Finance Association, November 8 (Reporter Peng Kefeng) Less than two days after the central bank held a symposium on foreign financial institutions, foreign banks responded positively.

On the evening of November 8, the Bank of Nanjing issued an announcement stating that from March 14, 2024 to November 7, 2024, BNP Paribas (QFII) will use its own funds to increase its shares by 1% through the Shanghai Stock Exchange trading system through centralized bidding transactions. A Financial Services Association reporter noticed that this is also the second time this year that Bank France and Pakistan have increased their holdings in the Bank of Nanjing.

The Bank of Nanjing announced that this change in equity is an increase in holdings and does not affect the proposed acquisition. The company's largest shareholder, BNP Paribas and BNP Paribas (QFII), increased their total share holdings from 17.04% to 18.04%, increasing their holdings by 1%. “The Company will continue to monitor changes in BNP Paribas and BNP Paribas (QFII) shares and promptly disclose information.”

Bank France and Pakistan have taken action for the second time in the year. Last month, the Bank of Nanjing just welcomed a new shareholder

An inquiry from the Financial Services Association revealed that in the first half of this year, Bank France and Pakistan had already carried out similar operations. On March 14, the Bank of Nanjing issued an announcement stating that recently, based on confidence in the company's future development, BNP Paribas (QFII) used its own funds to increase its holdings of 79,868,527 shares through centralized bidding transactions through the Shanghai Stock Exchange trading system from February 26, 2024 to March 13, 2024, accounting for 0.77% of the company's total share capital.

Comparatively speaking, Bank France and Pakistan clearly increased their holdings for the second time, and the capital costs were also higher. Looking at the Bank of Nanjing's stock price, since January of this year, the Bank of Nanjing has basically maintained an upward trend. Today's closing price was 10.19 yuan, while the stock price at the beginning of January was only over 6 yuan.

It is worth noting that before Bank France and Pakistan's announcement, the Bank of Nanjing had just welcomed a new “winged” shareholder. On October 10, the Bank of Nanjing issued an announcement stating that from August 23 to October 9, Dongfang Airport Group Investment Co., Ltd. used its own funds through the Shanghai Stock Exchange trading system to increase its holdings of 115.767 million shares through centralized bidding transactions, accounting for 1.09% of the company's total share capital.

According to Tianyan Research, the shareholders of Dongfang Airport Group are the Jiangsu Provincial Government State-owned Assets Supervision and Administration Committee, Nanjing Zijin Investment Group Co., Ltd., and Jiangsu Communications Holdings Co., Ltd., which hold 44%, 28.704%, and 27.296% of the shares respectively. Meanwhile, Nanjing Zijin Investment Group Co., Ltd. and Jiangsu Communications Holdings Co., Ltd. are the second and fourth largest shareholders of the Bank of Nanjing. According to the Bank of Nanjing's 2024 semi-annual report data, the two companies mentioned above each hold 12.87% and 9.99% of the shares in the Bank of Nanjing.

In addition, Jiangsu Spruce Capital Management Co., Ltd., a wholly-owned subsidiary of Jiangsu Communications Holdings Co., Ltd., also holds 4.8% of the shares in the Bank of Nanjing, ranking the fifth largest shareholder.

In the second half of the year, many banks received increases in shareholders' holdings or “protection” from directors and supervisors

A Finance Association reporter noticed that bank stocks remained strong during the year, and since the second half of the year, a number of banks have also been “protected” by shareholders with real money to increase their holdings.

On September 26, Everbright Bank issued an announcement stating that as of the disclosure date of this announcement, Everbright Group had increased its total A-share holdings by 80,619,500 shares through the Shanghai Stock Exchange system, accounting for 0.14% of the Bank's total share capital, with a cumulative increase of 249,064,790 yuan (excluding transaction fees).

On October 8, the Bank of Suzhou issued an announcement stating that China Development Group, the largest shareholder of the company, increased its total holdings of the company's shares by 14.7752 million shares through the secondary market from September 19 to October 8, accounting for 0.40% of the company's total share capital as of September 30. After this increase in holdings, the number of shares held by China Development Group was 0.448 billion shares, with a shareholding ratio of 12.20%.

In addition, some bank directors and supervisors have also taken steps to increase their bank stock holdings. On July 10, Jiangsu Jiangyin Rural Commercial Bank announced that from January 9, 2024 to July 8, 2024, some directors, supervisors, senior management and core key personnel of the company increased their holdings of 2,740,411 shares by purchasing convertible corporate bonds and transferring shares and centralized bidding from the secondary market, accounting for 0.1113% of the company's current total share capital, and the total increase amount was 10.5866 million yuan (not including transaction fees).

On September 7, the Shanghai Rural Commercial Bank issued an announcement stating that as of September 5, 2024, the company's senior management and some directors and supervisors had increased their holdings of the company's shares by 509,900 shares through centralized bidding through the Shanghai Stock Exchange trading system, with a cumulative increase of 3,457,596 yuan.