Bengang News

Since 2010, Bengang Group has actively promoted a diversified development strategy in combination with modern enterprise management models and business ideas, and has initially established a “1 + 5” sector development pattern. Among them, the financial industry is one of the relevant diversified industries that Bengang has determined to focus on. One. At present, the financial business of the Benxi Iron and Steel Group mainly involves financial companies, financial leasing, asset management, commercial banks and securities, etc. The capital management department is the group's financial sector management unit. The main operating platforms are as follows:

Benxi Iron and Steel Group Finance Co., Ltd. Benxi Iron and Steel Group Finance Co., Ltd. (referred to as the Finance Company) was opened on December 25, 2014 with the approval of the Liaoning Provincial Banking Regulatory Bureau. It is one of the financial companies of the enterprise group, with a registered capital of RMB 3 billion. The main business of the finance company is to handle deposits, loans, settlement, agency and consulting services for the members of the group. Based on this, it gradually enriches its business varieties, and increases interbank lending, entrusted loans and entrusted investments, financing leases, underwriting bonds, finance Consulting and consulting services.
Liaoning Hengyi Financial Leasing Co., Ltd. Liaoning Hengyi Financial Leasing Co., Ltd. (referred to as the financial leasing company) was established in September 2014, and now has a registered capital of 350 million US dollars, of which Benxi Iron and Steel Group Co., Ltd. holds 51%; The company holds 49% of the shares.
Financial leasing companies, based on the market functions of financial leasing and the characteristics of the operating chain, aim to provide comprehensive services (and resource allocation services) across finance, trade, investment, and professional technology. They take different forms such as direct leasing and subleasing. Carry out financial leasing business to play the role of the company in stimulating investment, stimulating and expanding domestic demand, promoting equipment circulation and economic development.
Liaoning Henderson Asset Management Corporation Liaoning Henderson Asset Management Co., Ltd. (Henderson for short) was established in March 2011 with a registered capital of 3 million yuan. The main business is the management and operation of the Group's "four types of assets" such as non-performing assets, foreign assets, incubation assets, and pre-operating assets to be withdrawn. At present, Henderson Asset Management Co., Ltd. mainly deals with non-performing assets in Bengang's external ports.
Benxi Commercial Bank Co., Ltd. (Benxi Commercial Bank) was established on April 9, 2010 with the approval of the China Banking Regulatory Commission, and was formerly known as Benxi City Credit Co., Ltd. In December 2013, with the approval of the Liaoning Provincial Banking Regulatory Bureau, Benxi Commercial Bank implemented the first capital increase and share expansion. After Benxi Steel Group and other shareholders invested in Benxi Commercial Bank, the total share capital of Benxi Commercial Bank increased to 947 million yuan, of which Bengang Group invested 13,244. 10,000 yuan, holding 94.6 million shares, accounting for 9.99% of the total share capital.
Zhongtian Securities Zhongtian Securities Co., Ltd. (referred to as Zhongtian Securities) was established in July 2004. It is a securities company controlled by the State-owned Assets Supervision and Administration Commission of Liaoning Province. In 2016, Zhongtian Securities implemented capital increase and share expansion. After full investigation, he participated in the capital increase and stock expansion of Zhongtian Securities. The registered capital of Zhongtian Securities after the capital increase and share expansion was 2.225 billion yuan. Bengang Group invested 950 million yuan and held 475 million shares, accounting for 21.35% of the total share capital. It is the second largest shareholder after the provincial SASAC.
During the "Thirteenth Five-Year Plan" period, the Benxi Iron and Steel Group will gradually expand the variety and scale of financial business based on the existing financial platform, forming "finance leasing, asset management, finance companies, commercial banks, funds, trusts, securities, insurance, etc." The development trend of organic integration and mutual promotion of business sectors has achieved a good situation in which the main steel industry drives the financial industry and the financial industry promotes the main steel industry and the combination of industry and finance. At the same time, through the introduction of strategic investors, bond issuance, and listing promotion, we actively expanded financing channels to strengthen the capital strength and market competitiveness of the financial sector. At the end of the "Thirteenth Five-Year Plan" period, the financial sector of Benxi Iron & Steel will realize an annual operating income of 5 billion yuan and a profit of 900 million yuan.