GuShiio.com It is noteworthy that the group has invested in core financial institutions such as Bank of Jilin and Jilin Province Rural Financial Comprehensive Services Co., Ltd., and this capital injection may reserve space for subsequent mergers and acquisitions.
Jilin Financial Holding’s registered capital surged by 60% in a single month, approaching 15.3 billion yuan. The regional financial chess game behind the expansion of provincial financial holding platforms
Blue Whale News, February 14 (Reporter Huang Yujie)On February 14, Blue Whale News learned from the latest change information of the National Enterprise Credit Information Publicity System that Jilin Province Financial Holding Group Co., Ltd.(hereinafter referred to as Jilin Financial Holding) completed the change of registered capital in January 2024, and its registered capital jumped from 9.539 billion yuan to 15.281 billion yuan, and the monthly capital increase reached 5.742 billion yuan, an increase of 60.22%. This data change reflects new trends in the operation of local state-owned capital.
Jilin Financial Holding is a state-owned financial investment enterprise approved by the Jilin Province government and was registered and established on February 16, 2015. Jilin Financial Holding Group’s business scope mainly includes commercial real estate development, sales, management and financial backup services, mainly focusing on the construction of regional financial centers; carrying out investment in financial and financial services; starting financial services upon approval; developing financial leasing, technology, rural areas, automobiles, consumption and other new financial services and service services such as property rights transactions.
Jilin Financial Holding Group carries out financial and investment activities mainly based on the financial industry through asset operation, capital operation, bond issuance, loans, listing, etc., entrusted integration, and managed financial state-owned assets (equity); uses strategic shareholding, capital management, risk management, management, assessment and other means to promote and guide shareholding institutions to optimize resource allocation, stable operation and healthy development; Efforts will be made to build a platform for mergers and acquisitions of advantageous enterprises such as foreign auto parts, promote the mutual integration of banking, securities, insurance and other financial businesses in the region, and the mutual integration of financial capital and industrial capital, and enhance the overall innovation capabilities and competitive advantages of the financial industry.
Compared with provincial financial control platforms nationwide, the registered capital of provincial financial control groups in Anhui, Jiangsu and other places is mostly in the range of 20 – 50 billion yuan. After Jilin Financial Holding’s capital increase, the battle for financial voice in the Northeast region quietly escalated. It is noteworthy that the group has invested in core financial institutions such as Bank of Jilin and Jilin Province Rural Financial Comprehensive Services Co., Ltd., and this capital injection may reserve space for subsequent mergers and acquisitions.
Blue Whale Finance will continue to pay attention to the reform process of the provincial financial control platform and the far-reaching impact of this capital operation on the financial ecology of the Northeast region.
