In order to realize the full license plan of the financial sector, the first thing to do is to find a fulcrum, that is, to move towards the foundation of a large financial group.

The foundation of this fulcrum is the bank, and with the bank as the backing, such as securities, insurance, funds, trusts and other businesses can be injected.

However, in China, private banks are not allowed to be established, and the state firmly controls the entry threshold for banks, which is stricter than in the automobile industry.

The influence of automobiles is only a part of the wealthy people who can take out the surplus money to buy a car, but the influence of banks is deep into thousands of households, almost every family has savings in the bank, it belongs to the cornerstone industry of national stability.

So far, China's banking industry is undergoing a major surgical transformation, as evidenced by the stripping of bad debts from the five major state-owned banks and the introduction of international strategic investors to list abroad.

Overall, China's banking system is divided into three broad categories, with a decreasing hierarchy of scale from top to bottom.

The first type is the national team, headed by the five major banks of the Industrial and Commercial Bank of China, the China Construction Bank, the Agricultural Bank of China, the Bank of China and the Bank of Communications, whose outlets are all over the country and are familiar to ordinary people.

The second type is the national joint-stock commercial banks, most of which are led by directly affiliated central enterprises and belong to large banks with the nature of semi-national teams. For example, Han Hao's previous shareholding in Minsheng Bank, and the current rapid development of China Merchants Bank, Industrial Bank, etc., together to form a national joint-stock commercial bank of the 12 CPIC, they are a new force outside the five major banks.

The third category is the urban and rural credit cooperatives that originally spread across the country, which belong to the local army, and both the scale of assets and influence are limited to the local area, and the local government is their major shareholder. Even the five major banks have bad debts, not to mention the credit unions that are used as local government ATMs, and their real accounts are even more shocking. When dealing with the five major banks, the central authorities did not forget to clean up these local guerrillas, assist the local governments in writing off bad debts, and turn the urban credit cooperatives into urban commercial banks, while the rural credit cooperatives continued to serve the rural areas.

The reform of China's banking system has been carried out from top to bottom, first transforming the national teams such as the five major banks, then complying with joint-stock banks, and then sorting out and reforming urban and rural credit cooperatives, striving to restore the hematopoietic function of the banking industry. Until the overall reform of the bank is completed, such an innovation as private banking will not be considered by the state for the time being.

Even if Zhonghua Group invests more money, Han Hao will not be able to set up his own private bank.

If you want to enter the banking industry, you have to find a different way to enter the industry, just like the automobile industry.

Although Minsheng Bank is good, Han Hao is also the vice chairman of Minsheng Bank, but he only belongs to the ranks of the third largest shareholder, and has no leading power in Minsheng Bank, which has many shareholders.

In order to achieve the big goal of China Financial Holding Group, the platform of Minsheng Bank is not suitable, and Han Hao must find a new carrier.

The five major banks are not Han Hao's turn, and the 12 Taibao joint-stock banks have also formed their own spheres of influence, and if they want to make a breakthrough, they can only find it in the local guerrillas, especially the city commercial bank is a suitable target for Yin Qingxun.

First, because the city commercial banks are now small in scale and have serious bad debts, local governments urgently need to introduce strategic investors to solve the siege. Second, the state intends to relax the restrictions on urban commercial banks and allow some targets to carry out business activities across provinces and cities, so as to activate inter-bank competition. Third, the city commercial bank has a good foundation and has a wide range of local outlets. If you inject high-quality assets and improve the management mechanism, you can immediately grow and develop. Fourth, that is, the major shareholder of the city commercial bank belongs to the local government, and if the Zhonghua Group becomes a shareholder, it can bargain and form a substantial controlling position.

In addition to its own entry, Zhonghua Group will also introduce a foreign bank as a strategic investor, which is a reform path modeled after the five major state-owned banks. Of course, Han Hao's expectations will not be limited to local banks, but will build the new bank into an excellent joint-stock bank like China Merchants Bank and Industrial Bank.

Just like the auto industry, the five major state-owned banks are equivalent to the "big three", and the national joint-stock banks are equivalent to the "three small", and they are now looking for foreign joint venture partners. At almost the same starting line, the newcomers who come after them have the same opportunity to compete with them to grow and develop, and the success of Chung Wah Group in the automotive industry has proven that the same is true in the banking industry.

The major reform of China's banking industry has given new entrants a chance, and there will be no such store in this village after that. Once the five major banks are allowed to turn over and complete the industrial layout, it will be even more difficult for local banks to rush out.

Zhehai Province is a province with developed private finance, and now there are a total of 6 urban commercial banks, and 4 credit cooperatives are waiting to be upgraded to urban commercial banks, showing strong financial strength.

Deeply affected by the economic market, Dingzhou Bank, Haizhou Bank and Jiangzhou Bank belong to the top three urban commercial banks in Zhejiang Province. As a provincial capital, Jiangzhou Bank does not enjoy a corresponding status, because the five major state-owned banks gather in Jiangzhou, and their living space is not as good as that of the more remote Dingzhou and Haizhou banks.

The five major state-owned banks are led by the central government, and the local governments are the main driving force behind the local banks.

After the reform of the state's tax-sharing system, the central and local governments ate separately, and the central government took away most of the revenue, and the local government had less revenue but had no less to take care of, so they had to borrow money to find a way, which caused a financial hole in the local government. In addition, the five major state-owned banks have shifted their lending authority upwards, and local governments have turned their minds to local banks such as urban and rural credit cooperatives, which need credit support to develop economic projects and pay wages to maintain the operation of government departments, creating a major source of bad debts for local banks.

However, it is undeniable that the impact of local financial institutions in revitalizing the local economy has more advantages than disadvantages, especially in economically developed areas such as Zhejiang, where they have provided much-needed financial support for the majority of small, medium and micro enterprises as well as private lending.

In Zhehai Province, Dingzhou Bank's assets seem to be the best, and it is Yin Qingxun's number one investment target. Zhonghua Group has a production base in Dingzhou, has a good relationship with the Dingzhou Municipal Government, and also asked Han Hao to participate in the investment in the cross-sea bridge project of "steady profit and no loss". When it was learned that Zhonghua Group wanted to take a stake in a city commercial bank and was determined to build it into a national bank, the Dingzhou municipal government first threw an olive branch.

The strength of Han Hao and even the Zhonghua Group is undoubted, and the temptation of a national bank is very huge, and the Dingzhou municipal government recognizes that such a proposal is extremely feasible.

You must know that Han Hao is an authentic Haizhou person, so it is not possible to let Dingzhou go like this, and the Haizhou Municipal Government also came over, hoping that Zhonghua Group can invest in Haizhou Bank to support the construction and development of his hometown.

Because they all hope to replicate the miracle of China Merchants Bank from Zhonghua Group to the local area, and form a new banking power upstart in China. China Merchants Bank is a regional bank developed from Shekou Industrial Zone, and by 2006 it had total assets of more than 700 billion yuan, loan amount of more than 500 billion yuan, and net profit of several billion yuan. Imagine how much a big bank of this size would be a considerable pull on the local economy.

At present, even Dingzhou Bank, which is the best commercial bank in the province, has assets of only more than 50 billion yuan, which is only a fraction of the scale of the other party compared with China Merchants Bank, and it seems to have strong growth.

Jiangzhou Bank is the latest to find the target, their asset size is only in the early 30 billion, in the provincial will be the five major banks collectively encircled and suppressed, life is very difficult, is the least profitable of the three city commercial banks. However, compared with the other two banks, they have a geographical advantage, the headquarters of Zhonghua Group is in Jiangzhou, and the provincial capital city is naturally a head higher than other cities.

Secretary Bo of Jiangzhou personally approached Han Hao, hoping that he would give priority to Jiangzhou Bank and offer two preferential conditions.

First, if Han Hao takes a stake in Jiangzhou Bank, the withdrawal of state-owned shares will account for a small share, allowing Zhonghua Group to truly dominate the operation of the bank. At the same time, it intends to break the central bank's stipulation that a single major shareholder should not exceed 20% of the shares, and allow Han Hao to hold other companies to become shareholders, so as to form a de facto major shareholder status with the effect of multiple synergistic shareholders. Second, Jiangzhou will fully support the new Jiangzhou Bank to become the first batch of pilot enterprises for the reform of urban commercial banks in China, and strive to be included in the list of the first batch of urban commercial banks allowed to IPO in China by the China Securities Regulatory Commission.

As a member of the Standing Committee of the Provincial Party Committee, Bo Dongfeng made the above commitments, and Bo Dongfeng did his best for the future of Jiangzhou Bank.

How exactly will the state-owned banks be reformed?

The introduction of strategic investors by the five major central enterprises to list abroad has made a good start for CCB, which has proved to be a viable path for China's banking industry.

Then the local city commercial banks have followed the same example, introducing strategic investors to carry out shareholding system reform, enriching the bank's capital, changing the listing location, and only landing on the domestic stock market.

For this pilot, the China Securities Regulatory Commission deliberately opened a green channel, intending to select high-quality urban commercial banks nationwide to guide listing.

Whoever can take the lead in this wave of policy outlets, which city commercial bank can leave aside the large army and become a pioneer, and it is possible to break the regional confinement, become one of the national joint-stock banks, and be promoted to the second type of bank echelon.

Control is the focus of Han Hao's attention, and if Zhonghua Group wants to build a large financial system, banks must become the fulcrum cornerstone of its own control. In addition, the IPO can indeed make the city commercial banks have a qualitative improvement, which is a big dividend of the domestic policy.

Originally, Dingzhou Bank was the most popular city commercial bank in Zhejiang Province to be included in the IPO list, and they also hoped to introduce high-quality strategic investors such as Zhonghua Group to consolidate their position. However, if Han Hao switches to Jiangzhou Bank, with the influence brought by Zhonghua Group, Jiangzhou Bank will become the first choice in the province.

Inadvertently, Han Hao has become a key figure in changing the banking pattern in Zhehai Province! His choice will directly affect the ranking of new forces in the province and even in the domestic banking circles.

Based on comprehensive consideration, Han Hao finally chose Jiangzhou Bank as the investment object, because they gave him the most satisfactory conditions.

But before the two sides signed the agreement of intent, this apparently win-win operation was halted. ()

Please remember that the first domain name of this book is:. Mobile version reading URL: