Bank of Zhengzhou(06196.HK): Regulatory Approval Obtained for Acquisition of Junxian and Yanling Rural Banks
Bank of Zhengzhou Co., Ltd. (A-share code: 002936, H-share code: 6196) announced on January 6, 2026, that it has received regulatory approval for the acquisition of Junxian Zhengyin Rural Bank Co., Ltd. and Yanling Zhengyin Rural Bank Co., Ltd., as well as the establishment of branches.
According to the announcement, the Bank recently received "Approval from Hebi Financial Regulatory Sub-branch on Bank of Zhengzhou Co., Ltd.'s Acquisition of Junxian Zhengyin Rural Bank Co., Ltd. and Establishment of Branches" (He Jin Fu [2025] No. 44) and "Approval from China National Financial Regulatory Administration Xuchang Regulatory Sub-branch on Bank of Zhengzhou Co., Ltd.'s Acquisition of Yanling Zhengyin Rural Bank Co., Ltd. and Establishment of Branches" (Xu Jin Fu [2025] No. 131), granting approval for the Bank to acquire the two rural banks and establish branches to assume their assets, liabilities, business, employees, and related rights and obligations after asset and liability verification. The Bank stated that it will strictly complete the acquisition-related matters in accordance with relevant laws and regulations.
The announcement also noted that the Bank is not an authorized institution under Chapter 155 of the Hong Kong Banking Ordinance, is not subject to the supervision of the Hong Kong Monetary Authority, and is not authorized to carry out banking and/or deposit-taking business in Hong Kong.
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