CNCB(SH:601998) Zhong Guo Ji Jin Bao·2025-12-17 13:35Core Viewpoint - Xinyin Financial Asset Investment Co., Ltd. (Xinyin Jintou) officially opened in Guangzhou, becoming the third financial asset investment company (AIC) under a joint-stock bank in China [1][2]. Group 1: Company Establishment - Xinyin Jintou's registered capital is 10 billion RMB, and it is located in Guangzhou, Guangdong Province [2]. - The establishment of Xinyin Jintou signifies the addition of another AIC under a joint-stock bank, enhancing the AIC landscape in China [2]. Group 2: Strategic Focus - Xinyin Jintou will focus on market-oriented debt-to-equity swaps and equity investment in strategic emerging industries, supporting innovation-driven enterprises and the private economy [2]. - The company aims to enhance the comprehensive operational capabilities and sustainable development of CITIC Bank [2]. Group 3: Industry Context - The opening of Xinyin Jintou follows the establishment of other AICs, including the one under China Merchants Bank in Shenzhen, contributing to a dual-core AIC structure in the Guangdong-Hong Kong-Macao Greater Bay Area [3]. - The rapid expansion of AICs is supported by regulatory changes, allowing joint-stock banks to establish AICs in 18 pilot cities, thus accelerating the pace of AIC licensing [3].