Bank of Guiyang approves digital transformation plan, energy group credit

Bank of Guiyang Co., Ltd. held its Sixth Board of Directors' and Sixth Supervisory Board's 2025 Sixth Interim Meetings, concluding on September 23, 2025. Both bodies unanimously approved the "Bank of Guiyang Co., Ltd. Digital Transformation Plan (2026-2030)" and "On the Related Party Credit to Guizhou Energy Group Co., Ltd." All 10 directors and 5 supervisors present voted in favor of both resolutions.

The approved credit extends a comprehensive facility of 1.725 bn yuan to Guizhou Energy Group Co., Ltd., a large state-owned energy enterprise, for a term of five years from the approval date. The credit is designated for medium-term operating capital loans and bank acceptance bills. This transaction, classified as a major related-party transaction, was deemed fair and consistent with market principles, causing no adverse impact on the bank's operations or financial standing.

Independent directors and the related-party transaction control committee also reviewed and approved the credit, confirming its alignment with regulatory requirements and the bank's internal policies. Guizhou Energy Group is a related party through its association with Guizhou Wujiang Energy Investment Co., Ltd., a major shareholder of Bank of Guiyang.