On December 13, Gansu Bank (02139.HK) issued an announcement. In order to further ease the negative asset pressure borne by the Bank, the Bank plans to dispose of debt assets through public bidding. The total principal balance and interest is approximately RMB 56.4472 million. After completing the public bidding selection process, the Bank confirmed Gansu Asset Management as the winner of the open bid. On December 13, 2024, the Bank signed an asset transfer contract with Gansu Asset Management. Based on this, the Bank agreed to transfer the debt assets to Gansu Asset Management at a total cost of RMB 10.5 million.
Debt assets are the Bank's bad assets. The transfer of debt assets is conducive to relieving the pressure on non-performing assets borne by the Bank. At the same time, it is also an effective way to revitalize credit resources and make full use of market-based means to dispose of non-performing assets, which can further consolidate the foundation for the Bank's high-quality development.