新疆银行5亿股拟清仓，前三季度净利近4亿，启动IPO加快

Core Viewpoint - A major shareholder of Xinjiang Bank, China Railway Construction Investment Group Co., Ltd., plans to sell 500 million shares, representing 6.32% of the bank's total equity, raising concerns in the financial sector [1] Shareholder Structure - Xinjiang Bank's top three shareholders each hold 17.39%: Xinjiang State-owned Assets Investment and Operation Co., Ltd. and Xinjiang Production and Construction Corps Investment Co., Ltd. The third largest shareholder is Xinjiang Tianshan Rural Commercial Bank with a 12.65% stake [2] - The fourth largest shareholder, China Railway Construction Investment Group Co., Ltd., holds 6.32%, while the fifth largest, Xinjiang Production and Construction Corps Seventh Division State-owned Capital Investment and Operation Group Co., Ltd., holds 4.43% [2] Financial Performance - In the first three quarters of this year, Xinjiang Bank reported revenue of 1.852 billion yuan, a decrease of 147 million yuan compared to the same period last year, while net profit increased by 370 million yuan to 395 million yuan [3] - As of September 30, total assets were 174.829 billion yuan, total liabilities were 163.554 billion yuan, and net assets were 11.276 billion yuan. Total deposits reached 133.423 billion yuan, and total loans were approximately 97.789 billion yuan [5] Capital Adequacy - The core Tier 1 capital adequacy ratio and Tier 1 capital adequacy ratio were both 9.33%, with a total capital adequacy ratio of 11.19%, showing a decline of 1.22 and 1.09 percentage points from the end of last year [5] Growth and Mergers - Xinjiang Bank's revenue for 2024 is projected to be 2.717 billion yuan, a year-on-year increase of 52%, with net profit expected to rise by 25% to 588 million yuan [5] - The bank has completed mergers with Kurle Bank and Xinjiang Huihe Bank, which will increase its total assets to over 200 billion yuan, aligning it closer to Urumqi Bank [5] Management Changes and IPO Plans - Recent approvals for the qualifications of several senior executives indicate a strategic shift, as the bank prepares for an IPO after eight years of initial preparations [6]