Netizens are detained for fabricating the rumors of Yangquan commercial banks running away with money

category:Finance
 Netizens are detained for fabricating the rumors of Yangquan commercial banks running away with money


On the same day, Yangquan Municipal government, Yangquan central sub branch of the Central Bank of China and Yangquan banking and insurance regulatory bureau all issued announcements.

Yangquan Central Branch of the peoples Bank of China and Yangquan branch of the bank insurance regulatory bureau said in the announcement that at present, the bank is in normal operation, has sufficient funds, paid in full reserves, participated in deposit insurance and has sufficient payment capacity. The interests of depositors are protected by the state law, hoping that depositors can be treated rationally, not believing or spreading rumors.

In terms of asset quality, by the end of 2018, the non-performing loan ratio of Yangquan commercial bank was 2.57%, up 1.54% year on year; the provision coverage rate was 120%, down 162.73% year on year.

In terms of capital adequacy ratio, by the end of 2018, Yangquan commercial banks core tier one capital adequacy ratio was 8.17%, tier one capital adequacy ratio was 8.17%, and capital adequacy ratio was 8.42%. According to the requirements of capital management measures of commercial banks (for Trial Implementation), by the end of 2018, the core Tier-1 capital adequacy ratio, Tier-1 capital adequacy ratio and capital adequacy ratio of systemically important banks should reach 8.5%, 9.5% and 11.5% respectively, while the core Tier-1 capital adequacy ratio, Tier-1 capital adequacy ratio and capital adequacy ratio of non systemically important banks should not be less than 7.5%, 8.5% and 10.5% respectively.

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Weidai.com became the largest shareholder of the company and later withdrew

According to the public information, by the end of 2018, the top ten shareholders and shareholding ratio of Yangquan commercial bank were: Sinocoal Xingyuan (Beijing) Technology Co., Ltd., Shanxi HSBC Investment Co., Ltd. and Jinzhong XINKEYUAN Agricultural Trade Co., Ltd. all held 9.76%, Yangquan Coal Industry (Group) Co., Ltd. held 9.41%, and Yangquan Jingcheng Organic Chemical Plant Co., Ltd The shareholding ratio of the company is 4.98%. Zhongjicai e-commerce (Beijing) Co., Ltd., Inner Mongolia Ordos chaonaoliang Coal Co., Ltd., Heyou Industry Co., Ltd., Jinzhong Bairui Electronic Technology Co., Ltd., Beijing wanwei Huitong Technology Co., Ltd. and Beijing jiaguming astronomy Development Co., Ltd. all hold 4.88%.

Micro loan network is an online loan platform focusing on automobile mortgage loan service, which was established in 2011. On November 15, 2018, the micro loan network was listed on the New York Stock Exchange with an opening price of $10.50/share.

On June 2, micro loan network announced to withdraw from the online loan industry. On May 27, the company released its unaudited financial statements for the fourth quarter of 2019 and the whole year of 2019 as of December 31, 2019. According to the financial report, in 2019, the micro loan network achieved revenue of 3.358 billion yuan, a year-on-year decrease of 14.2%; net profit of 263 million yuan, a year-on-year decrease of 56%.

According to the official website, Yangquan City Credit Union, the predecessor of Yangquan City Commercial Bank, was first born in 1985. In January 2002, Yangquan city credit cooperatives completed the restructuring of single legal person cooperatives by the merger and reorganization of four legal person cooperatives. The legal person status of the original four city credit cooperatives was cancelled, and a single legal person system and joint-stock economic city credit cooperatives were established with 12 business departments. On January 26, 2007, Yangquan commercial bank was approved by China Banking Regulatory Commission to be established. On June 29, 2007, the first meeting of the first general meeting of Yangquan commercial bank and the first general meeting of shareholders was successfully held. On September 19, 2007, Yangquan commercial bank was officially established.