Bank of Nanjing: Proposed acquisition of controlling stake in Suning Consumer Finance Co., Ltd._ Oriental Fortune Net

January 17,Bank of NanjingIssue Board ResolutionsannouncementSupplementary announcement to acquire a controlling stake in Suning Consumer Finance Co., Ltd.

According to the announcement, as of now,Bank of NanjingHolds a 15% stake in Suning Consumer Finance Co., Ltd.Suning Online MarketGroup Co., Ltd. holds 49% of the shares of Suning Xiaojin, Xiansheng Zaikang Jiangsu Pharmaceutical Co., Ltd. holds 16% of the shares of Suning Xiaojin, BNP PARIBAS PERSONAL FINANCE holds 15% of the shares of Suning Xiaojin, Jiangsu Yanghe Distillery Co., Ltd. holds a 5% stake in Suning Xiaojin.

According to public information, as of June 30, 2021, Suning Consumer Finance had a registered capital of 600 million yuan and total assets of 1.115 billion yuan.shareholderEquity of 537 million yuan; realized in the first half of 2021Operating income106 million yuan,net profit-0.34 billion yuan.

　　Bank of NanjingSaid that as of June 30, 2021, Suning Consumer Gold’s total assets accounted for 0.07% of the company’s total assets, and shareholders’ equity accounted for 0.47%; in the first half of 2021, Suning Consumer Gold’s operating income accounted for 0.52% of the company’s operating income %, and the proportion of net profit is -0.40%. If the follow-up acquisition is successful, the acquisition will have little impact on the company’s operating conditions and will not have a significant impact on the company’s operating results.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

Responsible editor: 73

Original title: Bank of Nanjing: Proposed acquisition of controlling stake in Suning Consumer Finance Co., Ltd.