事关破产重整，又一银行股权被拍卖

Core Viewpoint - The shares of Shanxi Bank held by Zhongrong Xinda Group, approximately 416 million shares, are set to be publicly auctioned, reflecting ongoing challenges in the banking sector and the group's financial difficulties [2][8]. Group 1: Share Auction Details - Zhongrong Xinda Group's 416 million shares in Shanxi Bank will be auctioned on January 2026, with a starting price of 417 million yuan, representing 1.61% of the bank's total shares [2][8]. - The largest shareholder of Shanxi Bank is Shanxi Rongjin Xingjin Private Equity Fund, holding 59.09% of the shares, followed by Shanxi Coal International Energy Group and others [3][9]. Group 2: Financial Performance - Shanxi Bank's revenue from 2021 to 2023 was 2.705 billion yuan, 3.096 billion yuan, and 3.149 billion yuan, with net profits of -4.673 billion yuan, 416 million yuan, and 931 million yuan respectively [4][10]. - In 2024, Shanxi Bank achieved a revenue of 3.168 billion yuan, a 0.6% increase year-on-year, but net profit plummeted by 93.86% to only 51 million yuan [4][10]. Group 3: Factors Affecting Profitability - The decline in profitability despite revenue growth is attributed to the merger of four high-risk rural banks, cost reductions, and increased provisions for impairment [5][11]. - Shanxi Bank has provided a total of 1.269 billion yuan in fee reductions over the past three years, with 469 million yuan in 2024 alone [5][11]. Group 4: Asset Quality and Management Changes - As of the end of 2024, the non-performing loan ratio increased from 1.74% in 2023 to 2.5%, and the return on equity was only 0.23%, below the average for city commercial banks [5][11]. - In December 2024, a new president, Xing Yi, was appointed to Shanxi Bank, following the departure of the previous president, Li Yingyao [6][12].