Bank of Gansu Sells RMB101.8 Million in Non-Performing Assets to Gansu Assets Management

Reuters
2025/12/29
Bank of Gansu Sells RMB101.8 Million in Non-Performing Assets to Gansu Assets Management

Bank of Gansu Co. Ltd. has announced the transfer of certain creditor's rights assets with a principal and interest totaling approximately RMB175.33 million to Gansu Assets Management Co., Ltd. through a public bidding process. The transaction was finalized at a consideration of RMB101.75 million under an assets transfer agreement signed on December 29, 2025. Gansu Assets Management is a subsidiary of a substantial shareholder of the Bank, and the transaction was approved by the Bank’s board with related directors abstaining from voting.

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. Bank of Gansu 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-20251229-11968840), on December 29, 2025, and is solely responsible for the information contained therein.

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