Jiangxi Rural Commercial United Bank Approved to Invest in 19 Rural Commercial Banks Including Shangrao and Guangxin, Total Investment Not Exceeding 2.20475 Billion Yuan

Deep News12-16

On December 16, the Jiangxi Financial Regulatory Bureau issued an approval for Jiangxi Rural Commercial United Bank Co., Ltd. to invest in 19 rural commercial banks, including Shangrao and Guangxin. The total investment amount will not exceed 2.20475 billion yuan, with each stake being no less than 5%.

The breakdown of investments is as follows: - Shangrao Rural Commercial Bank: up to 390.87 million yuan, with a maximum stake of 32.76%. - Guangxin Rural Commercial Bank: up to 214.53 million yuan, with a maximum stake of 24.97%. - Guangfeng Rural Commercial Bank: up to 198.72 million yuan, with a maximum stake of 32.86%. - Yushan Rural Commercial Bank: up to 107.41 million yuan, with a maximum stake of 22.26%. - Hengfeng Rural Commercial Bank: up to 106.38 million yuan, with a maximum stake of 34.22%. - Yiyang Rural Commercial Bank: up to 14.89 million yuan, with a maximum stake of 5.08%. - Yugan Rural Commercial Bank: up to 106.15 million yuan, with a maximum stake of 20.39%. - Dexing Rural Commercial Bank: up to 183.25 million yuan, with a maximum stake of 33.78%. - Ganchang Rural Commercial Bank: up to 303.92 million yuan, with a maximum stake of 17.17%. - Anyi Rural Commercial Bank: up to 27.06 million yuan, with a maximum stake of 5.11%. - Pingxiang Rural Commercial Bank: up to 161.20 million yuan, with a maximum stake of 10.95%. - Luxi Rural Commercial Bank: up to 17.63 million yuan, with a maximum stake of 5.16%. - Xinjian Rural Commercial Bank: up to 117.11 million yuan, with a maximum stake of 12.63%. - Shangli Rural Commercial Bank: up to 45.06 million yuan, with a maximum stake of 10.03%. - Lianhua Rural Commercial Bank: up to 13.87 million yuan, with a maximum stake of 5.40%. - Poyang Rural Commercial Bank: up to 34.94 million yuan, with a maximum stake of 7.53%. - Wannian Rural Commercial Bank: up to 16.80 million yuan, with a maximum stake of 5.67%. - Qianshan Rural Commercial Bank: up to 77.07 million yuan, with a maximum stake of 19.90%. - Wuyuan Rural Commercial Bank: up to 67.89 million yuan, with a maximum stake of 20.24%.

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