Bank of Guizhou calls EGM for strategic acquisitions, rural bank reforms

Bank of Guizhou Co., Ltd. will hold its Third Extraordinary General Meeting (EGM) on December 10, 2025, to seek shareholder approval for several pivotal resolutions. These include amendments to measures on equity administration and related party/connected transactions, aiming to enhance equity management and standardize practices. The EGM will also address amendments to the plan on authorization of the shareholders' general meeting to the board of directors.

A major strategic focus of the EGM is the reform plan for Longli Guofeng Rural Bank, in which Bank of Guizhou holds a 25.36% stake. The plan outlines the Bank's intention to assume deposits and branch services, establishing a trust scheme for asset income rights and a new branch at Longli Guofeng's original location. This transaction may constitute a discloseable transaction under Listing Rules Chapter 14.

Additionally, the Bank proposes to acquire Panzhou Wanhe Rural Bank (20% stake, registered capital 130 million yuan), Kaili Dongnan Rural Bank (20% stake, registered capital 504 million yuan), and Baiyun Dexin Rural Bank (15% stake, registered capital 283 million yuan) through merger by absorption, establishing new branches. These acquisitions, along with the Longli Guofeng reform, are part of the Bank's efforts to reform and mitigate risks within rural banks, pending regulatory approvals.