2010 At the end, Beijing completed a 13.4 billion yuan of agricultural businesses to increase their investment, the old shareholders of the original seven and three new shareholders to the price of 3 yuan per share in a capital increase.
the capital increase, new and old shareholders the same price, seven more than the original holders of 100,000,000 shares of the old shareholders to participate in a capital increase. After the capital increase, the Beijing State-owned capital management center and the Beijing State-owned Assets Management Company's ownership percentage in excess of 10%. The former holding 25%, the latter holding 15%. This is a major breakthrough in the existing rules. According to China Banking Regulatory Commission in 2008 published
new shareholders came from Guangdong in the Pearl River real estate development group to fund the 3.0 billion accounts for 10 million shares.
be introduced before the Beijing Rural Commercial equity of 50 million shares, the net assets of 1.55 yuan per share, for a total of 82 million. The capital increase of 3 yuan per share, 4.47 billion shares (capital increase to 95 million shares after the equity), attracting 13.4 billion yuan, of which 1 / 3 into the net assets, capital adequacy rate of 10% to 14%; other 2 / 3 (or 89 million) is used to dispose of bad assets, the future recovery of the funds into the capital reserve. After the divestiture, the bank reduced the negative rate of 7% to 5% or less, provided 110% coverage.
private equity firm Carlyle also conducted in-depth Beijing Agriculture negotiations and are ready to invest 10 billion yuan fund, holding less than 5%. Prior to that, although there Bohai Industrial Investment Fund, 7% of commercial banks in Chengdu, Mianyang, CITIC Industrial Fund invests 10% of Dalian firm precedent, but on the PE stake in Bank of China Banking Regulatory Commission to throw caution, that the PE does not have the legal personality of investment banking business, so Beijing Rural Commercial withdrawal of the original program.
Beijing Rural Commercial was established in 2005, is now the country's largest agricultural firms assets. June 2006, Beijing Rural Commercial Bank has received 24.2 billion issued special notes, for replacement of non-performing loans.
2010 by the end of agricultural businesses in Beijing more than 3300 billion yuan of total assets, deposits of more than 300 billion yuan, nearly 140 billion yuan loans, the balance of 3.0 billion profit before provisions and net income is less than 10 billion yuan. Currently, the bank has 2.8 million individual shareholders, about 360 corporate shareholders, in order to meet the requirements of the A-share listed shareholders need to be adjusted. And has 85,000 shareholders of Chongqing farmers selected the Hong Kong-listed firm.
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