Behind the earthquake in Shanxi Financial System: Hidden Deyu Department
Reporter/Su Jide
Send 2020.9.07 Total 963 China News Weekly
Block A, Yingbin West Street, Jinzhong City Development Zone, Shanxi Province, is a slightly old -fashioned business building.On the second floor, a white -bottomed black seal was obliquely stamped on the glass door.In the past few years, this is the base camp of the Deyu Department of the domestic and foreign capital markets: Tian Wenjun, the actual controller, has successively controlled a number of listed companies at home and abroad. One of the US stock companies has skyrocketed 45 times and shocked Wall Street.Essence
Today, after the Dragon Yue Industrial is seized, Tian Wenjun's other business territory is displayed before people: from 2013 to the present, Tian Wenjun's Deyu Enterprise has successively invested in two local urban commercial banks including Jinzhong Bank and Yangquan Commercial Bank.And at least eight local agricultural commercial banks.In the banks, the locals laughed and said he was the president.The president has a lot of energy, bringing huge bad debts to the bank, and even disrupted the Shanxi financial system.
On July 20, the official website of the Central Commission for Discipline Inspection disclosed that Zhang Anshun, the former party secretary and director of the Shanxi Supervision Bureau of the China Banking Regulatory Commission, was suspected of serious disciplinary violations and is currently undergoing disciplinary review and supervision and investigation.On July 19, the former Party Secretary and Director (Director) of the Local Finance and Administration Bureau of Shanxi Province (Provincial Government Financial Office) was investigated for serious disciplinary violations.
Not only the main person in charge of the regulatory authorities, but also 4 leaders of the Shanxi Provincial Rural Credit Cooperatives with over trillion yuanXing Liangxi, the director, Wang Zhongze, full -time deputy secretary and deputy chairman of the party committee, and Wang Zaisheng, the former deputy secretary of the party committee.
During the time when the officials of the dismissal of the horse, it was during the period of densely invested in the densely invested bank of the Dedu Department that these banks became the hematopoietic machine for its capital market.
The chaos behind the storm
As early as June of this year, some clues of the Shanxi financial industry crisis began to be revealed.
At that time, some of the reserved households withdrew the deposit storm in Yangquan Commercial Bank.After the crowded incident, in order to calm the situation as soon as possible, the local people's governments, local crowds, Bank of China Insurance Supervision Bureau, and Yangquan Commercial Bank all posted announcements.On the afternoon of June 17, some netizens posted an online video on Weibo that Huang Haitao, deputy mayor of Yangquan, told the local people that Yangquan Commercial Bank is now running normally and abundant funds.Party spirit guarantees everyone.
A personnel who had business exchanges with Yangquan Commercial Bank introduced to China News Weekly that the reason why the crowded storm occurred was related to the investigation of the then chairman Li Shuming and the president Zhao Jiantao.Since then, Yang Huixin, the chairman of the original original of Shuozhou Rural Commercial Bank, has become the new chairman of Yangquan Commercial Bank.However, Yang Huixin presided over the work and was investigated.In late June this year, Wang Zhenyun, director of the Accounting and Finance Department of the Taiyuan Center Sub -branch of the People's Bank of China, was appointed as the president of Yangquan Commercial Bank.According to the local supervisory department staff, there are still a few firefighters like Wang Zhenyun.
The predecessor of Yangquan Commercial Bank was Yangquan City Credit Cooperative. It was officially established in September 2007.The 2018 China City Commercial Bank Development Report stated that urban commercial banks carry heavy historical burdens.For example, the city commercial bank is limited to its own scale and historical background, and the degree of trust in customers is low. Once a rumor or a credit crisis occurs, a large number of customers will concentrate on the bank to withdraw cash, and the risk and liquidity risk incidents will be frequent.
Yangquan Commercial Bank's current crisis is closely related to the German Royal Department.In 2016, Yangquan Commercial Bank introduced strategic investors to speed up risk disposal.As of the end of 2016, the top four shareholders of Yangquan Commercial Bank Long Yue Industrial, Zhongmu Xingyuan (Beijing) Technology Co., Ltd., Shanxi HSBC Investment Co., Ltd., and Jinzhongxinyuan Rural Trade Co., Ltd. held 11.17 % of the equity, the fifth largest.The shareholders Yangquan Coal Industry Group holds 10.77 %, and the sixth and seventh largest shareholders Shanxi Berry Electronic Technology Co., Ltd. and Hegou Industry hold 5.59 % respectively.
The most interesting thing is that the shareholders of this capital increase are closely related to the German Royal Department, which has also completely changed the structure of the Yangquan Commercial Bank since the reorganization of the urban credit cooperative.Of the top seven major shareholders, four belonged to the Deyu Enterprise, with a total of 33.52 % of the shares.In addition to the state -owned enterprise Yangquan Coal Industry, the other two companies also closely contacted MDASH; MDash; Shanxi HSBC Investment Co., Ltd. and Zhongmei Xingyuan (Beijing) Technology Co., Ltd. were Zhao Guohao.
The former director of a Yangquan Commercial Bank told China News Weekly that the reason why Tian Wenjun was able to invest in Yangquan Commercial Bank was inseparable from Zhao Guohao's referral.Shanxi HSBC Investment Co., Ltd. entered the Yangquan Commercial Bank in 2007, and Zhao Guohao has been a bank director since then.In 2014, Eden City Business Co., Ltd. was established, and the initiative was the actual control of Zhao Guohao's actual control of China Coal Xingyuan and Deyu Lingyue Industrial.
In the past, Tian Wenjun followed Zhao Guohao. Later, Tian Wenjun started his business, and Zhao Guohao followed Tian Wenjun again.The above -mentioned directors said that after the Deyu Department entered the Yangquan Commercial Bank, the Deyu Department once wanted to change the bank management in a large area, but the regulatory authorities did not approve it.Seeking second, I arrange their own people to participate in the banking work.A address book of a commercial bank of Yangquan City showed that Zhao Guohao was the vice chairman of Yangquan Commercial Bank, and of the six directors of the Yangquan Commercial Bank, the names of Wei Kun and Li Haijiang also appeared on the list of employees of the Deyu Enterprise.
In the past, the board of directors, the board of supervisors, and the operations were divided into three powers. They were all duties.Later, it was not. The loan was also the party committee. For example, when the signing was needed, a party committee would also be held.The original shareholder of a Yangquan Commercial Bank told China News Weekly that the bank had a good business before 2014 and gave shareholders a dividend every year, but since 2015, there has been no more dividend for 5 years.
The former director told China News Weekly: When the former chairman was in office, more than 10 million loans had to go to the board of directors and who to loans to the directors. The directors were clear.The succession chairman's style changes, some of the bills are obviously unreasonable. I disagree and kick me away.
If governance is out of control, Yangquan Commercial Bank has become a withdrawal machine for the Deyu Department.According to Caixin report, as of the end of September 2019, Yangquan Commercial Bank actually actually had a non-performing assets of 5.417 billion yuan, a non-performing rate of 25.24 %, and a capacity of 16.02 %, a capital adequacy ratio of -5.52 %, and a capital gap of 5.215 billion yuan.The bank awarded 5.036 billion yuan of credit to Longyue Industrial, and the credit balances of Dongxu Group, Rindong Holdings and Huaxun Ark were 4.896 billion yuan, 6.345 billion yuan, and 1.4 billion yuan, totaling 17.677 billion yuan, which was nearly 5 billion yuan overdue nearly 5 billion yuan.Essence
Routine in the 1.5 billion yuan trust case
The financial shocks caused by the Deyu Department continued to ferment. In July of this year, the 1.5 billion yuan trust case of the Rural Commercial Bank of Shanxi Tancheng (hereinafter referred to as Tancheng Rural Commercial Bank) surfaced the water surface, which was confusing and pushed the Deyu Department to the stage.
Recently, it is learned from relevant media that the company may involve a financial loan contract dispute.On July 7, Rindong Holdings announced that after the company's prosecution from the Guangzhou Intermediate People's Court and related information involved in the company, they knew that the prosecution had passed.Rindong Holdings is the dark horse in the A -share market in recent years. Its main business covers financial sectors such as third -party payment, commercial factoring, and supply chain management.
Earlier, Tancheng Rural Commercial Bank will sue to court with seven companies and 3 natural persons including Rindong Holdings, and requires Rindong Holdings to assume a joint guarantee responsibility for the 1.5 billion yuan debt, and pay interest, value -added tax and additional approximately 1.55 1.55.55Return 100 million yuan in compensation.
The previous situation of this lawsuit is that in October 2017, Tancheng Rural Commercial Bank subscribed a trust plan set up by the great cause, with a subscription amount of 1.5 billion yuan, an expected annualized income of 8.5 %, and a term of trust one year.The asset management plan actually invested in Jinzhong Yujiayou Grain and Oil Trade Co., Ltd. (hereinafter referred to as Jinzhong Yujia) to supplement its mobile funds.The contract was signed on October 18. The next day, the Trust Trust issued 980 million yuan in the first trust loan to the Jinzhong Yujia. The second phase of trust loan was also received within a week.
Compared with the speed of the loan, the repayment road is twisted and long.After the year of the contract expired, Jinzhong Yujia did not repay on time.On October 18, 2018, Great Career Trust signed a trust contract supplementary agreement with Tancheng Rural Commercial Bank, and the term of the trust was modified from one year to two years.In December 2019, Great Career Trust signed a debt transfer and trust termination agreement with the Tancheng Rural Commercial Bank, which will enjoy the letter to Jinzhong Yujia.The principal of the trust loan was 1.5 billion yuan and the creditor's rights such as interest and liquidated damages were transferred to the Tancheng Rural Commercial Bank.
This year, the Tancheng Rural Commercial Bank issued a lawsuit to the lender and guarantor on the grounds that the Jinzhong Yujia failed to repay the principal and interest of the loan as scheduled.Among them, the listed company Rendong Holdings has issued a guarantee letter to provide a joint liability guarantee for the above -mentioned asset management plan. The guarantee letter is covered with the personal seal of Yan Wei, the former legal representative of Rindong Holdings Min Shengjinke Holdings Co., Ltd.
Regarding this lawsuit, Rindong Holdings shouted unjustly. Before learning about the lawsuit, the company did not know the above financial loan contract and guarantee matters.Or indirect holding the company, without any equity or its control relationship and transaction exchanges with the company.Rendong Holdings said in the announcement that he did not know about the matter and had reported the case to the public security organs.
In fact, when this 1.5 billion yuan trust contract occurred, the controlling shareholder of Rindong Holdings was still the Emperor Enterprise.Tianjin Hegou Technology Co., Ltd. (hereinafter referred to as Hegu Technology), which is also the defendant, was his controlling shareholder from April 2016 to March 2018, and Hutch -Pomelo technology controller was Tian Wenjun's wife Hao Jiangbo.
More importantly, the Dedu Enterprise also participated in the Tancheng Rural Commercial Bank.Hao Jiangbo Holdings Hetu Industrial Co., Ltd. holds 7.92 % of the shares of Tancheng Rural Commercial Bank.Longyue Industrial Group Co., Ltd. (hereinafter referred to as Longyue Industrial), also holds 7.5 % of Tancheng Rural Commercial Bank.Another Deyu company MDASH; MDASH; Jinzhong Jinsheng Agricultural Development Co., Ltd. still holds 9.67 % of the Tancheng Rural Commercial Bank, and the three companies hold more than 25 % of the shares of Tancheng Rural Commercial Bank.Although these three companies have no equity relationship, a list of DEICE companies obtained by China News Weekly show that these three companies are listed in them.
In this 1.5 billion yuan trust contract, Deyu Department plays three roles: lender, guarantor and borrower, which is equivalent to his own loan to himself.Since then, the Dedu Department has encountered a debt crisis. In 2018, Rindong Holdings was transferred to Rindong Group. The company's person in charge was Huo Dong, the son of Huo Qinghua, the former richest man in Inner Mongolia.In 2019, Rindong Holdings was transferred to Haidian State -owned SARS.
Listed companies control the power of drumming, and the new shareholders do not recognize the old account.According to the relevant laws and regulations, the guarantee letter is an invalid guarantee.Rendong Holdings believes that: Our company does not have all the original agreements such as all contracts and guarantee letters mentioned in the case. There are no contact or signing the above documents, and there is no relevant printing process. There are no relevant board of directors and shareholders' meeting review procedures. Independent directors have not published them without publishing independent directors.Independent opinions.
During the outbreak of the parties to the loan, the capital chain of Jinzhong Yujia had broken.China News and Weekly received a data on May 13 this year. The Jinzhong Yumhijia loan from Minsheng Bank Taiyuan Branch of 73.5 million yuan, and the monthly loan principal of 300,000 yuan is required to return the bank.The company said that due to the impact of the new crown epidemic, business difficulties, and tight funds, it has been repaid continuously in February this year.
According to the above information, Jinzhong Yujia was settled for 16.5 million yuan for the Minsheng Bank Taiyuan Sub -branch in December 2013 to solve the problem of non -performing loans for it.Today, Jinzhong Yujia requires the bank to repay the principal and corresponding interest, and the company will return loans of Minsheng Bank as required.
Road to Zhuang
The lawsuit of the Tancheng Rural Commercial Bank unveiled the typical capital operating routine of the Deyu Department: first obtain the control of the listed company, change the main business through foreign investment or mergers and acquisitions reorganization, and change the name of the listed company to change the name, which promotes the company's stock price to the sky.Deyu chooses to reduce its holdings or pledge it to get more financing.
In December 2014, the listed company Qixing Tower (now named Beixun Group) announced that Longyue Industrial acquired some of the company's equity for 880 million yuan and became the new controlling shareholder.The first listed company.
On the day of the acquisition, Qixing Iron Tower received a notice from the Xindong family to plan a major asset reorganization, and the company's stock was suspended.In July 2015, the Qixing Iron Tower announced a plan for the purchase of Beixun Telecom to acquire Beixun Telecom.Until April 2017, the acquisition finally landed, and Qixing Tower was renamed Beixun Group.In this fixed increase, Longyue Industrial subscription amount exceeds 2 billion yuan.
As follows.In December 2015, another listed company Rendong Holdings (once used Ming Honglei and Min Shengjinke) planned asset reorganization, and Hao Jiangbo became the company's actual controller.A few months later, Rindong Holdings plans to acquire some assets of 2.31 billion yuan to deploy third -party payment business and credit card consumption services.
Not only is the domestic capital market, the Deyu Department operates earlier in foreign capital markets.In 2010, under the operation of Tian Wenjun, Deyu Agriculture was listed on the US stock market, and the Deyu Department officially entered the capital market.Five years later, the steady financial finance of the Dedu Department also landed in the United States. The stock price rose from a maximum of about $ 10 to $ 465, an increase of 4500 %, and the skyrocketing market shocked Wall Street.This year, the company failed to submit the 2019 financial statements within the prescribed time, receiving a warning letter and delisting letter from Nasdaq.At present, the company needs to provide the latest information of the company audit as of the previous year as of the previous year as of June 30, 2019 to decide whether Nasdaq will continue to be listed.
Multi -line operations, everywhere for billions of dollars, where does the money from Deyu come from?Judging from the timeline, while the Deyu Department has deployed a listed company, a large number of local commercial banks have been invested in local commercial banks.
The real industry of the German Royal Department does not have much weight.Without the support of financial institutions, they cannot win several listed companies at the same time, let alone pay more money for asset reorganization.A person familiar with the Shanxi capital market told China News Weekly.
Since 2013, the Dedu Department is represented by Hetuka Industry and Longyue Industry, and has invested more than 10 local banks in Shanxi.
According to the information obtained by China News and Weekly, in April 2013, Hegou Industry subscribed for 40 million shares of Jinzhong Bank at a price of 2 yuan per share. Tian Wenjun also became a director of this commercial bank;The two shareholders of the Rural Commercial Bank purchased more than 10 % of the equity in the hands of the hands of the Rural Commercial Bank; at a price of 2 yuan per share, it obtained 20 million shares of Shouyang Rural Commercial Bank; in September 2015, the targeted fundraising work of Yuluqi Rural Commercial Bank Co., Ltd.The department's approval passed, and the registered capital changed from 400 million yuan to 800 million yuan. The DEICS enterprise subscribed for 50 million shares at a price of 1.55 yuan per share and spent 77.5 million yuan.
In addition, Longyue Industrial held a shareholders' meeting in 2014 to invest in the shares of Shanxi Shouyang Rural Commercial Bank Co., Ltd. to purchase 20 million shares of banks at a price of 2 yuan per share., 10 % of the shares.
For these small and medium -sized banks, the German Royal Department can be said to be a white knight, adding registered capital to the bank, and digesting part of the bank's bad debts.But this capital crocodile seems good, and actually sees more.After investing in the bank, the DEC Department obtained a large amount of financing through pledge bank shares, and transfusion from the DEIC company through the asset management plan.In the case of Tancheng Rural Commercial Behavior Example, in addition to the above -mentioned 1.5 billion yuan of breach of contract as the asset management plan, the Dedu Department also pledged the bank's equity in his hand.
The above -mentioned people who are familiar with the Shanxi Capital market told China News Weekly. Among the city commercial banks in Shanxi, the problem is more serious about Yangquan Commercial Bank, Bank of Jinzhong, and Changzhi Commercial Bank.
The capital operation of the German Royal Department is high and unsustainable.According to Caixin reports, Longyue Industrial has a large amount of financing risks in 2017, with a financing of 36 billion yuan.In 2017, Shanxi Province established a risk disposal team for this to introduce Dongxu Group, Rindong Group and Huaxun Ark Group to participate in the reorganization of Deuku debt.By the end of September 2019, Longyue Industrial's financing was suppressed to 11.714 billion yuan.
Behind the scenes, Tian Wenjun
The Dedu Department was sent from Jinzhong City, Shanxi Province. The actual controller Tian Wenjun was good at capital operation.According to the information obtained by China News and Weekly, including Longyue Industrial, Hehutu Industry, Jinzhong Yujia, etc. mentioned above, the Deyu Department has controlled at least 20 companies, more than half of which are agricultural companies.
As the initiator of the company, Tian Wenjun transferred his equity to company employees and relatives, which is a typical characteristic of the Deyu Enterprise.For example, Hao Jiangbo, the wife of Tian Wenjun, the actual control of the Pomelo Industry.The natural person shareholders of Long Yue Industrial include Zhao Jing and Zhao Peilin, and the employee watch of the Deyu Enterprise shows that Zhao Jing 2In 003, she entered the work of the Dutu Department. She was responsible for the printing and school pairing of various types of texts in the company in the guarantee company of the Deyu Department.Zhao Peilin is also an employee of the Emperor Emperor.
Tian Wenjun is low -key, and there is not much public information about him.After the executives of the Bank of Jinzhong were investigated this year, after Tian Wenjun's company was seized, many local people in Jinzhong knew that there was such a character.
According to an article in December 2012, Jinzhong Information Network introduced that Tian Wenjun grew up in a university teacher family in Jinzhong City. In 2006, he found that there was huge business opportunities in agricultural and sideline products in the market research, so he led a young team to start starting a business to start a business.This is the later Deyu Agriculture.The Beijing News quoted a local authoritative source of Jinzhong, saying that Deyu's predecessor also started with coal, and later did agriculture.
Around 2010, Tian Wenjun successively completed the integration of Zhang Junde's Jinzhongde Royal Agricultural Trade Co., Ltd., Ren Yongqing's Jinzhongcheng Food and Oil Trade Co., Ltd. and Jinzhong Yujia.Through simple enterprise bundles, Deyu Agriculture claims to create a new business model. From procurement, processing to sales, Deyu Agriculture has opened up the entire industrial chain.Tian Wenjun was also able to lead Deyu Agriculture to knock on the bell in Nasdaq, becoming the first company in Shanxi Province to land in the overseas capital market.
Looking at it now, Tian Wenjun's capital operation routine is relatively advanced.In 2011, SoftBank Capital injected 25 million yuan into Deyu Agriculture, becoming the second largest shareholder holding 35.71 %.In 2012, De Yufang, a subsidiary of Deyu Agriculture, held a Hong Kong financing launch conference at the Mandarin Oriental Hotel in Hong Kong.Yan Feng, chairman of Guotai Junan, Hong Kong, and Tian Wenjun, chairman of Deyufang, signed a letter of intent to financing.According to the draft, the participation of Guotai Junan will accelerate the landing of Deyufang's global capital market in Hong Kong.
At the economic work and rural work conference in Yuci District, Jinzhong City in 2013, the leaders of Yuci District mentioned Deyu Agriculture.He called on enterprises to learn to follow the role and summarize the experience and practices of Dedu Agricultural Capital operation and the listing of groups.Essence
However, under these industrial coats, Tian Wenjun's core main business has always been in the financial field.Zhang Junde and Ren Yongqing, who used to be partners, set up a new agricultural company after the establishment of Deyu Agriculture.The management staff of Zhang Junde and Ren Yongqing told China News Weekly that the company has nothing to do with Tian Wenjun.One of the persons in charge said: Tian Wenjun acquired Jinzhong Deyu Agricultural Trade Co., Ltd. at that time. The main body of our current company is Shanxi Deyu Agricultural Trade Co., Ltd., which is two completely different companies.
In fact, the earliest establishment of the Deyu Department is Shanxi Dongsheng Auction Co., Ltd., which is one of the earliest auction institutions in China.Shanxi Dongsheng Auction Co., Ltd. used to be the Yuci Auction Market. It was established in August 1998. It is reviewed and approved by the Shanxi Provincial Department of Trade.It was not until 2004 that the entry restrictions on the Chinese auction industry were fully released.
In 2006, Tian Wenjun established Shanxi Dongsheng Financing Sales Co., Ltd. to engage in private lending.The Beijing News quoted the founder of Shanxi private financial institutions: After the coal industry declined in 2013, the Shanxi economy encountered great difficulties. It is very difficult for private enterprises to financing loans.Leasing, small loan, pawn, etc.In Jinzhong, especially Yuci.
With the increase of folk financing demand, this company has become an important platform for the German and Royal Department, and it is also the core company of the monster stocks.However, Tian Wenjun's civil guarantee business is not ideal.According to the information obtained by China News Weekly, in 2008, Dongsheng's guarantee revenue was 570,000 yuan, with a loss of 1.33 million yuan; in 2013, the company's revenue was about 5.8 million yuan and the profit was 1 million yuan.
How to break the situation after the risk broke out
As early as 2017, the debt risks of the Deyu enterprise had erupted. Shanxi Province established a leading group of large debt financing risk disposal to introduce Dongxu Group and other debts.According to Caixin reports, the newly introduced three companies also had a debt crisis, and they were stuck with small and medium -sized banks in Shanxi. For example, Dongxu Group loaned 20 billion yuan in Shanxi Province, involving 57 small and medium -sized banking institutions, and almost all of the breach of contract so far.
A few years ago, some companies have invested in some small and medium -sized banks through some means. The more typical one is LSquo; Tomorrow is RSQUO; controlling a number of banks including the contractor bank.Dong Ximiao, chief researcher at Zhailian Financial, told China News Weekly.
Dong Ximiao believes that in recent years, the business model of financial holding groups has continued to appear, which is also one of the reasons for the increase in the number of violations of law -related transactions. Some private capital have entered the banking industry, holding small and medium -sized banks, and forming a factual financial holding group.Under this financial holding model, the hiddenness of the affiliated transactions is stronger and the risk is more conductive.
Dongxu's capital chain was broken. It was a serial incident with the Deyu Crisis, which eventually caused the lid to be unable to stop.A local financial industry observers in Shanxi believed that the local government did not resolve the previous debt risk, and had to start reorganizing several unlisted urban commercial banks in Shanxi.
From August 8th to 10th, Jincheng Bank, Jinzhong Bank, Yangquan Commercial Bank and Changzhi Bank successively announced that the plan to convene a motion on the interim shareholders' meeting on participating in the merger and reorganization or new merger.Shanxi Province bidding and bidding public service platform hangs out a bidding announcement for the service project service project service project for the reform of Shanxi City Commercial Bank Reform Insurance Working Group.Five city commercial banks are evaluated.Many Shanxi DivisionAccording to local people, Datong Bank is different from four other city commercial banks. Its controlling shareholder is the Datong government, and it is not willing to reorganize mergers.
A person in charge of the Shanxi Banking Regulatory Bureau told China News Weekly that the reorganization is currently led by the Shanxi Financial Office.EssenceA staff member of the Shanxi Provincial Finance Office told China News Weekly that the reorganization plan has been reported and has not yet been approved.
It is worth noting that many leaders of the Shanxi Provincial Rural Credit Cooperatives, Zhang Anshun, and Jinghui, who have already settled in the Shanxi Province, and Zhang Anshun and Jinghui.A large number of restructuring of the community and the time period of capital and capital increase of capital expansion.The Dedu Department also entered the local commercial bank during this time.
Dong Ximiao believes that after the restructuring of small and medium -sized banks, problems such as the equity structure still need to be optimized and the shareholders' management is not standardized.The reason is that one is that the absence of the owner has long -term existence, and inside people's control and large shareholders 'off -level problems at the same time; the second is that some bank shareholders' qualifications do not meet the regulations, and there are issues such as equity.The third is that the shareholders' capital contribution is not true. The shareholders have falsely contributed to the bank, and the source of funds is unknown. The non -ownership funds are used as the funds of the shares, and even the bank funds are used for the body circulation.
The above issues are also common in the banks 'investment banks. There are a lot of flaws and violations of regulations for equity transfer and directors' appointment in compliance.People in the Shanxi Capital Market believe that: Dedu Department has invested in so many banks, and if there is no deep background, it will not be operated at all.It is impossible for banks to not know the risks of these companies' existence. Without approval of the competent authority, no one dares to loans money.
It is necessary to combine risks prevention and control with financial anti -corruption, seriously investigate and deal with the corruption problems behind risks, and resolutely dig out and clean up the lsquo; insects in the financial sector.On June 18 this year, the Shanxi Provincial Party Committee held a financial reform work conference, and Lou Yangsheng, the secretary of the Shanxi Provincial Party Committee, said at the meeting.
In addition to the planning of the five city commercial banks to reorganize, the Shanxi Agricultural Credit System has also made great adjustments.Wang Ya, director of the Shanxi Provincial Audit Department, served as the secretary of the party committee and chairman of the Shanxi Provincial Rural Credit Cooperative (Provincial Party), and Chen Xiangyang, deputy director of the Shanxi Provincial Department of Finance, served as the Deputy Secretary of the Party Committee of the Provincial Party Committee.Rural commercial banks' restructuring and financial risk resolution has been included in one of the major reforms of the Shanxi Provincial Party Committee in 2020.
Reconstruction and danger became the keywords for the rectification of Shanxi's financial industry to enter the deep water area.After the financial anti -corruption, how to speed up the breakthrough in the Shanxi Agricultural Credit System and the City Commercial Bank System in the future is worthy of attention.
Local governments shoulder the responsibility for the risk of placing land, but the local government should not be excessive, and it is more to be resolved by the professional financial management department and the market.Dong Ximiao believes that the primary responsibility of the local government is to build a good financial ecological environment.
