Core Viewpoint - Fangzheng Securities announced the sale of 300 million shares of Shengjing Bank, with a total transaction price of 435 million yuan, following Shengjing Bank's plan to delist from the Hong Kong Stock Exchange [2][6]. Group 1: Transaction Details - The sale will result in Fangzheng Securities no longer holding shares in Shengjing Bank, leading to an estimated reduction of approximately 449 million yuan in net profit attributable to shareholders for the current year [3]. - The transaction price reflects a significant premium compared to the market price prior to the suspension of trading, providing shareholders with a rare opportunity to liquidate their investments [8]. Group 2: Shengjing Bank's Financial Performance - Shengjing Bank's total assets are projected to reach 1.12 trillion yuan by the end of 2024, representing a year-on-year growth of 4% [5]. - The bank's revenue has declined from a peak of 21 billion yuan in 2019 to 8.58 billion yuan in 2024, while net profit has significantly decreased from a peak of 7.58 billion yuan in 2017, with a year-on-year decline of 15.21% expected in 2024 [7][8]. Group 3: Reasons for Delisting - Shengjing Bank's decision to delist is aimed at providing shareholders with a chance to cash out their investments, as the bank's stock price has decreased by 4.20% despite the overall market rising [7]. - The delisting is also intended to optimize resource allocation, as the bank's low trading volume has limited its ability to raise funds effectively through equity markets [8]. Group 4: Industry Implications - The "state-owned acquisition + Hong Kong delisting" model is seen as a potential pathway for struggling regional banks to address historical issues and promote reform, suggesting that more city commercial banks may follow suit, leading to further industry consolidation [9].

一则工商年报信息，将河南襄城农村商业银行股份有限公司（简称"襄城农商行"）推向市场的聚光灯下。 根据其披露的2024年年度报告，该行在去年营业收入仅为2.13亿元的背景下，净利润竟亏损高达4.57亿元。这一数字不仅触目惊心，更因其是襄城农商行首 次通过工商年报公开其财务数据，使得外界得以窥见这家地方性银行经营困境的一角。在此之前，该行的经营业绩如同一团迷雾，鲜为外界所知。 除了巨额亏损，这份简短的年报还显示，截至2024年末，襄城农商行的资产总额为233.28亿元，负债总额226.54亿元，所有者权益（净资产）6.75亿元。一 家总资产超过200亿的农商行，缘何录得如此巨额的亏损？这背后究竟隐藏着怎样的经营难题与历史包袱？ "实力派"新股东与"问题户"老股东 在襄城农商行当前的股东结构中，河南投资集团有限公司（简称"河南投资集团"）以高达58.91%的持股比例，稳坐襄城农商行第一大股东之位 。 河南投资集团的背景堪称显赫。作为河南省首家国有资本运营公司，其注册资本达120亿元，不仅拥有国内AAA主体信用评级 ，国际信用评级也达到A级。 截至2024年12月底，河南投资集团的总资产达到3577亿元，净资产144 ...