Bangyin Golden Leasing under Anbang Insurance Group has completed the decoupling from Anbang Department.
On May 29th, Bangyin Financial Leasing Co., Ltd. (hereinafter referred to as Bangyin Golden Leasing) issued an announcement on the China Bond Information Network that the company was on May 12th. After completing the business license and industrial and commercial registration, Zhongyuan Bank (1216.HK) and Henan Wansong Construction Engineering Co., Ltd. (hereinafter referred to as Henan Wansong) held 90% and 10% of the shares respectively. At the same time, with the approval of Tianjin Banking and Insurance Regulatory Bureau, the chairman and legal representative of Bangyin Jinzuo was changed from Li Jianfei to Pan Wenyao.
Bangyin Golden Rental did not further disclose Pan Wenyao ’s relevant information. However, Li Jianfei, who previously served as the chairman of Bangyin Jinzuo, has worked in Anbang for many years, successively as the general manager and executive director of the financial department of Anbang P & C Insurance, and the deputy general manager of Anbang P & C Insurance. Before the Anbang Department withdrew from the Chengdu Rural Commercial Bank, Li Jianfei was the executive vice president of the Chengdu Rural Commercial Bank.
The transfer of the state-owned gold leasehold rights will be traced back to November 2018. The Shanghai United Property Exchange issued information at the time that 3 billion shares of Bangyin Gold Leasing (accounting for 100% of the total share capital) were publicly transferred for a price of 4.735 billion yuan. The transferors are Chengdu Rural Commercial Bank (51% stake, hereinafter referred to as Chengdu Rural Commercial Bank) and Anbang Life Insurance Co., Ltd. (49% stake, hereinafter referred to as Anbang Life Insurance).
On February 19, 2019, nearly three months after the state-owned gold leasehold was publicly transferred, Zhongyuan Bank issued an announcement saying that the bank and Henan Wansong In the public listing procedure held by the Shanghai United Property Exchange, he successfully obtained 100% of the shares of Bangyin Gold Leasing, and the transaction price was 4.735 billion yuan, which was the base price of the state’s gold lease when it was listed and transferred.
According to this disclosure of Bangyin Golden Leasing, the China Banking Regulatory Commission approved the change of the equity of Bangyin Golden Leasing in October 2019.
Regarding the acquisition of Bangyin Gold Leasing, Centaline Bank said at the time that the acquisition was a measure taken by the bank to seize the good development opportunities of the financial leasing industry and was committed to providing A comprehensive range of financial services fits the strategy of creating a diversified and comprehensive financial service system. Through the acquisition, it is conducive to achieving complementary advantages and coordinated development, expanding financial business space, strengthening the ability to prevent and mitigate risks, improving service levels and comprehensive competitiveness, thereby promoting the business development of the bank.
Zhongyuan Bank was reorganized from 13 city commercial banks such as Kaifeng City Commercial Bank, Anyang Bank, Hebi Bank, etc.The first provincial-level legal person bank was approved to open in December 2014. On July 19, 2017, Centaline Bank officially listed on the Hong Kong Stock Exchange.
Henan Wansong is a limited liability construction engineering company established on February 24, 2016 with its headquarters in Zhengzhou. Henan Wansong has a registered capital of RMB 1 billion and is mainly engaged in construction engineering construction, municipal public engineering construction, electric power engineering construction and other businesses.
According to the data, Bangyin Golden Leasing was established in August 2013 and is headquartered in Binhai New Area, Tianjin. It is the first company in China jointly established by banking and insurance capital The financial leasing company was jointly established by Chengdu Rural Commercial Bank and Anbang Life Insurance. However, with the withdrawal of the Anbang Department, the color of “insurance industry capital” on the state bank gold lease also faded.