Guangzhou Rural Commercial Bank seeks shareholder mandate for RMB 5.7 billion non-performing asset sale

• Shareholders will vote at the 2026 first extraordinary general meeting on a mandate to proceed with a major asset-transfer transaction.
• The plan would allow a single public tender sale of creditors’ rights assets with RMB 5.77 billion book value as of June 30, 2026.
• Initial estimated consideration is about RMB 5.7 billion, implying an estimated pre-tax loss of about RMB 74 million.
• The board backs the mandate, citing asset-quality improvement, stronger liquidity, and general working-capital proceeds.
• The mandate would run 12 months from EGM approval, delegating execution authority to the board and its designees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guangzhou Rural Commercial Bank Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306922), on August 28, 2026, and is solely responsible for the information contained therein.