INDUSTRIAL BANK(SH:601166) Xin Hua Cai Jing·2025-11-16 08:12Core Viewpoint - The establishment of Xingyin Financial Asset Investment Co., Ltd. marks the first financial asset investment company (AIC) set up by a joint-stock bank in China, aiming to enhance support for technology and private enterprises while optimizing capital structures and reducing leverage [1][2]. Group 1: Company Establishment - Xingyin Investment was officially established on November 16 in Fuzhou, following the approval from the financial regulatory authority [1]. - The company has a registered capital of RMB 10 billion and is based in Fuzhou, Fujian Province [1]. Group 2: Strategic Goals - The company aims to leverage opportunities from the new technological revolution and industrial transformation, focusing on providing professional services and expanding market reach [1]. - It plans to enhance support for technology innovation and industrial innovation in Fujian, contributing to the province's development [2]. Group 3: Partnerships and Collaborations - On the day of the unveiling, Xingyin Investment signed strategic cooperation agreements with four investment institutions and project cooperation agreements with twelve enterprises, totaling over RMB 10 billion [2]. - The partnerships include collaborations with notable companies such as Xiamen Xiangyu Group and Ganfeng Lithium Co., Ltd. [2]. Group 4: Financial Performance - As of the end of September, the technology finance loan balance of the parent bank, Xingye Bank, reached RMB 1.13 trillion, reflecting a year-to-date growth of 17.70% [2].