Core Viewpoint - Guangzhou Rural Commercial Bank has conditionally agreed to sell its credit assets, which include loans, and is seeking shareholder approval for this transaction [1] Summary by Relevant Sections Transaction Details - The board of directors approved the transaction on October 9, 2025, and will seek shareholder authorization at an extraordinary general meeting [1] - The assets being sold include the bank's credit assets, specifically loans, along with associated rights and obligations [1] Financial Information - As of June 30, 2025, the principal amount of the assets to be sold is approximately RMB 14.978 billion, with corresponding interest amounting to about RMB 3.897 billion, judicial fees of approximately RMB 0.051 billion, and penalties totaling around RMB 0.002 billion, leading to a total debt amount of approximately RMB 18.928 billion [1] Strategic Implications - The completion of this transaction will transfer ownership of the assets from the bank to the buyer, allowing the bank to receive cash compensation [1] - This transaction is expected to enhance the bank's risk resilience, improve operational efficiency and profitability, and optimize its business structure and asset quality, laying a foundation for stable operations and long-term development [1]