1. From the perspective of shareholder structure, Liaoshen Bank * * * has eight founding shareholders. In addition to Liaoning Jinkong, Liaoning Communications Construction Investment Group Co., Ltd. holds 5 billion shares, accounting for 25% of the shares. Deposit Insurance Fund Management Co., Ltd., Shenyang Shengjing Financial Holding Investment Group Co., Ltd. and Shenyang Financial Center Development Group Co., Ltd. each hold 6,543.8 billion shares, holding 5%; Liaoning Runzhong Water Supply Co., Ltd., Yingkou Construction Investment Development Co., Ltd. and Liaoyang Water Supply Co., Ltd. each hold 500 million shares, each holding 2.5%. It is worth mentioning that these eight shareholders are all "state-owned".

2. From the perspective of market positioning: Liaoshen Bank is positioned as a provincial-level city commercial bank in Liaoning Province similar to Shanxi Bank. The purpose of its reorganization is to merge and reorganize small city commercial banks in Liaoning Province, such as Yingkou Coastal Bank and Liaoyang Bank.

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Liaoshen Bank is the fourth city bank newly established after Mongolia Commercial Bank, Sichuan Bank and Shanxi Bank. Liaoning Bank, located in Shenyang, was formally approved to be established on May 26th, 20021,led by Liaoning Financial Holding Group. It is one of the original intentions of the merger of Liaoning 12 related city commercial banks to set up Shenyang Bank and promote the overall reform of Liaoning city commercial banks.

At the beginning of its establishment, Liaoshen Bank merged Liaoyang Bank and Yingkou Coastal Bank, with total assets of about 259.9 billion yuan. In addition to Shengjing Bank, bank of dalian Bank and Jinzhou Bank, there are also 12 enterprises in Liaoning Province, which put forward the merger and reorganization target of 12 city companies, specifically Fuxin Bank, Bank Yingkou Bank, Bank Liaoyang, Anshan, Huludao, Chaoyang Bank Dandong Bank Yingkou Coastal Bank Document, Fushun, Benxi, Bank, Bank and Tieling Bank. Although the qualification of this 12 city enterprise is not very good, there are still some differences. Among them, Fuxin Bank, Chaoyang Bank, Dandong Bank and Fushun Bank announced the financial information in 2020 and the issuance plan of 202 1 interbank deposit certificates, with relatively complete financial status.

In addition, the financial indicators of Tieling Bank, Panjin Bank and Benxi Bank are not optimistic. The latest non-performing loan ratio and provision coverage ratio of Benxi Bank are 7.43% and 44.26% respectively. The net profit of the other five city commercial banks, Liaoyang Bank, Yingkou Coastal Bank, Yingkou Bank, Anshan Bank and Huludao Bank, dropped sharply compared with the same period of last year, and the net interest rate of assets was below 0.30%. Generally speaking, it is difficult for Liaoshen Bank to merge 12 city commercial banks, and the process is long. Absorbing all 12 city banks will consume a lot of capital. Let's wait and see the future development.