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 companies with higher credit assessment ratings to reduce requirements for collateral and guarantee pledges

Recently, the General Office of the State Council issued the “Implementation Plan for Establishing a Comprehensive Corporate Credit Assessment System.” It mentions that financial institutions are encouraged to rely on the nationwide integrated financing credit service platform network, make reasonable use of public credit assessment results, and improve credit granting, risk assessment, and interest-fee pricing models. Encourage companies with higher credit assessment ratings to reduce requirements for collateral and guarantee pledges, gradually expand the coverage of credit loans, and increase the proportion of credit loans.

Commentary: For companies with high credit ratings, financing thresholds and costs are expected to decline materially, which will help high-quality enterprises—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 collateral” to “strong credit,” driving high-quality development of inclusive finance.

**NO.2 **China Fintech Association launches preparatory work for the Internet Lending Self-Regulatory Working Committee

On April 2, the China Internet Finance Association issued a statement saying it will establish an “Internet Lending Self-Regulatory Working Committee,” which will undertake responsibilities for self-regulatory management. Based on the needs for establishing the working committee, at this stage the association’s secretariat will lead the formation of a preparation group, inviting certain industry institutions engaged in internet lending facilitation business to participate, focusing on preparations for carrying out the internet lending facilitation business.

Commentary: Setting up a dedicated self-regulatory working committee will help promote industry standard development, regulate business conduct, and protect the rights and interests of financial consumers. Judging from industry trends, regulators and self-regulation working side by side will become the main tone in the internet lending sector. Concerns from 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 underwent an industrial and commercial change, with registered capital increasing from approximately RMB 3.74 billion to approximately RMB 4.24 billion, an increase of about 13%.

Commentary: Chengdu Bank’s capital increase is a positive signal for a regional bank to strengthen its capital strength and solidify its ability to withstand risks. From an industry perspective, as business expands and regulatory requirements for capital adequacy ratios rise, it has become a norm for smaller banks to “top up” capital by increasing and expanding equity. This capital increase will help Chengdu Bank further expand space for credit lending and support local economic development.

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

Tianyancha’s industrial and commercial information shows that recently, Guizhou Huagui Life Insurance Co., Ltd. underwent an industrial and commercial change, with registered capital increasing 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 Guizhou Moutai Distillery (Group) Co., Ltd., Huakang Insurance Agency Co., Ltd., Guizhou Gui’an Capital Operations 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 sufficient capital buffer for new business expansion and risk control. Against the backdrop of slowing growth in personal insurance and intensifying competition, whether Huae Insurance can achieve a differentiated breakthrough by leveraging the capital increase still needs to be observed in terms of its product innovation and channel-building effectiveness.

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