股份行AIC破冰，兴业银行拔得头筹

Core Insights - The establishment of Xingyin Financial Asset Investment Co., Ltd. marks the first financial asset investment company (AIC) initiated by a joint-stock bank in China, breaking the monopoly of the five major state-owned banks in this sector since 2017 [1][3] - The company has a registered capital of 10 billion yuan and aims to support technology innovation and the development of private enterprises by optimizing capital structures and reducing leverage [1][3] Regulatory Background - The significant expansion of regulatory policies in March 2023 allowed qualified commercial banks to establish AICs, promoting financial resources towards the technology innovation sector [3] - Following the approval of Xingyin's establishment, other banks such as CITIC Bank and China Merchants Bank were also granted permission to set up AICs, indicating a growing trend in the banking sector [3] Industry Impact - AICs are viewed as "patient capital," providing long-term support to technology enterprises and helping to lower financing costs while diversifying investment risks [4] - The growth of AICs is expected to provide stable and robust financial support for high-quality economic development and industrial upgrades in China [4]