轻资本模式受冲击，互联网银行“一哥”微众银行新帅的新挑战

Core Viewpoint - The appointment of Huang Liming as the new president of WeBank marks a significant leadership transition as the bank faces challenges in performance, asset quality, and structural transformation amid a tightening regulatory environment and shrinking consumer loans [1][2]. Leadership Transition - Huang Liming will be the third president of WeBank, following the tenure of Li Nanqing, who led the bank for ten years and significantly expanded its asset scale [2]. - Huang has been with WeBank since its inception and has a deep understanding of its operations, having previously served as the deputy president [2][3]. Business Performance - As of mid-2025, WeBank's total assets reached 714.72 billion yuan, maintaining its position as the leading internet bank, but it reported a decline in both operating income (189.63 billion yuan, down 3.44%) and net profit (55.66 billion yuan, down 11.86%) for the first time [4]. - The proportion of personal consumer loans has decreased, with total loans and advances amounting to 435.976 billion yuan, a year-on-year increase of 5.18%, while consumer loans fell by 5.53% [4]. Regulatory Environment - The new lending regulations have compressed the leverage space for joint loans, impacting WeBank's reliance on products like "Weilidai" that depend on external funding [5][6]. - The regulations require internet banks to assume more risk capital in joint loans and restrict outsourcing of core risk control functions, challenging WeBank's "light capital" operational model [6]. Strategic Adjustments - WeBank is undergoing a transformation focusing on cost reduction, structural optimization, and technology-driven growth, with an emphasis on corporate loans and wealth management as new growth areas [7][8]. - The bank has established partnerships with numerous financial institutions for wealth management and has developed a comprehensive AI infrastructure to enhance its digital banking capabilities [8][9]. Future Outlook - Analysts suggest that WeBank's strategic adjustments should focus on enhancing middle-income through high-value services, leveraging technologies like blockchain for risk control, and exploring new financial sectors [9]. - Huang Liming's leadership is expected to strengthen the integration of WeBank's consumer and business ecosystems, fostering innovation and compliance in product development [9].