“明天系”关联企业破产处置，广州农商行旗下三家村镇银行股权被拍卖

Core Viewpoint - The Beijing Property Exchange has announced the auction of bank equity related to Tomorrow Holdings and its affiliates, following a court ruling for substantial merger bankruptcy liquidation of 669 associated companies [2][3]. Group 1: Auction Details - The auction involves three village banks: Beijing Mentougou Zhujiang Village Bank, Yantai Fushan Zhujiang Village Bank, and Qingdao Chengyang Zhujiang Village Bank, with a total starting price exceeding 15 million yuan [2][3]. - The shares available for auction include 20 million shares (2.61% of total equity) from Beijing Mentougou Zhujiang Village Bank starting at 2.0963 million yuan, 7 million shares (7% of total equity) from Yantai Fushan Zhujiang Village Bank starting at 715,300 yuan, and 16 million shares (16% of total equity) from Qingdao Chengyang Zhujiang Village Bank starting at 12.3456 million yuan [3][4]. Group 2: Background on the Banks - All three village banks are part of the Zhujiang Village Bank system initiated by Guangzhou Rural Commercial Bank, which holds 94.77%, 93%, and 35% of the shares in the respective banks [4]. - Guangzhou Rural Commercial Bank has been actively consolidating its Zhujiang Village Banks, having received approvals for mergers with three other banks in the latter half of this year, and plans to merge five banks within a year if progress continues smoothly [4]. Group 3: Legal and Financial Considerations - The auctioned assets have legal flaws, as the original shareholders had previously signed a debt settlement agreement with Harbin Bank, which has not been updated in the business registry [5][6]. - The existence of these flaws does not invalidate the auction process, as the bankruptcy liquidation allows for "as-is" sales, transferring the risk of these issues to the buyers [6][7]. - The debt settlement agreement remains binding between the original shareholders and Harbin Bank, but it does not grant Harbin Bank legal ownership of the shares due to the lack of formal registration [7].