State-Owned Financial Holdings Aiming for Profit Growth and Mergers

Reported 11 months ago

Chairman Zhang Yunpeng of Hua Nan Financial Holding Company announced a three-year plan at the shareholders' meeting, aiming to improve earnings per share (EPS) ranking and increase non-bank subsidiary profits. State-owned financial holdings like Hua Nan Financial and First Financial are open to mergers with interests in AI industry and businesses that can enhance competitiveness. The companies are focusing on capital efficiency and complementary mergers for effective performance in the market.

Source: YAHOO

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