Guiyang Bank shareholder Guiyang Industrial Investment to change control

Guiyang Bank Co., Ltd. announced on November 21, 2025, that its shareholder, Guiyang Industrial Investment Co., Ltd., received a letter of intent for equity acquisition. Guiyang Industrial Investment's shareholders plan to transfer over 51% of their equity to Guizhou Province Industrial Development Co., Ltd.

This proposed equity transfer, if completed, would result in a change of the actual controller of Guiyang Industrial Investment. Consequently, Guiyang Industrial Investment would no longer maintain its existing "acting in concert" relationship with Guiyang State-owned Assets Investment and Management Company, the bank's largest shareholder. Prior to this change, Guiyang Industrial Investment's actual controller was the State-owned Assets Supervision and Administration Commission of Guiyang Municipal People's Government.

As of the announcement date, Guiyang Industrial Investment holds 153,853,380 shares of Guiyang Bank, representing 4.2080% of the total share capital. Guiyang State-owned Assets and its parties acting in concert collectively hold 731,182,992 shares, accounting for 19.9984% of the total share capital. The bank noted that the equity transfer is still in the planning stage, and finalization of a formal agreement, as well as necessary regulatory approvals, remains uncertain.