Guangzhou Rural Commercial Bank Completes RMB12.25 Billion Asset Sale to Guangzhou Asset Management

Reuters12-01
Guangzhou Rural Commercial Bank Completes RMB12.25 Billion Asset Sale to Guangzhou Asset Management

Guangzhou Rural Commercial Bank Co., Ltd. has completed the disposal of certain assets to Guangzhou Asset Management Co., Ltd. The transfer of the disposal assets has been finalized, with the value fully realized and transferred to the purchaser. Guangzhou Asset Management Co., Ltd., established in Guangzhou in 2017, is engaged in the management and acquisition of non-performing assets and related financial services. The purchaser and its ultimate beneficial owners are independent third parties with no connection to Guangzhou Rural Commercial Bank or its affiliates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guangzhou Rural Commercial Bank Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937743), on December 01, 2025, and is solely responsible for the information contained therein.
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