来源：晋才晋商 国家金融监督管理总局晋中监管分局12月2日发布批复，同意山西寿阳农村商业银行和山西平遥农村商业银行的定向募股方案。批复文件要求两行"严格审 核股东资质，确保新增股东符合要求，入股资金来源真实合规"。 在全国范围内，仅2024年就有超过60家中小银行获准通过增资扩股补充资本，且以农村商业银行为主。这一数据揭示了当前中小银行面临的普遍资本压 力。 01 批复核心内容 根据批复文件，监管机构对两家农商行的定向募股方案提出了明确而具体的要求。最核心的一点是：严格审核股东资质，确保新增股东符合规定条件，并 保证入股资金来源真实合规。 监管机构特别强调，两家银行必须报批持股达到规定比例的股东资格。这体现了监管对银行股权结构的审慎管理态度，避免不合格股东进入银行体系。 定向募股作为一种资本补充工具，正被越来越多中小银行采用。这种募资方式不仅能补充银行核心一级资本，还能引入战略投资者，优化股权结构。 02 两家银行基本情况 山西寿阳农商行成立于2011年，注册资本5亿元人民币，法定代表人为王亚鹏。该行在寿阳县域内共设立26个分支机构，目前21个处于存续状态。 天眼查数据显示，寿阳农商行股东包括企业法人股和自然 ...

Core Viewpoint - Local small and medium-sized banks in China are accelerating capital replenishment through targeted fundraising, which has become a key choice for external capital injection [1][3][4] Group 1: Targeted Fundraising Activities - In Shaanxi, the Xi'an Yanta Hengtong Village Bank has been approved to raise 11.23 million shares through targeted fundraising, with Zhejiang Wenzhou Longwan Rural Commercial Bank as an investor [3] - The Cuiping Hengtong Village Bank in Tongchuan also received approval for a targeted fundraising plan to raise 3.68 million shares, with the same investor [3] - The Baoding Regulatory Bureau approved the targeted fundraising plan for the Quyang Rural Credit Cooperative, allowing it to raise no more than 70 million shares within six months [3] Group 2: Involvement of Local State-owned Enterprises - The Jingmen Regulatory Bureau approved the entry of local state-owned enterprises as shareholders in the Hubei Jing Shan Rural Commercial Bank, with two companies holding 30 million shares and 20 million shares respectively [4] - The involvement of local state-owned shareholders not only provides new capital but also enhances operational efficiency and risk resistance through resource integration and policy alignment [4] Group 3: Challenges and Governance Issues - Local small and medium-sized banks face challenges in capital replenishment compared to larger banks, making targeted fundraising a more suitable option due to their smaller scale and local ownership structure [4] - Analysts emphasize the importance of optimizing capital structure and governance through targeted fundraising, while also highlighting the need for refined equity management and standardized shareholder behavior to prevent risks [5] - Regulatory bodies have mandated banks to strengthen equity management, optimize ownership structure, and control related party transactions to mitigate risks [5]