Bank of Gansu Sells RMB101.8 Million in Non-Performing Assets to Gansu Assets Management
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Bank of Gansu Co. Ltd. has sold certain creditor’s rights assets worth approximately RMB175.33 million to Gansu Assets Management Co., Ltd. for RMB101.75 million through a public bidding process. The transaction was approved by the Bank’s board, with related directors abstaining from voting. Gansu Assets Management is a subsidiary of a substantial shareholder of the Bank. The assets transfer agreement was signed on December 29, 2025.
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