Zhitong Finance App News, Guangzhou Agricultural Commercial Bank (01551.HK) issued an announcement. On August 28, 2026, the board of directors approved the transaction, and the bank conditionally agreed to transfer the transferred assets. At the same time, the board of directors proposed to seek shareholders' approval and authorization at the extraordinary shareholders' meeting, and that the board of directors authorize other relevant parties to jointly or separately fully handle matters related to the transaction so that the board of directors and authorized persons can transfer the transferred assets during the validity period of the authorization. The final cost of this major transaction will depend on the final transaction price. The preliminary estimated total cost of the major transactions is estimated at around RMB 5.7 billion.

Zhitong Finance App News, Guangzhou Agricultural Commercial Bank (01551.HK) issued an announcement. On August 28, 2026, the board of directors approved the transaction, and the bank conditionally agreed to transfer the transferred assets. At the same time, the board of directors proposed to seek shareholders' approval and authorization at the extraordinary shareholders' meeting, and that the board of directors authorize other relevant parties to jointly or separately fully handle matters related to the transaction so that the board of directors and authorized persons can transfer the transferred assets during the validity period of the authorization. The final cost of this major transaction will depend on the final transaction price. The preliminary estimated total cost of the major transactions is estimated to be around RMB 5.7 billion.