On September 30th, official website, the China Banking Regulatory Commission (CBRC) announced that it agreed to establish Sichuan Weipin Fubon Consumer Finance Co., Ltd. in Chengdu by Vipshop (China) Co., Ltd.
The CBRC also announced the Reply on the Establishment of Yin Sukaiji Consumer Finance Co., Ltd., and agreed that Jiangsu Bank Co., Ltd. (hereinafter referred to as "Jiangsu Bank") should establish Yin Sukaiji Consumer Finance Co., Ltd. in Kunshan City, Jiangsu Province.
Market prospect is the main reason why institutions have joined the consumer finance industry.
Jiangsu Bank has been preparing to eliminate gold for more than three years.
On September 30th, China Banking Regulatory Commission announced that it agreed to set up Yin Su KGI Consumer Finance Co., Ltd. in Kunshan City, Jiangsu Province. The reply stated that Jiangsu Bank should review the qualifications of shareholders and handle the preparatory work in strict accordance with the requirements of relevant laws and regulations, and complete the preparatory work within 6 months from the date of approval.
Previously, the A-share listed Internet company "2345" (002 195. SZ) disclosed in the semi-annual report in 2020 that Jiangsu Yinkaiji Consumer Finance Co., Ltd. (to be established) was jointly initiated with Jiangsu Bank, KGI Commercial Bank and Blue Ocean House, with a planned registered capital of 600 million yuan and a contribution of 2345 yuan of 54 million yuan, accounting for 9%.
The annual report shows that the performance in the first half of 2345 was not satisfactory, with revenue of 652 million yuan, down 63.76% year-on-year; The net profit was 209 million yuan, down 67.59% year-on-year; Deducting non-net profit was 654.38+73 billion yuan, down 72.00% year-on-year.
In this regard, 2345 said that the decline in performance was "due to the adjustment of financial technology services in 20 19, and the cessation of providing new consumer financial services to individual customers in the second quarter of that year, as well as the slowdown in the growth rate of Internet users in China, the reduction of Internet dividends and the impact of the COVID-19 epidemic."
2345 means that the development goal of the new strategy will gradually return to the development direction of technology-driven innovation.
It is reported that the company started wading into financial technology services as early as 20 14, and cooperated with BOC Consumer Finance to launch the online credit platform "Online Free Loan", which is the earliest microfinance platform in the consumer finance market. In the same year, the cash loan product "2345 Loan King" was launched one after another, and engaged in microfinance services.
According to the agreement, Jiangsu Bank plans to invest 300.6 million yuan with its own funds to jointly establish Jiangsu Suyin Kaiji Consumer Finance Co., Ltd. with KGI Bank, 2345 and Blue Ocean House. The investment ratio of Jiangsu Bank Company to consumer finance companies is 5,065,438+0%, KGI Commercial Bank is 33.4%, and Blue Ocean is 7.5%.
With regard to advantages, Qin Shen, Consumer Finance and Credit Card Center of Jiangsu Bank, said that Jiangsu Bank applied mobile financial platform, big data and cloud technology to consumer finance, relying on online and offline integration, relying on offline direct sales team and expert decision-making model, and based on business technology integration, it promoted the standardization and informationization of mobile customer acquisition business model innovation.
Vipshop will unexpectedly settle in Chengdu.
In addition to e-commerce giants such as Suning and Haier, Xiaojin Circuit has ushered in a new e-commerce player-Vipshop.
On September 30th, the Reply of China Banking Regulatory Commission on the Establishment of Sichuan Weipin Fubang Consumer Finance Co., Ltd. stated that Vipshop should review the qualifications of shareholders and handle the preparatory work in strict accordance with the requirements of relevant laws and regulations, and complete the preparatory work within 6 months from the date of approval.
/kloc-In September of 0/7, Ant Group was approved by the Banking Insurance Regulatory Bureau to establish Chongqing Ant Consumer Finance Co., Ltd. in Chongqing.
Some media said that JD.com is also actively applying for a consumer finance license in Beijing, and the e-commerce layout of consumer finance seems to be standard.
In fact, Vipshop proposed to set up a consumer finance company as early as 20 18.
Yang Dongwei, CFO of Vipshop at that time, believed that more than 80% users of Vipshop were women, which brought huge traffic and data advantages, especially conducive to the development of consumption stages.
In the second quarter of 2020, the financial report showed that the revenue of Vipshop was 24 1 100 million yuan, and the net profit attributable to shareholders of listed companies was153.6 million yuan, which maintained a sustained profit and was higher than the market expectation, and realized a continuous profit of 3 1 quarter.
Zhang, a senior researcher at Yingcan Consulting, believes that "consumer finance companies are more valuable to the Vipshop license for personal loans. If Vipshop and Fubon Financial Holdings are allowed to set up consumer finance companies, it will bring new business opportunities to both parties. "
However, the financial report of Vipshop shows that CFO Yang will resign from Vipshop on June 5438+065438+ 10 for personal reasons. The board of directors has appointed Yang Weixin as a non-executive director, and his position change will take effect at the same time.
It is understood that Fubon Financial Holdings and Vipshop will cooperate to apply for a consumer finance license. On September 18 and 19, Fubon Financial Holdings, the parent group of Fubon Huayi Bank, announced that it planned to participate in the establishment of a consumer finance company with a total investment of 654.38+25 million yuan, accounting for 25% of the shares, in order to promote Fubon Huayi Bank to expand its personal business and accumulate experience in internet finance.
According to industry insiders, Fubon Financial Holdings cooperates with Vipshop because its banking industry has rich experience in consumer finance and can transplant technology; There must be a scene to engage in consumer finance, and partners are very important.