GuShiio.com CITIC Consumer Capital increased its registered capital by 300 million yuan, and its registered capital was changed from 700 million yuan to 1 billion yuan.
CITIC Consumer Finance Capital Increase Approved
Blue Whale News, March 7 (Reporter Huang Yujie)On March 7, the Beijing Financial Supervision Bureau of the State Financial Supervision and Administration issued an approval, agreeing to increase the registered capital of CITIC Consumer Finance by 300 million yuan and change the registered capital from 700 million yuan to 1 billion yuan.
On December 24 last year, CITIC Consumer Finance issued an announcement on changes in registered capital and major related party transactions, stating that CITIC Consumer Finance had signed capital increase agreements with its shareholders China CITIC Financial Holdings Limited and Kingdee Software (China) Limited. CITIC Financial Holdings and Kingdee China will jointly contribute 300 million yuan in cash, of which CITIC Financial Holdings contributed 210 million yuan and Kingdee China contributed 90 million yuan.
CITIC Consumer Finance is the 24th licensed consumer financial institution in the country. Currently, its core products are fixed-term loans, which mainly serve new industry workers, employees of specialized and new enterprises, new citizens and other customers.
According to data released by CITIC Consumer Capital, as of the end of 2023, it achieved operating income of 708 million yuan, a year-on-year increase of 37%; net profit of 118 million yuan, a year-on-year increase of 36.66%.
As of the end of 2023, its total assets were 11.038 billion yuan, an increase of 8.82% from the end of the previous year; the return on net assets was 13.42%, an increase of 2.31 percentage points from the end of the previous year; it served a total of 11.5734 million customers, and the cumulative loans exceeded 100 billion yuan; The loan balance was 10.694 billion yuan, an increase of 11.14% from the end of the previous year.
