大动作，贵阳农商行拟吸收合并七家农信法人机构 农信改革迈出关键一步

Core Viewpoint - Guiyang Rural Commercial Bank is set to hold its first extraordinary shareholders' meeting on December 1, 2025, to review a series of proposals for the absorption and merger of seven rural credit institutions, marking a significant step in the reform of unified legal person rural commercial banks in Guiyang [1][2]. Group 1: Reform Framework - The announcement outlines over ten proposals that detail the overall framework of the reform, including the merger of institutions such as Guizhou Wudang Rural Commercial Bank and Guizhou Huaxi Rural Commercial Bank [2]. - This reform is characterized as a systematic restructuring rather than a simple consolidation, with the shareholders' meeting set to review a comprehensive plan including feasibility studies and implementation strategies [2][3]. Group 2: Asset Evaluation and Shareholder Concerns - A key aspect of the merger process is determining the baseline date for asset evaluation, which will serve as an objective basis for assessing the value of each institution's assets and determining share conversion ratios [4]. - Proposals will clarify how existing shareholders' rights will transition into the new unified legal entity, with plans for targeted capital raising to enhance the merged bank's risk resilience and growth capacity [4]. Group 3: Operational Efficiency and Governance - The reform aims to mitigate localized financial risks and optimize financial resource allocation to better support rural revitalization and local economic development [5]. - Notable governance proposals include extending the term of the second board of directors to ensure stability during the reform and the potential elimination of the supervisory board, indicating a shift towards a modern governance model [5]. Group 4: Future Prospects and Challenges - Upon successful merger, the new bank is expected to significantly expand its asset scale, branch coverage, and overall business volume, becoming a crucial pillar in the local financial system [6]. - The merger presents both opportunities and challenges, including the integration of corporate cultures, management systems, and information technology, which are critical for achieving operational efficiency and market competitiveness [6].