GRCB completes RMB5 bn bond issuance

Guangzhou Rural Commercial Bank Co., Ltd. ("the Bank") announced the completion and listing of its ordinary financial bonds on November 25, 2025. The issuance raised a total of RMB5 billion. These bonds are structured as three-year fixed-rate instruments, carrying a coupon rate of 1.85%.

The announcement references the 2024 annual general meeting, its related notice and circular published on May 23, 2025, and the poll results announcement dated June 13, 2025, for further details and definitions of terms used.

As of the announcement date, the Bank's board of directors consists of three executive directors (Cai Jian, Deng Xiaoyun, and Tan Bo), seven non-executive directors (Ni Kai, Wang Xiaobin, Zuo Liang, Zhang Yan, Xing Qiuyu, Hu Geyou, and Feng Yaoliang), and five independent non-executive directors (Liao Wenyi, Du Jinmin, Zheng Guojian, Zhang Hua, and Ma Hok Ming). Cai Jian serves as the chairman. The Bank clarifies it is not an authorized institution under the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) and is not supervised by the Hong Kong Monetary Authority.