来了！这家省级银行，要继续合并当地其他城商行！

Core Viewpoint - Xinjiang Bank is set to hold a temporary shareholders' meeting in late July to discuss a series of proposals related to absorption and merger, capital increase, and changes in registered capital, primarily focusing on the integration of Huhe Bank [1][5]. Group 1: Absorption and Merger Plans - Xinjiang Bank plans to complete the absorption and merger of Huhe Bank after successfully integrating Kurle Bank in mid-2024 [7][8]. - The integration of Huhe Bank is part of a broader strategy to consolidate local commercial banks in Xinjiang, reducing the number of city commercial banks in the region to four [8]. - The shareholders' meeting will also review proposals for capital increase and changes in registered capital [6][5]. Group 2: Huhe Bank Overview - Huhe Bank, headquartered in Kuitun City, is the first county-level commercial bank in Xinjiang and one of the smallest city commercial banks in the country, with total assets of approximately 44.7 billion yuan and registered capital of nearly 1.1 billion yuan as of the end of 2021 [3]. - The bank has not disclosed annual reports for several years and had previously aimed for an A-share listing but later shifted to a Hong Kong IPO, which ultimately lapsed [3][4]. - The bank's major shareholders are local private enterprises, with the largest shareholder holding less than 10% [3]. Group 3: Recent Developments - Xinjiang Bank has initiated a supplier bidding process for the technology system integration and testing services related to Huhe Bank [2][5]. - The bank's chairman has indicated a commitment to steadily advance the absorption and merger process, including exploring the transformation of village and town banks into branches of Xinjiang Bank [8]. - The integration efforts are part of a larger trend of restructuring local commercial banks in China, aimed at strengthening regional financial services and mitigating risks [9][13].