Bank of Gansu Co., Ltd. has announced the transfer of non-performing assets to Gansu Assets Management. The transaction involves the transfer of Creditor's Rights Assets, with a principal balance and interest totaling approximately RMB189,133,900, for a consideration of RMB36,660,600. The agreement, finalized on June 30, 2025, aims to alleviate the pressure of non-performing assets on the Bank. Gansu Assets Management, a subsidiary of Gansu State-owned Assets Investment, was selected as the transferee following a public bidding process.
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