Author | Jia Junhui
Editor | Zeng Fang
Picture source | Tu Chong
On July 14, 21 Century Economic Report reporter noticed that a WeChat chat record circulating on the Internet showed, " Guangdong Huaxing Bank cannot be taken "I have paid for it" because "several Huaxing friends said that 90% of Huaxing's funds went into real estate and cannot be recovered."
The above-mentioned chat record also shows, "Many of these small rural commercial banks involved in real estate have problems. Offline outlets are being renovated and maintained, and online app systems are maintained. They just won't withdraw money." The accompanying picture in the chat record shows Huaxing Bank in Shenzhen Futian branch is under renovation.
In response, Huaxing Bank issued a statement on the same day to refute the rumors, saying that the false information about the bank that appeared on the website was malicious rumors. The bank has reported the case to the public security organs and will pursue the legal responsibilities of the relevant entities in accordance with the law.
At the same time, Huaxing Bank stated that its operations and management activities are all normal and its business development is in good condition. It strictly abides by national financial policies and takes supporting the development of the real economy and providing good services to customers as its responsibility. It has developed steadily and has good quality and efficiency. We sincerely thank all sectors of society and customers for their support.
At the same time, people close to financial supervision also made it clear that the content of the above chat records of was "fake" and said, "Guangdong City Commercial Bank, there is really no need to worry."
Public information shows that Huaxing Bank is a mixed-ownership commercial bank innovatively established in August 2011 in accordance with the law. It has a registered capital of 8 billion yuan and is registered in the Shantou Special Economic Zone. At present, 10 first-level branches have been established in Guangzhou, Shenzhen, Foshan, Dongguan, Shantou, Jiangmen, Zhuhai, Huizhou, Zhongshan, and Zhaoqing.
According to the latest annual report, Huaxing Bank achieved operating income of 9.12 billion yuan last year, a year-on-year increase of 23.6%, and net profit increased by 40.4% year-on-year to 3.13 billion yuan. As of the end of last year, the bank's total assets were approximately 374.42 billion yuan, an increase of 13.4% from the beginning of the year. In terms of asset quality, as of the end of last year, the bank's non-performing loan rate was 0.89%, an increase of 0.14 percentage points from the beginning of the year, and the provision rate also dropped to 303%, maintaining good risk compensation capabilities.
Editor of this issue Liu Xueying Intern Lin Xiying
