Core Viewpoint - Guangzhou Rural Commercial Bank has completed the sale of debt assets to Guangzhou Asset Management Co., Ltd. for a total consideration of RMB 12.25 billion [1] Group 1: Transaction Details - The sale was finalized on November 29, 2025, with the total consideration being RMB 12.25 billion [1] - The payment will be made in cash, with the buyer having already paid 30% of the transfer price, amounting to RMB 3.675 billion [1] - The remaining 70% of the transfer price, totaling RMB 8.575 billion, will be paid in nine equal installments from 2026 to 2034, due by December 20 each year [1] Group 2: Agreement Compliance - The asset transfer agreement signed between the buyer and the bank complies with the authorization disclosed in the circular approved by shareholders on November 21, 2025 [1] - As of November 29, 2025, all rights, interests, and obligations related to the sold assets have been transferred to the buyer, including rights to receivables and any claims related to the value of the assets [1]
广州农商银行完成出售债权资产