智通财经网·2025-12-23 00:39Core Viewpoint - The reform of the supervisory board is expected to increase board seats in listed banks, attracting long-term capital such as insurance funds, and facilitating business cooperation and capital supplementation opportunities for banks [1][2]. Group 1: Impact of Supervisory Board Reform - A new policy allows financial institutions to set up audit committees within the board, leading to the cancellation of supervisory boards in over half of the listed banks [2]. - As of December 19, 2023, 22 listed banks have received regulatory approval to abolish their supervisory boards, with 16 shareholder meetings having approved this change [2]. Group 2: Increase in Board Seats - The average number of board members in listed banks is 14, with state-owned banks averaging 15-16 members and regional banks averaging 13 members; the proportion of directors with a state-owned background is about 23.5% [3]. - The reform is projected to create an additional board seat per bank, potentially attracting 456.2 billion yuan in capital to the A-share banking sector [3]. Group 3: Attracting Long-term Capital - The increase in board seats is expected to attract insurance funds, allowing them to account for bank profit growth through the equity method, potentially drawing in 697.7 billion yuan in insurance capital to the A-share banking sector [4]. - There are currently 11 listed banks with insurance background directors, with new appointments made this year by several insurance companies [4]. Group 4: Strategic Partnerships and Capital Support - The reform supports the introduction of strategic investors for business cooperation and capital supplementation, as evidenced by recent investments in banks [4]. - The management of state-owned capital is strengthened, enhancing banks' roles in supporting national strategies and the real economy [4].