Wu Wenting of Leju Finance On July 4, Yibin Commercial Bank Co., Ltd. (hereinafter referred to as “Yibin Commercial Bank”) recently submitted a prospectus on the Hong Kong Stock Exchange.
According to Leju Finance's “Pre-Review IPO” prospectus, from 2020 to 2022, Yibin Commercial Bank achieved revenue of 1,374 million yuan, 1,621 million yuan, and 1,867 million yuan respectively; net profit was 315 million yuan, 328 million yuan, and 433 million yuan respectively.
The total assets of Yibin Commercial Bank increased 20.4% from 56.888 billion yuan as of December 31, 2020 to 68.49 billion yuan as of December 31, 2021, and further increased 17.4% to 80.413 billion yuan as of December 31, 2022.
In terms of equity, the single largest shareholder of Yibin Commercial Bank is Wuliangye Group, with a shareholding ratio of 19.99%. As a leading enterprise in the liquor industry, Wuliangye Group's extensive and high-quality resource network has provided strong and long-term support for the company's development.
In addition, the company's shareholders also include local government agencies, such as the Yibin Municipal Finance Bureau, which holds 19.987 shares; the Cuiping District Finance Bureau of Yibin City holds 19.98% of the shares; and the Finance Bureau of Nanxi District of Yibin City, which holds 16.94% of the shares.
Yibin Commercial Bank is a leading urban commercial bank in Yibin City, Sichuan Province, China. As of December 31, 2022, its branch network includes 39 facilities (including 38 branches and a head office) spread across Yibin and Neijiang.
