Chongqing Rural Commercial Bank: Major shareholder equity transfer completed

Chongqing Rural Commercial Bank announced that the transfer of 40% equity in Chongqing Agricultural Investment Group Co., Ltd. (Agri-Investment Group) has been completed. This equity, previously held by the Chongqing State-owned Assets Supervision and Administration Commission (Chongqing SASAC), was gratuitously transferred to Chongqing Yufu Capital Operation Group Co., Ltd. (Yufu Capital), the controlling shareholder of Chongqing Yufu Holdings Group Co., Ltd. (Yufu Holdings), a major shareholder of the Bank.

Following the transfer, Agri-Investment Group will become a subsidiary of Yufu Holdings and an acting-in-concert party with Yufu Capital. This move is part of an initiative to deepen the reform of the state-owned capital authorized operation system, enhance strategic and business synergy among state-owned enterprises, and promote their high-quality development.

The Bank recently received notification from Yufu Capital confirming that the market supervision administration's filing procedures related to the aforementioned gratuitous equity transfer of Agri-Investment Group have been successfully completed. The original announcement detailing the equity change was disclosed on June 4, 2025.