state-owned enterprises [1][2]. Group 1: Shareholder Structure Adjustment - Chongqing Bank announced that its shareholder Chongqing Yufu Capital Operation Group Co., Ltd. and its concerted actors have undergone changes, with Chongqing Yuli Material Co., Ltd. no longer being a concerted actor after the unconditional transfer of its 100% equity [1]. - The transfer of Yuli Material's equity, which holds approximately 62,900 shares of Chongqing Bank (about 0.02% of total share capital), has been completed and registered with the market supervision administration [1]. - The adjustment aims to implement the spirit of recent Chongqing municipal party committee meetings and government directives, focusing on enhancing core functions and optimizing reforms [1]. Group 2: Context of Local State-Owned Capital Adjustments - Yufu Capital is the third-largest shareholder of Chongqing Bank, holding a 12.14% stake, fully controlled by Chongqing Yufu Holding Group Co., Ltd., which is wholly owned by the Chongqing State-owned Assets Supervision and Administration Commission [2]. - The equity adjustment is part of an internal restructuring within the local state-owned capital system and does not involve external transfers or changes in control of Chongqing Bank [2]. - Throughout 2025, various financial institutions have seen similar unconditional equity transfers, with local state-owned capital optimizing their control over quality financial assets to stabilize regional financial systems [3].