Before the change of the board of directors with extended service, the number of shares held by China Minsheng Banking Corp's major shareholders was still changing.

Information from the Hong Kong Stock Exchange shows that Liu Yonghao, the head of New Hope, has increased his holdings in nearly 12 million China Minsheng Banking Corp H shares on July 17 and 20. This is the 33rd increase in his holdings since last November.

So far, the shareholding of "Hope system" represented by Liu Yonghao in China Minsheng Banking Corp has increased to 4.964%, less than 16 million shares from the 5% licensing line, and the number of shares is extremely close to Shi Yuzhu's "Giant system".

According to China Minsheng Banking Corp's articles of Association, shareholders who alone or collectively hold more than 3 per cent of China Minsheng Banking Corp's total number of voting shares may submit candidates for directorship to the board of directors.

A few days ago, the qualification of Gao Yingxin, the new chairman of China Minsheng Banking Corp, has been approved by the Banking and Insurance Regulatory Commission. It is widely expected that the change of the eighth board of directors of the bank will be put on the agenda as soon as possible.

Liu Yonghao stepped in to increase his holdings for 33 times in a row.

Liu Yonghao added a total of 11.997 million shares of China Minsheng Banking Corp H shares on July 17 and 20, at a cost of 59.6609 million Hong Kong dollars (53.66 million yuan), according to the Hong Kong Stock Exchange.

So far, since November last year, Liu Yonghao has personally increased his stake in China Minsheng Banking Corp to 145 million shares in the Hong Kong stock market for 33 consecutive times, at a total cost of 802 million Hong Kong dollars (about 721 million yuan), with an average price of about 5.51 Hong Kong dollars per share.

So far, the "hope system" represented by Liu Yonghao has increased its stake in China Minsheng Banking Corp to about 2.174 billion shares, accounting for 4.964 per cent of the bank's total share capital, less than 16 million shares short of the 5 per cent listing line.

Specifically, "Hope Department" 's shareholding in China Minsheng Banking Corp consists of four parts: 1.828 billion A shares held by New Hope Liuhe Investment, 102 million A shares held by Southern Hope Industry, 97.388 million H shares held by Southern Hope Industry, and 145 million H shares held by Liu Yonghao personally.

It is worth noting that in the process of increasing Liu Yonghao's personal holdings, the number of shares actually controlled by the "Hope Department" has gradually approached Shi Yuzhu's "Giant system". China Minsheng Banking Corp announced last November that the giant that Shi Yuzhu actually controls holds 4.97 per cent of the shares in the bank.

In addition to the "Department of Hope", a number of China Minsheng Banking Corp shareholders have also increased their holdings since last year:

1. According to the annual report, Chongqing Trust's controlling shareholder, together with Fang Guoxin and its actors, increased their holdings of 677 million shares of China Minsheng Banking Corp A shares last year (concentrated in the second half of the year), rising to 4.58 per cent from 3.05 per cent at the beginning of the year.

2. According to the financial report, the China Shipowners Mutual Insurance Association bought about 10 million China Minsheng Banking Corp A shares in the third quarter of last year, rising slightly to 3.02%.

3. The announcement of related party transactions shows that the combined shareholding of Fuxin Group and its substantial affiliated enterprises has increased to 1.77% from 1.59% at the beginning of last year.

Up to now, the main shareholders of China Minsheng Banking Corp include: everyone Life, Dongfang (the real controller Zhang Hongwei, acting in concert with Huaxia Life), Pan-oceanic (real controller Lu Zhiqiang), Giant (real controller Shi Yuzhu), Hope (real controller Liu Yonghao), Tongfang Guoxin, China Shipowners Mutual Insurance Association, Fuxin Group.

Among them, Huaxia Life Insurance has been taken over a few days ago. In response, China Minsheng Banking Corp announced that the above matters have no significant adverse impact on the normal operation of the company, "will pay attention to the progress of the incident, and timely implementation of information disclosure obligations."

Bank shareholders and senior executives increase and decrease their holdings frequently

In fact, in addition to Liu Yonghao, a number of shareholders and senior executives of listed banks have stepped in to increase their holdings since July this year, including:

On July 17, Liu Xinyi, the proposed director of Pudong Development Bank, increased his holdings of 56000 shares in the bank with his own funds, at a cost of nearly 630000 yuan.

Xu Jiayin, an Evergrande group, paid HK $767 million over the counter to buy nearly 160 million H shares of Bohai Bank, accounting for 5.55 per cent of the latter's outstanding H shares. It was also the first day for Bohai Bank to be listed in Hong Kong.

From July 10 to 16, Pan Weidong, president of Pudong Bank, and four vice presidents increased their holdings in 314900 A shares of the bank, at a total cost of about 3.6 million yuan. This is also the third year in a row that the bank's senior management has increased its holdings.

On July 10, information from the Hong Kong Stock Exchange showed that UBS increased its stake in China Merchants Bank H shares by 1.029 million shares that day, at a cost of about HK $40.36 million.

According to HKEx information on July 9, Jialong Investment Group increased its stake in about 149 million H shares of Gansu Bank through the brokerage asset management program, at a total cost of about HK $157 million.

On July 2, the Bank of Chengdu announced that Chengdu ICIC had increased its holdings of 12400 shares on the same day. After the completion of the increase, the proportion of assets held by Chengdu Industrial Investment Fund rose to 5%.

At the same time, the rise in the banking sector in early July prompted some bank shareholders to issue plans to reduce their holdings or to complete substantial reduction actions, including:

From July 2 to 15, the Social Security Foundation, through entrusted securities companies, reduced its holdings of about 395 million A-shares of BoCom by collective bidding, cashing out a total of 2.163 billion yuan.

On July 13, Jiangsu Lianjia assets, a shareholder of Zhangjiagang Bank, planned to reduce its holdings of 5 million shares in the bank by collective bidding based on the needs of business development.

On July 10th, Youngor Group, the third largest shareholder of Ningbo Bank, planned to reduce its holdings of no more than 120 million shares by centralized bidding within six months to meet the needs of its own strategic arrangements.

MingyuanGroupInvestmentLimited, a shareholder of Guizhou Bank, sold 140 million shares in bulk trading on the same day, cashing out HK $347 million, according to information from the Hong Kong Stock Exchange.

Hong Kong Ruijia Trading, a shareholder of the Bank of Gansu, sold 142 million shares of the bank over the counter, cashing out HK $149 million, according to the Hong Kong Stock Exchange.

On July 7, information from the Hong Kong Stock Exchange showed that Postal Savings Bank of China had reduced his holdings of about 21.902 million shares by JPMorgan Chase & Co, cashing out about HK $105 million.

On July 7, Shagang Group, a shareholder of Zhangjiagang Bank, planned to reduce its holdings of no more than 29.5 million shares due to the adjustment of its investment structure.

On July 7, Wang Chunliang, vice president of Sunong Bank, planned to reduce his holdings of no more than 114900 shares because of his personal financial needs.

On July 3, information from the Hong Kong Stock Exchange showed that Luzhou Liquor Golden Triangle Liquor, a shareholder of Luzhou Bank, reduced its holdings by 10 million shares on the day, cashing out HK $32.5 million.