Wenzhou Commercial Bank "head" guess

Reporter Li Yilin Shanghai reported

On July 28, Huafon Spandex (002064.SZ) announced that it was informed on July 25 that "China Banking Regulatory Commission (CBRC) has approved the establishment of Wenzhou BOC Bank Co., Ltd." (the "Reply"). As of the announcement , Has not yet received the relevant official approval.

With the approval of private banks news, Huafon Spandex ushered in the two trading days soared. July 25 This information is published on the website of the China Banking Regulatory Commission. Two o'clock in the afternoon, the stock price has been raised from 8.88 yuan to the limit. July 28, Huafeng Spandex opened lower, 10 yuan opened the highest reached 10.46 yuan, to close at 9.89 yuan.

Also involved in the establishment of CMB Chint Group's Chint Electric (SH.601877), shares and Huafeng spandex soaring point almost the same, 25 midday two o'clock, the stock price soared from 22.49 yuan limit.

Crazy for this crazy touted investment behavior, Zhejiang, a China Merchants Securities analysts believe that the status quo for the banking business for all to see, investors should consider its risk.

And Chint Electric has nothing to do

Prior to July 10, Huafon Spandex fifth fourteenth session of the Board considered and approved << on the establishment of Wenzhou private bank's motion >> said that the Wenzhou Municipal People's Government recommended to the State Council, the company set up as Wenzhou Private Bank (the name of Business sector nuclear subject) is one of the two major initiating shareholders, Huafon Spandex capital contribution of not more than 500 million yuan (including 500 million yuan).

According to the CBRC's disclosure of information, Chint Group subscribes for 29% of the total share capital of Wenzhou Commercial Bank, Huafon Spandex subscribes 20% of the total share capital, are sponsors.

While the other shareholders who subscribe for the shares below 10% of the total share capital shall be examined and approved by the Zhejiang Banking Bureau in accordance with the relevant laws and regulations.

About the establishment of private bank news, did not see Chint Electric disclosure. Chint group news spokesman told 21st Century Economic Reporter, involved in the establishment of private banks Chint Group behavior, and the listed company Chint Electric has nothing to do.

Compared with the original proposal, the shareholding ratio of both parties increased despite the co-sponsors of the two pairs did not change. Previously, the spread of the outside world version is Chint 20%, Huafeng 10% stake.

In response to this change, 21st Century Business Herald has learned from many core sources that this is because many well-known local private enterprises are unwilling to opt out of sponsorship. Chint Group and Huafon Spandex have a sense of overweight.

Xu Zhiwu, vice president of Chint Group, introduced on the 28th, from the perspective of ownership structure, the Commercial Bank is a purely private capital investment bank, its shareholders are all developed by the Wenzhou local private enterprises. Commercial and Commercial Bank of China was allowed to land in the Wenzhou area, and the Wenzhou comprehensive financial reform pilot zone has a certain relationship, "Wenzhou private banks are more familiar with the local situation, low information costs, the credit card for banks is relatively low cost, so that Wenzhou small and medium-sized enterprises in the economy play a good role in promoting.

Governor served as conjecture

Next, the candidates for the chairman and president of private banks, has become the industry's biggest guess.

An industry source disclosed that the position of governor of Commercial Bank of China and former head of the Wenzhou Central Branch Wu Guolian was considered as the most popular candidate. In this regard, a senior Wenzhou Banking Bureau said never heard of the matter, the formation of private banks is the enterprise's own behavior, the regulatory body does not interfere. In addition, the reporter has not been confirmed by Wu Guolian or related agencies.

Another argument is that local officials of regulatory agencies will assume the post of president or chairman of the Commercial and Commercial Bank of China.

Chint Group spokesman said the matter is the next preparatory plan, did not finalize, inconvenience to the public. However, Xu Zhiwu said that during the six months of preparation, he will contact with the People's Bank of Wenzhou branch and request guidance.

Wenzhou Financial Office responds to 21st Century Business Herald reported that Wenzhou Commercial Bank registered capital of 2 billion yuan.

After Wenzhou became the gold reform zone, enterprises including the municipal government and Wenzhou all worked hard and hoped to make some breakthroughs in the reform of the financial system. The examination and approval of private banks have set up two preparatory team groups since last year, one of which is a preparatory group set up by a government agency and the other a preparatory group set up by the enterprises themselves. Respectively, in the approval and management programs continue to promote and improve.

As early as March of this year, You Xiaoping, the actual controller of Huafeng Spandex, showed his determination to win the bid for Wenzhou Private Bank. "This year, the CBRC has explicitly set up three to five private banks, and Wenzhou definitely ranks among them." He has publicly said to several media outlets.

For the warning of the risks of private banks there is a warning, You Xiaoping said that the deposit insurance system can solve its risk problems. Private banks must innovate and target small and medium-sized enterprises so that small and medium-sized enterprises can enjoy "five-star" services in "living in hotels".