Enlight Media: It plans to invest 396 million yuan to participate in the establishment of Zhongguancun Bank

on the evening of November 17, 11 listed companies, including Light Media, user Network, and Bizhui, issued announcements to participate in the preparation for the establishment of Beijing Zhongguancun Bank, and at the same time announced the core information of Beijing Zhongguancun Bank's ownership structure, registered capital, and place of registration.

original title: 11 listed companies, including Yuyou Network and Light Media, plan to participate in the preparation for the establishment of Zhongguancun Bank

on the evening of November 17, 11 listed companies, including Light Media, Youyou Network, and Bishui, issued announcements to participate in the preparation for the establishment of Beijing Zhongguancun Bank, and at the same time announced the core information of Beijing Zhongguancun Bank's ownership structure, registered capital, and place of registration. The registered capital of Zhongguancun Bank is about 4 billion yuan. If the establishment of Zhongguancun Bank is approved by relevant departments, it is expected to become the fourth private bank to be established this year after Hunan Sanxiang Bank, Chongqing Fumin Bank and Sichuan Hope Bank.

the announcement shows that Beijing Zhongguancun Bank Co., Ltd. is jointly established by 11 listed companies with a registered capital of 4 billion yuan and is registered in Haidian District, Beijing.

Yuyou Network is currently the largest shareholder, with a capital contribution of 1.192 billion yuan, accounting for 29.80% of the shares of Beijing Zhongguancun Bank after its establishment. Bishui, Light Media and Oriental Garden contributed 1.08 billion yuan, 396 million yuan and 396 million yuan respectively, ranking second and third shareholders, with a shareholding ratio of 27%, 9.9% and 9.9%, respectively. Donghua Software also owns more than 5% of the shares. In addition, other shareholders are Huasheng Tiancheng, Oriental Yuhong, Meitaino, Dinghan Technology, Xuan Ji Information, Hengtai Aipu.

the announcement shows that the business purpose set by Zhongguancun Bank is mainly for small and medium-sized enterprises and individuals with scientific and technological innovation, driven by advanced information technology such as mobile Internet, big data, cloud computing, artificial intelligence and so on. through business model and product innovation, connect all kinds of financial and business ecological partners, and continue to provide customers with mobile, personalized, convenient, intelligent and efficient financial services. We will create a comprehensive service platform for science and technology finance that leads the future trend, support and promote the growth of scientific and technological innovative small and medium-sized enterprises and entrepreneurs, and practice inclusive finance in depth. It has gradually developed into a leading open ecological bank with global influence in China.

these listed companies all said that the investment is expected to have an impact on the company's annual operating results in the future, and the amount of the impact on the company's operating performance is subject to the audited data. This investment does not harm the interests of listed companies and shareholders. This foreign investment to participate in the establishment of Beijing Zhongguancun Bank, at a historical moment when financial reform promotes the development of private banks, private banks are facing huge development opportunities and good prospects. Zhongguancun area is rich in scientific and technological innovation resources, high-tech enterprises gather, and the establishment of Beijing Zhongguancun Bank is conducive to making full use of the company's customer resources for many years, combined with the development prospects of the enterprise Internet, to establish an integrated service platform for industry and finance.

in fact, this is not the first time to set up Zhongguancun Bank. As early as August 2013, Zhongguancun Bank began to prepare the application. At that time, the Zhongguancun Management Committee issued the "opinions on supporting the Development of Zhongguancun Internet Financial Industry", including supporting Zhongguancun enterprises to initiate the establishment of Zhongguancun Bank. The Zhongguancun Administrative Committee defines it as a science and technology bank and an Internet bank, a private bank initiated and participated by many private capital and at its own risk.

Edit: yvette