Shanxi Merchants Bank: plans to invest 730 million Chinese yuan in Shanxi Merchants Consumer Finance.

date
22/06/2026
Jinshang Bank issued a disclosure transaction notice, and on June 18, 2026, signed a stock subscription agreement with Jinshang Consumer Finance Co., Ltd., intending to subscribe to 500 million newly issued shares of Jinshang Consumer Finance at a price of RMB 730 million, with a subscription price of RMB 1.46 per share. After this capital injection, the registered capital of Jinshang Consumer Finance will increase from RMB 500 million to RMB 1 billion, Jinshang Bank's shareholding ratio will increase from 40% to 70%, and Jinshang Consumer Finance will become its subsidiary and be included in the consolidated financial statements.