Source: financial Union

In the market, the major shareholders of the bank take over a small equity case of the village bank under the flag.

May 21FinalfightvideogameListed company Dongguan Development Holdings Co., Ltd. (hereinafter referred to as Dongguan Holdings) issued a notice that Dongguan Bank bought 5% of the shares of Changan Village Bank that the company had previously listed for transfer, with a transaction price of 2910.Finalfightvideogame.7,000 yuan. This means that it took more than a month for Dongguan Holdings to successfully liquidate its shares in the Village Bank.

Dongguan Holdings successfully sold 5% of its stake in "Village Bank"

Today, Dongguan Holdings announced that the previous listing transfer of 5% stake in Changan Village Bank went smoothly. On April 7, 2024, the company submitted the listing materials to the Southern United property Rights Exchange Center, which was officially listed on April 7, 2024. On May 7, 2024, the bidder Dongguan Bank submitted the delisting materials to the Southern United property Rights Exchange Center. On May 14, 2024, the Southern United property Rights Exchange Center issued a notice of Organization signing confirming that Dongguan Bank had transferred 5% of the shares of Changan Village Bank by agreement, and the transaction price was 2910.Finalfightvideogame.7,000 yuan. On May 17, 2024, the company signed a property rights transaction contract with the Bank of Dongguan.

Dongguan Holdings also pointed out that the transaction still needs to be approved by financial regulators, and there is uncertainty about whether the transfer can be completed in the end. This transaction does not constitute a related party transaction or a major asset restructuring.

Before January, Dongguan Holdings announced that the recipient of the sale was Dongguan Bank, the major shareholder of the Village Bank.

According to a reporter from the Financial Associated Press, on the afternoon of April 8, Dongguan Holdings issued a public announcement to transfer 5% of the shares of Dongguan Changan Village Bank Co., Ltd. This is also the first time this year that a listed company has announced the transfer of its bank shares.

According to Dongguan Holdings, the Changan Village Bank, which sold part of its shares this time, has a registered capital of 300 million yuan. It was established on March 3, 2010 by Dongguan Bank, Dongguan Holdings, 22 private enterprises, township enterprises and a natural person.

Dongguan Holdings said in an announcement that the company holds a 5% stake in Dongguan Changan Village Bank Co., Ltd., and intends to publicly list and transfer the above shares in order to focus on the main business and optimize the asset structure. At the price level, the company intends to transfer this 5% stake publicly at a base price of no less than 29.107 million yuan, and the result of this public listing transfer is uncertain. If this transaction is successfully completed, the company will no longer hold a stake in Changan Village Bank.

Combined with today's announcement, we can know that the final transaction price of Dongguan Holdings is the rock bottom price of the last announcement.

In addition, the 5% stake in Changan Village Bank is the current major shareholder of Changan Village Bank, Dongguan Bank. According to the announcement, Dongguan Bank Co., Ltd. previously held 20% of Changan Village Bank, 9% of Dongguan Changyu Investment Management Co., Ltd., 5% of Dongguan Hengan property Investment Co., Ltd., and 5% of Dongguan Holdings. Dongguan Yingda Paper Co., Ltd. holds 5%, Dongguan Mayor Anliyuan Oil Co., Ltd. holds 5%, Dai Yongle 5%.FinalfightvideogameShareholders whose shares are less than 5% hold a total of 46%. If the deal is successfully approved, it also means that Dongguan Bank's shareholding ratio will reach 25%, further strengthening its position as a major shareholder.

It should be pointed out that Dongguan Holdings is a state-owned listed company in Dongguan City, and it chose to sell its shares in the village bank in response to the relevant call of the State-owned assets Supervision and Administration Commission. On June 23 last year, the State-owned assets Supervision and Administration Commission of the State Council issued the interim measures for the Administration of shareholding of State-owned Enterprises, which made it clear that "persisting in focusing on the main business, in line with the strategic plan for the development of enterprises, and strictly controlling investment in non-main businesses". It is also proposed that "in addition to the shares held strategically or during the cultivation period, state-owned enterprises should withdraw from inefficient and invalid shares that have not been paid dividends, long-term losses and non-sustainable operations for more than five years. Withdraw from shareholding investment which is seriously inconsistent with the responsibility orientation of state-owned enterprises and does not have competitive advantage, high risk and difficult to grasp the operation situation. "

After the release of the documents, a large number of local state-owned enterprises began to transfer their previous bank shares. Typical cases include the sale of Sichuan Bank shares by Panzhihua Iron and Steel Group, the sale of Qishang Bank shares by Shandong Aluminum Co., Ltd., and the transfer of Central Plains Bank shares by Yituo shares formula.