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 **State Council General Office: Encourage companies with higher credit rating grades to reduce requirements for collateral and guarantees

Recently, the General Office of the State Council issued the “Implementation Plan for Establishing a Comprehensive Corporate Creditworthiness Evaluation System.” It mentions encouraging financial institutions to rely on the network of the national integrated financing credit service platform, make reasonable use of public credit appraisal results, and improve credit-granting, risk assessment, and interest-and-fee pricing models. It encourages reducing collateral and guarantee requirements for companies with higher credit rating grades, gradually expanding the coverage of credit loans, and increasing the proportion of credit loans.

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

**NO.2 **China Internet Finance Association carries out preparations for the Internet Lending Self-Regulatory Work Committee

On April 2, the China Internet Finance Association issued a notice stating that it will set up an “Internet Lending 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 establishing a preparatory team, inviting some industry institutions engaged in internet loan facilitation business to participate, focusing on preparations for carrying out internet loan facilitation business.

Commentary: Establishing a dedicated self-regulatory work committee will help advance the building of industry standards, standardize business practices, and protect the rights and interests of financial consumers. From industry trends, putting regulation and self-regulation on equal footing is expected to become the main tone in the field of internet lending. Consumers’ concerns about “chaotic practices” in internet lending are expected to be eased.

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

The National Enterprise Credit Information Publicity System shows that recently, Chengdu Bank underwent an industrial and commercial change, with its registered capital rising from about RMB 3.74 billion to about RMB 4.24 billion, an increase of about 13%.

Commentary: Chengdu Bank’s capital increase is a positive signal for regional banks to strengthen their capital strength and solidify their risk-resilience capability. From an industry perspective, as business expands and regulators raise requirements for capital adequacy ratios, it has become a norm for smaller and medium-sized banks to “replenish capital” through capital increases and equity share issuances. This capital increase will help Chengdu Bank further expand its space for credit lending and support local economic development.

**NO.4 **Huagui Insurance increases capital to RMB 2.615 billion

Tianyancha’s corporate information shows that recently, Guizhou Huagui Life Insurance Co., Ltd. underwent an industrial and commercial change, with its registered capital rising from RMB 2.0 billion to RMB 2.615 billion, an increase of about 31%. Shareholder information shows that the company is jointly held by China Kweichow 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. Capital increases can help the company improve its solvency adequacy ratio, providing a more ample capital buffer for new business expansion and risk control. Against the backdrop of slowing growth in life insurance and intensifying competition, whether Huagui Insurance can leverage the capital increase to achieve a differentiated breakthrough still needs to be observed, including the effectiveness of its product innovation and channel development.

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