Business requirements and regulatory requirements drive the large-scale capital increase of Jinzu Company in succession.

Recently, the Yunnan Financial Regulatory Bureau approved the increase of registered capital of Huaxia Jinzu by 30 billion yuan through the capitalization of undistributed profits, bringing the total registered capital of the company to 130 billion yuan. Earlier, CITIC Jinzu also increased its registered capital by 30 billion yuan through the capitalization of undistributed profits, while its parent company CITIC Bank increased the registered capital by 30 billion yuan in cash. After the increase, the registered capital of CITIC Jinzu changed to 100 billion yuan. According to statistics from Securities Times, a total of 7 Jinzu companies have been approved for capital increase in 2024; since the beginning of this year, 3 Jinzu companies have been approved for increasing their registered capital, with Zhejiang Yin Jinzu and Tianfu Jinzu also working on expanding their capital. Currently, there are a total of 66 Jinzu companies in China, of which 15 have assets over a hundred billion yuan. Except for Huarong Jinzu, the rest of the Jinzu companies are controlled by banks.