On June 27th, Gelonhui announced that in order to further alleviate the pressure of non-performing assets borne by the bank, the bank will dispose of debt assets through public bidding, with a total principal balance and interest of approximately RMB 330 million. After completing the public bidding selection process, the bank confirmed that Gansu Asset Management won the bid. On June 27, 2024, the bank signed asset transfer contract with Gansu Asset Management, agreeing to transfer debt assets listed in the relevant asset transfer contract according to law, with a total price of RMB 52.61 million.

The debt assets under the asset transfer contract belong to the bank's non-performing assets, and involve relatively large amounts and multiple stakeholders and creditors. The signing of the asset transfer contract and the transfer of debt assets is beneficial to alleviate the pressure of the bank's non-performing assets, and it is also an effective way to revitalize credit resources and make full use of market-oriented means to dispose of non-performing assets, which can further solidify the foundation for the bank's high-quality development. After comprehensive consideration, the bank believes that signing the asset transfer contract is beneficial to the bank and its shareholders.