估值近10亿的广发银行股权被挂出拍卖，持股人为元老级股东、被交银信托追债

Core Viewpoint - The equity stake of Guangdong Development Bank, valued at nearly 1 billion yuan, is set to be publicly auctioned in early 2026, with a starting price of 784 million yuan, significantly below the bank's net asset value per share [1][12]. Group 1: Auction Details - Jiangsu Sugang Group Co., Ltd. will auction 223 million shares of Guangdong Development Bank on January 27, 2026, with an assessed value of 980 million yuan, translating to 4.40 yuan per share, and a starting price of 784 million yuan, which is approximately 20% lower than the assessed value, equating to a starting price of 3.52 yuan per share [1][13]. - The auction is being conducted by the Beijing First Intermediate People's Court, linked to a financial loan dispute between Jiangsu Sugang Group and China International Trust [1][15]. Group 2: Background of the Dispute - In September 2017, a loan agreement was signed between China International Trust and Beijing University Founder Information Industry Group, with Jiangsu Sugang Group providing equity pledge guarantees using its shares in Guangdong Development Bank [2][15]. - The loan agreement stipulated that the Beijing University Founder Information Industry Group would repay the loans by November 2019, but they failed to do so, leading to Jiangsu Sugang Group's inability to fulfill its guarantee obligations [2][15]. Group 3: Shareholder Information - Jiangsu Sugang Group has been a long-term shareholder of Guangdong Development Bank, initially holding 9.31% of shares in 2005, but its stake has decreased over the years to 1.022% by the end of 2022, making it the eighth largest shareholder [5][22]. - The group has undergone several changes in its controlling interests, with its current major shareholder being Founder Commercial Real Estate Co., Ltd., and the ultimate beneficiary being Ping An Insurance Group [22][24]. Group 4: Bank Performance - Guangdong Development Bank, established in 1988, has total assets of 3.69 trillion yuan as of mid-2025, with a revenue of 33.044 billion yuan in the first half of the year, reflecting a year-on-year decline of 4.39%, while net profit increased by 3.78% to 8.621 billion yuan [11][25]. - The latest net asset value per share of Guangdong Development Bank is 11.65 yuan, which is 2.65 times the assessed auction value and 3.31 times the starting price [11][25].