Bank of Beijing has pre-disclosed on the Beijing Equity Exchange its intention to transfer all 20.4 million shares it holds in Yunnan Malong Beiyin Village Bank, representing 51% of the total equity. The transfer price has not yet been announced. Established in June 2017, Yunnan Malong Beiyin Village Bank is the first village bank initiated by Bank of Beijing in Yunnan Province. As of the first half of 2026, its total assets stood at 343 million yuan, with net assets of 41.84 million yuan. From January to June, it achieved operating revenue of 6.11 million yuan and a net profit of 94,000 yuan. Previously, on June 30, 2026, Bank of Beijing held a board meeting and passed a resolution to dispose of this village bank, while also approving the acquisition of Yantai Fushan Zhujiang Village Bank and the establishment of a branch network. This marks the entry of the bank's village bank reform into a phase of refined and differentiated implementation. According to Bank of Beijing's first-quarter 2026 report, the bank's total assets reached 4.95 trillion yuan, with operating revenue for the period of 19.6 billion yuan, up 14.43% year-on-year. The non-performing loan ratio was 1.32%, and the provision coverage ratio was 198.04%.
Bank of Beijing Co LtdBank of Beijing is divesting a small, unprofitable village bank stake, which is a capital management move; the impact is neutral to slightly positive as it streamlines operations, but the financial effect is minimal.
Yunnan Malong Beiyin Village Bank's majority owner is selling its entire stake, indicating potential lack of support or poor performance; the bank's low profitability (net profit 94,000 yuan) suggests challenges.
Bank of Beijing approved the acquisition of Yantai Fushan Zhujiang Village Bank, which could expand its network and operations, potentially positive for the acquired entity.