China Internet Finance Association prepares the Internet Loan Self-Regulation Working Committee; Chengdu Bank increases capital to 4.24 billion yuan | Financial Morning Briefing

|April 3, 2026, Friday|

**NO.1 **General Office of the State Council: Encourage enterprises with higher credit rating levels to reduce requirements for collateral pledged for guarantees

Recently, the General Office of the State Council issued the “Implementation Plan for Establishing a Comprehensive Evaluation System for Enterprise Credit Standing.” It states that financial institutions are encouraged to rely on the national integrated financing credit service platform network, reasonably use public credit evaluation results, and improve credit granting, risk assessment, and interest/fee pricing models. Encourage enterprises with higher credit evaluation rating levels to reduce requirements for collateral pledged for guarantees, gradually expand the coverage of credit loans, and increase the proportion of credit loans.

Commentary: For enterprises with high credit ratings, financing thresholds and costs are expected to decline materially, which will help quality enterprises—especially small and micro enterprises—obtain more convenient credit support. Judging from industry trends, the deep integration of public credit evaluation and financial institutions’ risk control systems will accelerate the shift of credit resources from “heavy reliance on collateral” to “credit-based reliance,” promoting high-quality development of inclusive finance.

**NO.2 **China FinTech Association carries out preparatory work for the Internet Lending Industry Self-Regulatory Work Committee

On April 2, the China Internet Finance Association issued a notice stating that it will establish an “Internet Lending Industry Self-Regulatory Work Committee,” which will assume responsibilities for self-regulatory management. According to the needs for assembling the work committee, at this stage the association’s secretariat will take the lead in setting up a preparatory group for the committee, inviting some industry institutions engaged in internet lending facilitation business to participate, focusing on preparatory work for the internet lending facilitation business.

Commentary: Establishing a dedicated self-regulatory work committee can help promote the development of industry standards, regulate business conduct, and protect the rights and interests of financial consumers. Judging from industry trends, placing equal emphasis on regulation and self-regulation will become the prevailing tone in the internet lending sector. Concerns among consumers about “chaotic practices” in internet lending are expected to be alleviated.

**NO.3 ****Chengdu Bank increases capital to RMB 4.24 billion

The National Enterprise Credit Information Publicity System shows that recently Chengdu Bank made industrial and commercial changes. Its registered capital increased from approximately RMB 3.74 billion to approximately RMB 4.24 billion, a rise of about 13%.

Commentary: Chengdu Bank’s capital increase is a positive signal for regional banks to replenish capital strength and solidify risk-absorption capabilities. From an industry perspective, as business expands and regulatory requirements for capital adequacy ratios increase, it has become the norm for smaller banks to “replenish their coffers” through capital increases and share expansion. This capital increase will help Chengdu Bank further expand space for credit issuance and support local economic development.

**NO.4 ****Huagui Insurance increases capital to RMB 2.62B

Tianyancha shows that recently Guizhou Huagui Life Insurance Co., Ltd. made industrial and commercial changes. Its registered capital increased from RMB 2.0 billion to RMB 2.62B, an increase of about 31%. Shareholder information shows that the company is held jointly by China Guizhou Moutai Distillery (Group) Co., Ltd., Huakang Insurance Agency Co., Ltd., Guizhou Gui’an Capital Operation Co., Ltd., and others.

Commentary: The insurance industry is currently in a deep-water zone of transformation. Increasing capital can help the company enhance its solvency adequacy ratio, providing a more ample capital buffer for new business expansion and risk prevention/control. Against the backdrop of slowing growth and intensifying competition in the life insurance industry, whether Huagui Insurance can achieve a differentiated breakthrough by leveraging the capital increase still needs to be observed in terms of the effectiveness of its product innovation and channel development.

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