Su Silver Kaiqi Consumer Finance Receives Additional Capital, Bank Major Shareholder's "Influence" Increases

Beijing Business Daily News (Reporter Dong Hanxuan) - Another consumer finance institution has received capital replenishment. On April 2, Beijing Business Daily noticed that, according to the administrative licensing issued by the Jiangsu Financial Regulatory Bureau under the National Financial Regulatory Administration, SuYinKaiJi Consumer Finance Co., Ltd. (hereinafter referred to as “SuYinKaiJi Consumer Finance”) was approved to increase its registered capital by 530 million yuan, changing the registered capital from 4.2 billion yuan to 4.73 billion yuan.

After this capital increase and the adjustment of the equity structure, the shareholder composition and capital contribution ratios are as follows: Jiangsu Bank contributed 2.9 billion yuan and holds 61.32%; Kaji Commercial Bank contributed 1.58 billion yuan and holds 33.41%; Hailan Home contributed 195 million yuan and holds 4.12%; Wuxing Holding Group contributed 54 million yuan and holds 1.14%.

SuYinKaiJi Consumer Finance was established in 2021, and since it began operations, it has increased capital twice in a substantial manner, with its registered capital jumping to the eighth position in the industry. After this round of capital increase, SuYinKaiJi Consumer Finance’s ranking remains at eighth place, just behind JD Consumer Finance’s 5 billion yuan.

Generally speaking, when consumer finance companies increase capital, it can not only meet regulators’ requirements for capital adequacy ratios, but also enhance their overall risk-resilience capabilities, providing a more solid funding base for business expansion and compliant operations. Behind the capital increase is also the capital demand brought about by SuYinKaiJi Consumer Finance’s rapid expansion. As of the end of June 2025, the company’s total assets were 63.037 billion yuan; in the first half of 2025, it realized operating income of 2.744 billion yuan and a net profit of 380 million yuan. By the end of the first quarter of 2025, its loan balance had already exceeded 56 billion yuan.

Regarding the capital-increase matter, Beijing Business Daily reached out to SuYinKaiJi Consumer Finance for an interview, but as of the time of publication, no response had been received.

It is worth noting that after three rounds of capital increases, the shareholding ratio of Jiangsu Bank, the largest shareholder of SuYinKaiJi Consumer Finance, has continued to rise. In this regard, Wang Pengbo, Chief Analyst at Botong Consulting, believes that the controlling shareholder position of the bank is more stable and corporate governance decision-making is more unified. This can reduce internal friction caused by multiple governance layers, and also makes it easier to integrate resources on the bank side—such as funds, customers, risk control, and channel resources—thereby strengthening synergy between the consumer finance company and its parent bank in terms of funding costs, risk-control models, and customer-acquisition scenarios. At the same time, a higher shareholding ratio also reflects the major shareholder’s support for the long-term development of the consumer finance business, which helps stabilize market confidence and reduce financing costs of consumer finance companies in the interbank and bond markets.

From a regulatory orientation, the aim is also to strengthen consumer finance company shareholders’ responsibilities, improve decision-making efficiency, and ensure shareholders’ resource inputs. The “Administrative Measures for Consumer Finance Companies,” which took effect in March 2024, raised the minimum registered capital threshold from 300 million yuan to 1 billion yuan, and increased the shareholding ratio requirement for major contributors from not less than 30% to not less than 50%.

Looking back to the first quarter of 2026, there are no shortage of capital-increase cases among consumer finance companies. Beiyin Consumer Finance and JinMeixin Consumer Finance both increased their registered capital to 1 billion yuan, meeting the regulatory “threshold”; Hubei Consumer Finance and Haier Consumer Finance optimized their equity structures by introducing new state-owned shareholders.

“Judging from the current industry landscape, the capital-increase wave among consumer finance institutions will very likely continue for another 1 to 2 years, until all remaining institutions that have not met the standard meet the 1 billion yuan registered capital threshold, and the capital strength and business scale of leading institutions are basically aligned,” Wang Pengbo said.

Specifically, Wang Pengbo believes that capital increases will be more concentrated among mid-tier and tail-end institutions. For tail-end institutions, the core is to meet the regulators’ minimum capital requirement in order to preserve their licensed status. For mid-tier institutions, capital increases are often used to supplement capital and optimize their equity structures to enhance competitiveness. While leading institutions also increase capital, their pace will be more moderate. More often, they are coordinating with business expansion and the integration of shareholder resources.

In addition, in terms of capital-increase methods, bank-affiliated consumer finance institutions will mainly adopt exclusive capital injections by the lead bank as initiator or proportional increases in shareholdings to further strengthen control. Industry-backed and smaller-to-medium consumer finance institutions will more often use proportional capital increases by existing shareholders, or introduce new shareholders—especially state-owned or industry investment parties. Some institutions also combine equity transfers to optimize their equity structures. Overall, the focus is on paid-in monetary capital, with both objectives of capital replenishment and resource synergy taken into account.